Is Perico Island, 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, Perico Island has remained a Seller's Market.
Housing Prices in Perico Island, FL
How much do homes in Perico Island, FL cost?
Median Sold Price
$650,000
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Perico Island was $650,000 in April 2024, down 7.1% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $510K | $480K | -5.9% |
3 Bedrooms | $982K | $872.5K | -11.2% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Perico Island 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 11.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Perico Bay Club | $501.2K | $480K | -4.2% |
Perico Island | $700K | $650K | -7.1% |
Housing Supply in Perico Island, FL
How many homes are available in Perico Island, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 80 | +1.3% |
Summary: The Perico Island real estate market had 80 homes for sale in April 2024, a 1.3% 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 | 35 | 39 | +11.4% |
3 Bedrooms | 42 | 39 | -7.1% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Perico Island 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 11.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 22 | +266.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Perico Island in April 2024, up by 266.7% month-over-month. Of the 22 sold homes, 91% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for Perico Island, FL
How long does it take to sell a home in Perico Island, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 89 Days | +38.9% |
Summary: Homes in Perico Island had an average of 89 days on market in Apr 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Perico Island; 18% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.