$7,351 Closing Credit*
$619,000
1,362 SqFt
2 Beds
•2 Full Baths
Sara Neering, Listing Office: LPT Realty
Is Parrot Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Parrot Cove was a Seller's 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
$575,900
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$139,100(-19.5%)
Key Takeaway
Homes in Parrot Cove have sold for 19.5% less than they did a year ago.
Summary: The median home sold price in Parrot Cove was $575,900 in November 2024, down 19.5% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | $142.7K | -5.5% |
| 2 Bedrooms | $528.5K | $532.5K | +0.8% |
| 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 November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Eden Place | $530K | $516K | -2.6% |
| Parrot Cove | $715K | $575.9K | -19.5% |
Housing Supply in Parrot Cove, FL
How many homes are available in Parrot Cove, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The Parrot Cove real estate market had 34 homes for sale in November 2024, a 25.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 13 | +85.7% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Parrot Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 Parrot Cove, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Parrot Cove in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 10 Days | -71.4% |
Summary: Homes in Parrot Cove had an average of 10 days on market in Nov 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parrot Cove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Parrot Cove; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.