$3,443 Closing Credit*
$289,900
1,283 SqFt
2 Beds
•2 Full Baths
Susan Heller, Listing Office: EXP Realty LLC
Is Pelican Preserve, 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 Preserve was a Seller's Market.
Key Takeaway
Pelican Preserve is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pelican Preserve, FL
How much do homes in Pelican Preserve, FL cost?
Median Sold Price
$478,400
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$31,600(-6.2%)
Key Takeaway
Homes in Pelican Preserve have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Pelican Preserve was $478,400 in November 2024, down 6.2% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $384K | $384K | 0.0% |
| 3 Bedrooms | $569.5K | $533.7K | -6.3% |
| 4 Bedrooms | $725K | $600K | -17.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pelican Preserve 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 did not change, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes did not change.
Housing Supply in Pelican Preserve, FL
How many homes are available in Pelican Preserve, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 99 | +15.1% |
Summary: The Pelican Preserve real estate market had 99 homes for sale in November 2024, a 15.1% 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 | 31 | 42 | +35.5% |
| 3 Bedrooms | 46 | 48 | +4.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pelican Preserve 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 35.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pelican Preserve, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pelican Preserve in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Pelican Preserve, FL
How long does it take to sell a home in Pelican Preserve, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 86 Days | +77.2% |
Summary: Homes in Pelican Preserve had an average of 86 days on market in Nov 2024, up by 77.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pelican Preserve are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Pelican Preserve; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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