Is Perdido Key, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Perdido Key has remained a Buyer's Market.
Housing Prices in Perdido Key, FL
How much do homes in Perdido Key, FL cost?
Median Sold Price
$755,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Perdido Key was $755,000 in April 2024, up 8.6% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $423.2K | +19.2% |
2 Bedrooms | $585K | $532.5K | -9.0% |
3 Bedrooms | $710K | $808.7K | +13.9% |
4 Bedrooms | $1.0M | $1.3M | +30.0% |
5+ Bedrooms | $2.4M | $2.7M | +15.3% |
Summary: Perdido Key housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in Perdido Key, FL
How many homes are available in Perdido Key, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 108 | +13.7% |
Summary: The Perdido Key real estate market had 108 homes for sale in April 2024, a 13.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 30 | 29 | -3.3% |
3 Bedrooms | 35 | 41 | +17.1% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Perdido Key housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Perdido Key in April 2024, up by 7.7% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Perdido Key, FL
How long does it take to sell a home in Perdido Key, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 52 Days | -36.2% |
Summary: Homes in Perdido Key had an average of 52 days on market in Apr 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Perdido Key; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.