$70,000
0.36 Acres
Land
Alexis Bolin, Listing Office: KELLER WILLIAMS REALTY GULF COAST
Is Perdido Bay, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Perdido Bay was a Seller's Market.
Key Takeaway
Perdido Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Perdido Bay, FL
How much do homes in Perdido Bay, FL cost?
Median Sold Price
$339,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$333(+0.1%)
Key Takeaway
The sold price of homes in Perdido Bay has remained the same since last year.
Summary: The median home sold price in Perdido Bay was $339,000 in September 2024, up 0.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $105K | -65.0% |
| 2 Bedrooms | $275K | $286.5K | +4.2% |
| 3 Bedrooms | $300K | $306.5K | +2.2% |
| 4 Bedrooms | $389.9K | $379K | -2.8% |
| 5+ Bedrooms | $389K | $685K | +76.1% |
Summary: Perdido Bay housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 76.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Myrtle Grove | $216K | $244.2K | +13.1% |
| Warrington | $242K | $254.4K | +5.1% |
| Grande Lagoon | $410K | $419.9K | +2.4% |
| Perdido Bay | $338.6K | $339K | 0.1% |
Housing Supply in Perdido Bay, FL
How many homes are available in Perdido Bay, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 173 | 167 | -3.5% |
Summary: The Perdido Bay real estate market had 167 homes for sale in September 2024, a 3.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 102 | 99 | -2.9% |
| 4 Bedrooms | 46 | 47 | +2.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Perdido Bay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 22 | -35.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 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. 57.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Perdido Bay in September 2024, down by 35.3% month-over-month. Of the 21 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 41 Days | 59 Days | +42.8% |
Summary: Homes in Perdido Bay had an average of 59 days on market in Sep 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Perdido Bay are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 22 homes were sold in Perdido Bay; 41% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Information Deemed Reliable but not guaranteed. 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
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