Is Rotonda West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$410,634
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rotonda West was $410,634 in May 2024, down 8.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162.4K | $151K | -7.0% |
2 Bedrooms | $290K | $255.2K | -12.0% |
3 Bedrooms | $469K | $439.9K | -6.2% |
4 Bedrooms | $495K | $416.7K | -15.8% |
5+ Bedrooms | $664.5K | $560K | -15.7% |
Summary: Rotonda West housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
Placida | $685K | $835K | +21.9% |
Grove City-Rotonda | $404.7K | $384.9K | -4.9% |
Rotonda West | $450.3K | $410.6K | -8.8% |
Housing Supply in Rotonda West, FL
How many homes are available in Rotonda West, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
386 | 382 | -1.0% |
Summary: The Rotonda West real estate market had 382 homes for sale in May 2024, a 1.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 49 | 49 | 0.0% |
3 Bedrooms | 277 | 268 | -3.2% |
4 Bedrooms | 49 | 52 | +6.1% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Rotonda West housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 43 | -10.4% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Rotonda West in May 2024, down by 10.4% month-over-month. Of the 43 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 94 Days | +119.9% |
Summary: Homes in Rotonda West had an average of 94 days on market in May 2024, up by 119.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Rotonda West; 35% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.