$10,000 Closing Credit*
$845,000
1,832 SqFt
2 Beds
•2 Full Baths
Charles Elig, Listing Office: Downing Frye Realty Inc.
Is Pelican Marsh, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pelican Marsh has remained a Buyer's Market.
Key Takeaway
Pelican Marsh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pelican Marsh, FL
How much do homes in Pelican Marsh, FL cost?
Median Sold Price
$1,050,000
$404/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$562,500(-34.9%)
Key Takeaway
Homes in Pelican Marsh have sold for 34.9% less than they did a month ago.
Summary: The median home sold price in Pelican Marsh was $1,050,000 in November 2024, down 34.9% from last month, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $900K | N/A |
| 3 Bedrooms | - | $629.5K | N/A |
| 4 Bedrooms | $1.6M | $1.5M | -7.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pelican Marsh housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 7%, and 5+ bedroom homes did not change.
Housing Supply in Pelican Marsh, FL
How many homes are available in Pelican Marsh, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 44 | +37.5% |
Summary: The Pelican Marsh real estate market had 44 homes for sale in November 2024, a 37.5% 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 21 | 28 | +33.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pelican Marsh 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
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 Marsh, 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 Marsh in November 2024, up by 300.0% 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 Marsh, FL
How long does it take to sell a home in Pelican Marsh, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 80 Days | -31.6% |
Summary: Homes in Pelican Marsh had an average of 80 days on market in Nov 2024, down by 31.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pelican Marsh has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Pelican Marsh; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
