Is Rotonda West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Rotonda West was a Seller's Market.
Housing Prices in Rotonda West, FL
How much do homes in Rotonda West, FL cost?
Median Sold Price
$410,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Rotonda West was $410,000 in June 2024, down 8.9% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $161.9K | $148K | -8.6% |
2 Bedrooms | $274K | $260K | -5.1% |
3 Bedrooms | $469K | $429.4K | -8.4% |
4 Bedrooms | $476.2K | $422.4K | -11.3% |
5+ Bedrooms | $664.5K | $560K | -15.7% |
Summary: Rotonda West housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
Placida | $700K | $780K | +11.4% |
Grove City-Rotonda | $399.9K | $385K | -3.7% |
Rotonda West | $449.9K | $410K | -8.9% |
Housing Supply in Rotonda West, FL
How many homes are available in Rotonda West, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
356 | 366 | +2.8% |
Summary: The Rotonda West real estate market had 366 homes for sale in June 2024, a 2.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 48 | 52 | +8.3% |
3 Bedrooms | 245 | 250 | +2.0% |
4 Bedrooms | 54 | 56 | +3.7% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Rotonda West housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
45 | 39 | -13.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Rotonda West in June 2024, down by 13.3% month-over-month. Of the 39 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.
Days on Market for Rotonda West, FL
How long does it take to sell a home in Rotonda West, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
37 Days | 97 Days | +157.2% |
Summary: Homes in Rotonda West had an average of 97 days on market in Jun 2024, up by 157.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During June 2024, 39 homes were sold in Rotonda West; 21% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.