Is Grove City-Rotonda, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Grove City-Rotonda is a buyer's market


Difference Since November 2022

At the same time last year, Grove City-Rotonda was a Neutral Market.

Key Takeaway

Grove City-Rotonda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Grove City-Rotonda, FL

How much do homes in Grove City-Rotonda, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Grove City-Rotonda have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Grove City-Rotonda was $386,482 in November 2023, down 5.6% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $195K$177K
2 $315.1K$275K
3 $430.9K$424.9K
4 $510.4K$419.7K
5+ $649K$555K

Summary: Grove City-Rotonda housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 14.5%.

Median Sold Price Compared To Nearby Cities

Rotonda West
Grove City-Rotonda

Housing Supply in Grove City-Rotonda, FL

How many homes are available in Grove City-Rotonda, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Grove City-Rotonda real estate market had 1,143 homes for sale in November 2023, a 11.9% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 2323
2 238261
3 578650
4 156182
5+ 2627

Summary: The Grove City-Rotonda housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 3.8%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

74 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grove City-Rotonda, you may be able to get a good deal. 72.5% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Grove City-Rotonda in November 2023, down by 12.1% month-over-month. Of the 102 sold homes, 73% were sold under asking, 24% were sold at asking, and 4% were sold over asking.

Days on Market for Grove City-Rotonda, FL

How long does it take to sell a home in Grove City-Rotonda, FL?

Average Sale Time

Nov 2022Nov 2023CHANGE
35 Days72 Days+102.8%

Summary: Homes in Grove City-Rotonda had an average of 72 days on market in Nov 2023, up by 102.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grove City-Rotonda has remained consistent over time.

Summary: During November 2023, 102 homes were sold in Grove City-Rotonda; 34% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% 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 8 Days Ago

Newest Listings in Grove City-Rotonda, FL

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