$29,900
0.33 Acres
Land
Olga Vakoulich, Listing Office: COLDWELL BANKER SUNSTAR REALTY
Is Rotonda West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rotonda West has remained a Buyer's Market.
Key Takeaway
Rotonda West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rotonda West, FL
How much do homes in Rotonda West, FL cost?
Median Sold Price
$402,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$33,000(-7.6%)
Key Takeaway
Homes in Rotonda West have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Rotonda West was $402,000 in October 2024, down 7.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $151K | -2.6% |
| 2 Bedrooms | $269.7K | $242.5K | -10.1% |
| 3 Bedrooms | $452.1K | $425K | -6.0% |
| 4 Bedrooms | $461.5K | $404.5K | -12.3% |
| 5+ Bedrooms | $643K | $560K | -12.9% |
Summary: Rotonda West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Placida | $817.5K | $832.7K | +1.9% |
| Grove City-Rotonda | $389.9K | $380K | -2.5% |
| Rotonda West | $435K | $402K | -7.6% |
Housing Supply in Rotonda West, FL
How many homes are available in Rotonda West, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 311 | 341 | +9.6% |
Summary: The Rotonda West real estate market had 341 homes for sale in October 2024, a 9.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 39 | 39 | 0.0% |
| 3 Bedrooms | 216 | 240 | +11.1% |
| 4 Bedrooms | 47 | 51 | +8.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rotonda West housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rotonda West, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Rotonda West in October 2024, the same as the previous month. Of the 30 sold homes, 63% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for Rotonda West, FL
How long does it take to sell a home in Rotonda West, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 89 Days | +13.6% |
Summary: Homes in Rotonda West had an average of 89 days on market in Oct 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rotonda West are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Rotonda West; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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