Pelican Bay, FL

Buyer's market-39.2% YoY

Housing market overview · Updated weekly

$1.55Mmedian sale price

Homes sold

42

Last 12 weeks

Days on market

64

Average pace

Active listings

192

4.6 months supply

Sale-to-list

93.4%

Below asking

The Pelican Bay housing market is currently classified as a buyer's market with a median sale price of $1.55M. Prices have fallen 39.2% compared to last year, with homes spending an average of 64 days on market, indicating 4.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Pelican Bay

There are currently 192 homes listed for sale in Pelican Bay, Florida. The median listing price is $1.5M.

Active listings

192

Homes on market

Median list price

$1.5M

Avg. days on market

64

Days until sale

New this week

44

Newly listed

Price drops:37.0%of listings
Sale-to-list:93.4%

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Frequently asked questions

What is the average home price in Pelican Bay?

The median home sale price in Pelican Bay is $1.55M, down 39.2% from last year.

How long do homes stay on market in Pelican Bay?

Homes typically spend 64 days on market before going under contract.

Is Pelican Bay a buyer's or seller's market?

With 4.6 months of supply, Pelican Bay is currently a buyer's market.

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