$32,900
0.18 Acres
Land
Ashley Crawford, Listing Office: EPIQUE REALTY INC
Is Rotonda West, 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, Rotonda West was a Seller'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
$401,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$30,450(-7.1%)
Key Takeaway
Homes in Rotonda West have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in Rotonda West was $401,000 in November 2024, down 7.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $139.9K | -9.7% |
| 2 Bedrooms | $274K | $242K | -11.7% |
| 3 Bedrooms | $460K | $425K | -7.6% |
| 4 Bedrooms | $448.2K | $404.5K | -9.7% |
| 5+ Bedrooms | $643K | $560K | -12.9% |
Summary: Rotonda West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Placida | $800K | $832.7K | +4.1% |
| Grove City-Rotonda | $386.1K | $380.2K | -1.5% |
| Rotonda West | $431.4K | $401K | -7.1% |
Housing Supply in Rotonda West, FL
How many homes are available in Rotonda West, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 334 | 385 | +15.3% |
Summary: The Rotonda West real estate market had 385 homes for sale in November 2024, a 15.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 39 | 42 | +7.7% |
| 3 Bedrooms | 238 | 278 | +16.8% |
| 4 Bedrooms | 46 | 55 | +19.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rotonda West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 22 | -29.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 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. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Rotonda West in November 2024, down by 29.0% month-over-month. Of the 22 sold homes, 73% were sold under asking, 14% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 96 Days | +42.0% |
Summary: Homes in Rotonda West had an average of 96 days on market in Nov 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Rotonda West are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 22 homes were sold in Rotonda West; 23% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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