$10,000 Closing Credit*
$2,189,000
3,239 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jamie Jordan, Listing Office: Downing Frye Realty Inc.
Is Pelican Landing, 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, Pelican Landing has remained a Buyer's 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
$720,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,000(+7.6%)
Key Takeaway
Homes in Pelican Landing have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Pelican Landing was $720,000 in October 2024, up 7.6% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | - | N/A |
| 2 Bedrooms | $520K | $507.5K | -2.4% |
| 3 Bedrooms | $669.5K | $749K | +11.9% |
| 4 Bedrooms | $1.4M | $1.5M | +5.9% |
| 5+ Bedrooms | $1.9M | $2.2M | +12.8% |
Summary: Pelican Landing housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 5.9%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Summary: The Pelican Landing real estate market had 51 homes for sale in October 2024, a 18.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 30 | 35 | +16.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pelican Landing 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 42.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
5 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 5 homes were sold or pending in Pelican Landing in October 2024, down by 16.7% month-over-month. Of the 5 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 96 Days | 45 Days | -52.5% |
Summary: Homes in Pelican Landing had an average of 45 days on market in Oct 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
3 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 October 2024, 5 homes were sold in Pelican Landing; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
