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

Housing Market Conditions

Neutral
Market

Seller's
Market

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

Buyer's
Market

Difference Since December 2020

Since last year, Grove City-Rotonda has remained a Seller's Market.

Key Takeaway

Grove City-Rotonda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

Median Sold Price

$349,149

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$68,990(+24.6%)

Key Takeaway

Homes in Grove City-Rotonda have sold for 24.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $185K$270K
+45.9%
2 $223.9K$255.6K
+14.1%
3 $294.9K$364.5K
+23.6%
4 $332.5K$446.3K
+34.2%
5+ $395K$650K
+64.6%

Median Sold Price Compared To Nearby Cities

Boca Grande
+41.0%
Englewood
+38.2%
Placida
+35.2%
Rotonda West
+29.7%
Grove City-Rotonda
+24.6%

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

Number of Homes For Sale

Nov 2021Dec 2021%
597518-13.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 913
+44.4%
2 146120
-17.8%
3 363314
-13.5%
4 6558
-10.8%
5+ 1413
-7.1%

Number of Homes Sold

Nov 2021Dec 2021%
148157+6.1%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

48 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. 42% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
60 Days19 Days-67.6%

Breakdown of Home Sale Times

126 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grove City-Rotonda are selling fast, if you're buying plan to act quickly.

About Grove City-Rotonda, FL

There are 518 homes are for sale in Grove City-Rotonda, FL real estate market. The number of homes for sale in Grove City-Rotonda, FL decreased by 13.2% between November 2021 and December 2021. In December 2021, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $349,149. Listing prices have changed in this real estate market between November 2021 and December 2021: prices of 1 bedroom properties increased by 45.9%, prices of 2 bedrooms properties increased by 14.1%, prices of 3 bedrooms properties increased by 23.6%, 4 bedrooms properties prices increased by 34.2%, 5 bedrooms properties prices increased by 64.6%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 44.4%, number of 2 bedrooms homes decreased by 17.8%, number of 3 bedrooms homes decreased by 13.5%, 4 bedrooms homes inventory decreased by 10.8%, volume of 5 bedrooms homes went down by 7.1%. In December 2021 more than 48 listings in Grove City-Rotonda, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 66 were sold below.

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