Is Placida, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Placida is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Placida was a Seller's Market.

Key Takeaway

Placida is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Placida, FL

How much do homes in Placida, FL cost?

Median Sold Price

$837,000

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$147,000(+21.3%)

Key Takeaway

Homes in Placida have sold for 21.3% more than they did a year ago.

Summary: The median home sold price in Placida was $837,000 in March 2024, up 21.3% from last year, and the median price per square foot was $416.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $1.3M$649K
-50.1%
2 $577.5K$571.7K
-1.0%
3 $702.7K$840K
+19.5%
4 $1.0M$950K
-10.6%
5+ $2.2M$15.0M
+581.8%

Summary: Placida housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.1%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 19.5%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 581.8%.

Median Sold Price Compared To Nearby Cities

Placida
+21.3%
Rotonda West
-7.1%
Grove City-Rotonda
-9.1%
Boca Grande
-12.3%

Housing Supply in Placida, FL

How many homes are available in Placida, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
171181+5.8%

Summary: The Placida real estate market had 181 homes for sale in March 2024, a 5.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 4249
+16.7%
3 102105
+2.9%
4 1718
+5.9%
5+ 43
-25.0%

Summary: The Placida housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12120.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Placida, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Placida in March 2024, the same as the previous 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 Placida, FL

How long does it take to sell a home in Placida, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days43 Days-21.0%

Summary: Homes in Placida had an average of 43 days on market in Mar 2024, down by 21% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Placida are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in Placida; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

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