Is Placida, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$839,000
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Placida have sold for 21.6% more than they did a year ago.
Summary: The median home sold price in Placida was $839,000 in April 2024, up 21.6% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.3M | $947K | -27.2% |
| 2 Bedrooms | $560K | $588.5K | +5.1% |
| 3 Bedrooms | $694.5K | $840K | +21.0% |
| 4 Bedrooms | $975K | $950K | -2.6% |
| 5+ Bedrooms | $8.6M | $6.0M | -29.5% |
Summary: Placida housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 21%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
| Placida | $690K | $839K | +21.6% |
| Grove City-Rotonda | $409.9K | $386.5K | -5.7% |
| Rotonda West | $455K | $415K | -8.8% |
| Boca Grande | $3.9M | $3.2M | -16.6% |
Housing Supply in Placida, FL
How many homes are available in Placida, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 175 | 177 | +1.1% |
Summary: The Placida real estate market had 177 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 48 | 47 | -2.1% |
| 3 Bedrooms | 101 | 106 | +5.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Placida housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Placida, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Placida in April 2024, up by 16.7% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 63 Days | +97.5% |
Summary: Homes in Placida had an average of 63 days on market in Apr 2024, up by 97.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Placida are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Placida; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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