Is Largo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Largo has remained a Seller's Market.
Housing Prices in Largo, FL
How much do homes in Largo, FL cost?
Median Sold Price
$339,807
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Largo was $339,807 in June 2024, up 1.5% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | $142.5K | -9.2% |
2 Bedrooms | $250K | $240.8K | -3.7% |
3 Bedrooms | $412.1K | $411K | -0.3% |
4 Bedrooms | $520K | $565K | +8.7% |
5+ Bedrooms | $750K | $674.7K | -10.0% |
Summary: Largo housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
Belleair Bluffs | $350K | $438.5K | +25.3% |
Belleair | $595K | $635K | +6.7% |
Pinellas Park | $317.1K | $326.7K | +3.0% |
Largo | $334.7K | $339.8K | +1.5% |
Clearwater | $353.2K | $357.7K | +1.2% |
Housing Supply in Largo, FL
How many homes are available in Largo, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
675 | 667 | -1.2% |
Summary: The Largo real estate market had 667 homes for sale in June 2024, a 1.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 48 | 55 | +14.6% |
2 Bedrooms | 238 | 222 | -6.7% |
3 Bedrooms | 282 | 289 | +2.5% |
4 Bedrooms | 89 | 85 | -4.5% |
5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Largo housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
141 | 113 | -19.9% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 113 homes were sold or pending in Largo in June 2024, down by 19.9% month-over-month. Of the 113 sold homes, 67% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Largo, FL
How long does it take to sell a home in Largo, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 52 Days | +94.4% |
Summary: Homes in Largo had an average of 52 days on market in Jun 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During June 2024, 113 homes were sold in Largo; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.