$7,897 Closing Credit*
$665,000
1,784 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rhonda Calverley, Listing Office: SMITH & ASSOCIATES REAL ESTATE
Is Palma Ceia Pines, 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, Palma Ceia Pines has remained a Buyer's Market.
Key Takeaway
Palma Ceia Pines is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Palma Ceia Pines, FL
How much do homes in Palma Ceia Pines, FL cost?
Median Sold Price
$575,000
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,000(-2.9%)
Key Takeaway
Homes in Palma Ceia Pines have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Palma Ceia Pines was $575,000 in October 2024, down 2.9% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $173.5K | +0.9% |
| 2 Bedrooms | $345K | $358K | +3.8% |
| 3 Bedrooms | $751.2K | $792.5K | +5.5% |
| 4 Bedrooms | $850K | $802K | -5.6% |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Palma Ceia Pines housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Courier City | $445K | $508K | +14.2% |
| Palma Ceia Pines | $592K | $575K | -2.9% |
Housing Supply in Palma Ceia Pines, FL
How many homes are available in Palma Ceia Pines, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Palma Ceia Pines real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palma Ceia Pines housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palma Ceia Pines, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Palma Ceia Pines in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Palma Ceia Pines, FL
How long does it take to sell a home in Palma Ceia Pines, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 32 Days | -30.0% |
Summary: Homes in Palma Ceia Pines had an average of 32 days on market in Oct 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Palma Ceia Pines are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Palma Ceia Pines; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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