$6,519 Closing Credit*
$549,000
1,683 SqFt
3 Beds
•2 Full Baths
Jody Siegel, Listing Office: Redfin Corporation
Is Pelican Landing, 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, Pelican Landing was a Neutral Market.
Key Takeaway
Pelican Landing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pelican Landing, FL
How much do homes in Pelican Landing, FL cost?
Median Sold Price
$749,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$89,000(+13.5%)
Key Takeaway
Homes in Pelican Landing have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Pelican Landing was $749,000 in November 2024, up 13.5% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | - | N/A |
| 2 Bedrooms | $535K | $475K | -11.2% |
| 3 Bedrooms | $669K | $760.5K | +13.7% |
| 4 Bedrooms | $1.4M | $1.6M | +13.8% |
| 5+ Bedrooms | $1.9M | $2.2M | +12.8% |
Summary: Pelican Landing housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 12.8%.
Housing Supply in Pelican Landing, FL
How many homes are available in Pelican Landing, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 83 | +31.7% |
Summary: The Pelican Landing real estate market had 83 homes for sale in November 2024, a 31.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 42 | 52 | +23.8% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pelican Landing 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 46.2%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 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 Pelican Landing, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pelican Landing in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pelican Landing, FL
How long does it take to sell a home in Pelican Landing, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 51 Days | -13.1% |
Summary: Homes in Pelican Landing had an average of 51 days on market in Nov 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pelican Landing are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Pelican Landing; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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