$9,132 Closing Credit*
$769,000
1,187 SqFt
3 Beds
•2 Full Baths
Jonathan Allen, Listing Office: Illustrated Properties LLC
Is Parrot Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Parrot Cove was a Neutral Market.
Key Takeaway
Parrot Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Parrot Cove, FL
How much do homes in Parrot Cove, FL cost?
Median Sold Price
$591,450
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$123,550(-17.3%)
Key Takeaway
Homes in Parrot Cove have sold for 17.3% less than they did a year ago.
Summary: The median home sold price in Parrot Cove was $591,450 in October 2024, down 17.3% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $142.7K | -5.5% |
| 2 Bedrooms | $528.5K | $550K | +4.1% |
| 3 Bedrooms | $768.5K | $612.9K | -20.2% |
| 4 Bedrooms | $892.5K | $1.1M | +31.1% |
| 5+ Bedrooms | $931K | - | N/A |
Summary: Parrot Cove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes did not change.
Housing Supply in Parrot Cove, FL
How many homes are available in Parrot Cove, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Parrot Cove real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Parrot Cove 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 decreased by 11.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parrot Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parrot Cove in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Parrot Cove, FL
How long does it take to sell a home in Parrot Cove, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 84 Days | +7.6% |
Summary: Homes in Parrot Cove had an average of 84 days on market in Oct 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Parrot Cove has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Parrot Cove; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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