Is Pecan Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pecan Park was a Seller's Market.
Key Takeaway
Pecan Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pecan Park, FL
How much do homes in Pecan Park, FL cost?
Median Sold Price
$377,817
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Pecan Park has remained the same since last year.
Summary: The median home sold price in Pecan Park was $377,817 in April 2024, up 0.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206.5K | $194.5K | -5.8% |
| 3 Bedrooms | $350K | $354.9K | +1.4% |
| 4 Bedrooms | $392K | $385K | -1.8% |
| 5+ Bedrooms | $463.7K | $460.5K | -0.7% |
Summary: Pecan 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 5.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| North Creek | $392.5K | $425K | +8.3% |
| Pecan Park | $377K | $377.8K | 0.2% |
Housing Supply in Pecan Park, FL
How many homes are available in Pecan Park, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The Pecan Park real estate market had 45 homes for sale in April 2024, a 9.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pecan 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 8.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pecan Park, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pecan Park in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Pecan Park, FL
How long does it take to sell a home in Pecan Park, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 55 Days | +22.5% |
Summary: Homes in Pecan Park had an average of 55 days on market in Apr 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pecan Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Pecan Park; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
