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Palm Island Estates Home Values and Market Report

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Report prepared by Floridahomeandland.com EXP REALY LLC

Market at a glance

Over the last 12 months, homes sold for 92.0% of list price in 215 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $900K Sold · $820K
$2.5M$1.9M$1.3M$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in Jun. Last month: 1.

Where the market stands

All homes in this report, by status.

49homes
Active28 · 57%
Under contract2 · 4%
Sold (12 mo)19 · 39%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.25M
Under contract$846K
Sold$1.16M

Average days on market

Active270 days
Under contract212 days
Sold215 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 28
Average list price $1,251,175
Avg. days on market 270 days
Avg. price per ft² $775 Based on 21 of 28 homes
Avg. living area 1,925 ft² Based on 21 of 28 homes
Avg. beds / baths 2.9 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 21 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

7 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

131 S Gulf Boulevard$1,087
97 Kettle Harbor Drive$1,024
440 Bocilla Drive$966
21 Bocilla Drive$882
221 N Gulf Boulevard Unit A$871
310 Kettle Harbor Drive$848
90 N Gulf Boulevard$846

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
301 S Gulf Boulevard Unit 25Placida, FL 33946 231,347$925,000$6868 days
351 Bocilla DrivePlacida, FL 33946 ———$299,000—14 days
59 Bayshore CirclePlacida, FL 33946 ———$629,900—15 days
36 Lemon Bay LanePlacida, FL 33946 444,356$3,490,000$80121 days
61 Palm DrivePlacida, FL 33946 ———$350,000—41 days
63 Palm DrivePlacida, FL 33946 443,294$2,495,000$75741 days
310 Kettle Harbor DrivePlacida, FL 33946 221,120$950,000$84847 days
550 N Gulf BoulevardPlacida, FL 33946 322,517$1,699,000$675114 days
97 Kettle Harbor DrivePlacida, FL 33946 221,264$1,295,000$1,024117 days
81 N Gulf BoulevardPlacida, FL 33946 353,465$1,975,000$569187 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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