$10,000 Closing Credit*
$1,535,000
2,961 SqFt
3 Beds
•3 Full Baths, 1 Partial
Amy E Velyvis, Listing Office: John R. Wood Properties
Is The Colony at Pelican Landing, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
$1,925,000
$493/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$781,000(+68.3%)
Key Takeaway
Homes in The Colony at Pelican Landing have sold for 68.3% more than they did a month ago.
Summary: The median home sold price in The Colony at Pelican Landing was $1,925,000 in October 2024, up 68.3% from last month, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.1M | $1.9M | +68.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: The Colony at Pelican Landing housing prices by bedroom type for October 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 increased by 68.3%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 52 | +8.3% |
Summary: The The Colony at Pelican Landing real estate market had 52 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 33 | 35 | +6.1% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The The Colony at Pelican Landing housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 3 homes were sold or pending in The Colony at Pelican Landing in October 2024, up by 50.0% month-over-month. Of the 3 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 184 Days | 175 Days | -4.8% |
Summary: Homes in The Colony at Pelican Landing had an average of 175 days on market in Oct 2024, down by 4.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
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 October 2024, 3 homes were sold in The Colony at Pelican Landing; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
