Is Placida, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Placida was a Seller's Market.
Housing Prices in Placida, FL
How much do homes in Placida, FL cost?
Median Sold Price
$835,000
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Placida was $835,000 in May 2024, up 21.9% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.3M | $947K | -27.2% |
2 Bedrooms | $482.5K | $617.2K | +27.9% |
3 Bedrooms | $690K | $840.2K | +21.8% |
4 Bedrooms | $1.2M | $950K | -22.4% |
5+ Bedrooms | $8.6M | $6.0M | -29.5% |
Summary: Placida housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.2%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 21.8%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
Placida | $685K | $835K | +21.9% |
Grove City-Rotonda | $404.7K | $384.9K | -4.9% |
Rotonda West | $450.3K | $410.6K | -8.8% |
Boca Grande | $4.0M | $3.1M | -20.9% |
Housing Supply in Placida, FL
How many homes are available in Placida, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
162 | 176 | +8.6% |
Summary: The Placida real estate market had 176 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 44 | 49 | +11.4% |
3 Bedrooms | 93 | 93 | 0.0% |
4 Bedrooms | 16 | 27 | +68.8% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Placida housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 11.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 68.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Placida in May 2024, up by 14.3% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Placida, FL
How long does it take to sell a home in Placida, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 104 Days | +277.9% |
Summary: Homes in Placida had an average of 104 days on market in May 2024, up by 277.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Placida; 19% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.