$3,324 Closing Credit*
$279,900
1,720 SqFt
3 Beds
•2 Full Baths
Linda Mitchell, Listing Office: Gulf Real Estate Group, LLC
Is Perdido Bay, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Perdido Bay was a Seller's Market.
Key Takeaway
Perdido Bay is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Perdido Bay, FL
How much do homes in Perdido Bay, FL cost?
Median Sold Price
$335,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$11,050(-3.2%)
Key Takeaway
Homes in Perdido Bay have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Perdido Bay was $335,000 in December 2024, down 3.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | - | N/A |
| 2 Bedrooms | $297.5K | $275K | -7.6% |
| 3 Bedrooms | $300K | $310K | +3.3% |
| 4 Bedrooms | $385K | $380.8K | -1.1% |
| 5+ Bedrooms | $438.5K | $680K | +55.1% |
Summary: Perdido Bay housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 55.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Myrtle Grove | $218.5K | $245K | +12.1% |
| Grande Lagoon | $413.7K | $435K | +5.1% |
| Warrington | $250K | $250K | 0.0% |
| Perdido Bay | $346K | $335K | -3.2% |
Housing Supply in Perdido Bay, FL
How many homes are available in Perdido Bay, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 144 | 143 | -0.7% |
Summary: The Perdido Bay real estate market had 143 homes for sale in December 2024, a 0.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 89 | 91 | +2.2% |
| 4 Bedrooms | 43 | 42 | -2.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Perdido Bay housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perdido Bay, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Perdido Bay in December 2024, up by 35.3% month-over-month. Of the 23 sold homes, 65% were sold under asking, 22% were sold at asking, and 13% were sold over asking.
Days on Market for Perdido Bay, FL
How long does it take to sell a home in Perdido Bay, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 50 Days | 59 Days | +19.2% |
Summary: Homes in Perdido Bay had an average of 59 days on market in Dec 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Perdido Bay has remained consistent over time.
Summary: During December 2024, 23 homes were sold in Perdido Bay; 35% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.