$6,947 Closing Credit*
$585,000
2,091 SqFt
3 Beds
•2 Full Baths
Joseph Gnapp, Listing Office: QUICKSILVER REAL ESTATE GROUP
Is Largo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Largo has remained a Seller's Market.
Key Takeaway
Largo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Largo, FL
How much do homes in Largo, FL cost?
Median Sold Price
$350,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,737(+5.3%)
Key Takeaway
Homes in Largo have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Largo was $350,000 in October 2024, up 5.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $135K | -12.9% |
| 2 Bedrooms | $244.6K | $245.5K | 0.4% |
| 3 Bedrooms | $412K | $415K | +0.7% |
| 4 Bedrooms | $561.4K | $560K | -0.3% |
| 5+ Bedrooms | $719.5K | $670K | -6.9% |
Summary: Largo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Belleair | $550K | $725K | +31.8% |
| Belleair Bluffs | $368.1K | $394.5K | +7.2% |
| Largo | $332.2K | $350K | +5.3% |
| Pinellas Park | $318.4K | $330K | +3.6% |
| Clearwater | $350.1K | $358.5K | +2.4% |
Housing Supply in Largo, FL
How many homes are available in Largo, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 609 | 582 | -4.4% |
Summary: The Largo real estate market had 582 homes for sale in October 2024, a 4.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 43 | 45 | +4.7% |
| 2 Bedrooms | 217 | 213 | -1.8% |
| 3 Bedrooms | 255 | 240 | -5.9% |
| 4 Bedrooms | 76 | 64 | -15.8% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Largo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 98 | +10.1% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Largo, you may be able to get a good deal. 73.5% of homes here sold below asking price last month.
Summary: A total of 98 homes were sold or pending in Largo in October 2024, up by 10.1% month-over-month. Of the 98 sold homes, 73% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for Largo, FL
How long does it take to sell a home in Largo, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 56 Days | +113.5% |
Summary: Homes in Largo had an average of 56 days on market in Oct 2024, up by 113.5% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Largo are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 98 homes were sold in Largo; 41% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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