The Pelican Bay housing market is not very competitive. The median sale price of a home in Pelican Bay was $1.3M last month, down 13.0% since last year. The median sale price per square foot in Pelican Bay is $1.09K, up 21.3% since last year.
What is the housing market like in Pelican Bay today?
In October 2024, Pelican Bay home prices were down 13.0% compared to last year, selling for a median price of $1.3M. On average, homes in Pelican Bay sell after 147 days on the market compared to 40 days last year. There were 9 homes sold in October this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,300,000
-13.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Pelican Bay, FL
$1,300,000
-13.0%
United States
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How hot is the Pelican Bay housing market?
Pelican Bay is not very competitive. Homes sell in 150 days.
0
100
3
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 150 days.
Hot homes
can sell for about 2% below list price and go pending in around 73 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Pelican Bay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pelican Bay.
Flood Factor - Moderate
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pelican Bay has a moderate risk of flooding. 807 properties in Pelican Bay are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Pelican Bay. Flood risk is increasing faster than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pelican Bay has a moderate risk of wildfire. There are 50 properties in Pelican Bay that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Pelican Bay.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Pelican Bay has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pelican Bay is most at risk from hurricanes. 1,375 properties in Pelican Bay have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 172 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.