Is Largo Central Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Largo Central Park is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Largo Central Park has remained a Seller's Market.

Key Takeaway

Largo Central Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Largo Central Park, FL

How much do homes in Largo Central Park, FL cost?

Median Sold Price

$190,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,000(-7.3%)

Key Takeaway

Homes in Largo Central Park have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Largo Central Park was $190,000 in April 2024, down 7.3% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $186K$175K
-5.9%
3 $390.5K$273.7K
-29.9%
4 $421K$475K
+12.8%
5+ --
N/A

Summary: Largo Central Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 29.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Downtown Largo
-2.3%
Largo Central Park
-7.3%
East Bay Country Club
-8.7%

Housing Supply in Largo Central Park, FL

How many homes are available in Largo Central Park, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
39+200.0%

Summary: The Largo Central Park real estate market had 9 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 02
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Largo Central Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Largo Central Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Largo Central Park in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Largo Central Park, FL

How long does it take to sell a home in Largo Central Park, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days108 Days+1100.0%

Summary: Homes in Largo Central Park had an average of 108 days on market in Apr 2024, up by 1100% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Largo Central Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Largo Central Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Largo Central Park, FL

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