Is Largo, 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, Largo has remained a Seller's Market.
Housing Prices in Largo, FL
How much do homes in Largo, FL cost?
Median Sold Price
$331,722
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Largo was $331,722 in April 2024, down 2.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $149.5K | -3.5% |
2 Bedrooms | $255K | $240K | -5.9% |
3 Bedrooms | $414.9K | $410K | -1.2% |
4 Bedrooms | $520K | $562.9K | +8.3% |
5+ Bedrooms | $720K | $632.5K | -12.2% |
Summary: Largo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 12.2%.
Median Sold Price Compared To Nearby Cities
Belleair Bluffs | $360K | $396K | +10.0% |
Pinellas Park | $320K | $320K | 0.0% |
Largo | $340K | $331.7K | -2.4% |
Clearwater | $363.3K | $353.7K | -2.6% |
Belleair | $645K | $625K | -3.1% |
Housing Supply in Largo, FL
How many homes are available in Largo, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
765 | 784 | +2.5% |
Summary: The Largo real estate market had 784 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 58 | 61 | +5.2% |
2 Bedrooms | 343 | 333 | -2.9% |
3 Bedrooms | 246 | 272 | +10.6% |
4 Bedrooms | 92 | 95 | +3.3% |
5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Largo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
159 | 170 | +6.9% |
Asking Price vs. Sold Price
124 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 170 homes were sold or pending in Largo in April 2024, up by 6.9% month-over-month. Of the 170 sold homes, 73% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Largo, FL
How long does it take to sell a home in Largo, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 57 Days | +96.2% |
Summary: Homes in Largo had an average of 57 days on market in Apr 2024, up by 96.2% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Summary: During April 2024, 170 homes were sold in Largo; 52% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.