Is The Colony at Pelican Landing, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Colony at Pelican Landing is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, The Colony at Pelican Landing has remained a Buyer's Market.

Key Takeaway

The Colony at Pelican Landing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Colony at Pelican Landing, FL

How much do homes in The Colony at Pelican Landing, FL cost?

Median Sold Price

$3,000,000

$680/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,470,000(+96.1%)

Key Takeaway

Homes in The Colony at Pelican Landing have sold for 96.1% more than they did a month ago.

Summary: The median home sold price in The Colony at Pelican Landing was $3,000,000 in November 2024, up 96.1% from last month, and the median price per square foot was $680.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.5M-
N/A
4 --
N/A
5+ -$3.0M
N/A

Summary: The Colony at Pelican Landing housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Colony at Pelican Landing, FL

How many homes are available in The Colony at Pelican Landing, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5557+3.6%

Summary: The The Colony at Pelican Landing real estate market had 57 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 3739
+5.4%
4 1111
0.0%
5+ 22
0.0%

Summary: The The Colony at Pelican Landing 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 5.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Colony at Pelican Landing, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in The Colony at Pelican Landing in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for The Colony at Pelican Landing, FL

How long does it take to sell a home in The Colony at Pelican Landing, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
140 Days164 Days+16.5%

Summary: Homes in The Colony at Pelican Landing had an average of 164 days on market in Nov 2024, up by 16.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in The Colony at Pelican Landing are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in The Colony at Pelican Landing; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

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