Is PGA National, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, PGA National was a Seller's Market.
Key Takeaway
PGA National 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 PGA National, FL
How much do homes in PGA National, FL cost?
Median Sold Price
$585,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in PGA National have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in PGA National was $585,000 in March 2024, up 4.5% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $211K | +11.1% |
| 2 Bedrooms | $425K | $444.5K | +4.6% |
| 3 Bedrooms | $675K | $632.5K | -6.3% |
| 4 Bedrooms | $1.0M | $1.0M | 0.0% |
| 5+ Bedrooms | $1.5M | $1.4M | -9.1% |
Summary: PGA National housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Neighborhoods
| BallenIsles | $1.0M | $1.2M | +28.5% |
| Mirasol | $1.1M | $1.4M | +24.4% |
| PGA National | $560K | $585K | +4.5% |
Housing Supply in PGA National, FL
How many homes are available in PGA National, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 174 | 182 | +4.6% |
Summary: The PGA National real estate market had 182 homes for sale in March 2024, a 4.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 65 | 66 | +1.5% |
| 3 Bedrooms | 78 | 83 | +6.4% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The PGA National housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in PGA National, you may be able to get a good deal. 88.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in PGA National in March 2024, up by 23.8% month-over-month. Of the 26 sold homes, 88% were sold under asking, 8% were sold at asking, and 4% were sold over asking.
Days on Market for PGA National, FL
How long does it take to sell a home in PGA National, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 67 Days | +12.6% |
Summary: Homes in PGA National had an average of 67 days on market in Mar 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in PGA National has remained consistent over time.
Summary: During March 2024, 26 homes were sold in PGA National; 35% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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