Pelican Bay, FL
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
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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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