Is PGA National, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing PGA National is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, PGA National was a Seller's Market.

Key Takeaway

PGA National is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in PGA National, FL

How much do homes in PGA National, FL cost?

Median Sold Price

$530,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,000(-7.8%)

Key Takeaway

Homes in PGA National have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in PGA National was $530,000 in November 2024, down 7.8% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K$212K
+11.6%
2 $430K$436.2K
+1.5%
3 $641.2K$615K
-4.1%
4 $950K$1.1M
+21.8%
5+ $1.5M$1.4M
-8.3%

Summary: PGA National housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Neighborhoods

Mirasol
+10.7%
BallenIsles
+3.1%
PGA National
-7.8%

Housing Supply in PGA National, FL

How many homes are available in PGA National, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151164+8.6%

Summary: The PGA National real estate market had 164 homes for sale in November 2024, a 8.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 6666
0.0%
3 6978
+13.0%
4 1115
+36.4%
5+ 44
0.0%

Summary: The PGA National 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 remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2116-23.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in PGA National, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in PGA National in November 2024, down by 23.8% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for PGA National, FL

How long does it take to sell a home in PGA National, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days54 Days+6.4%

Summary: Homes in PGA National had an average of 54 days on market in Nov 2024, up by 6.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in PGA National are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in PGA National; 56% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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