PELICAN BAY Q1 2026 MARKET REPORT

MEDIAN PRICE and SALES
The median price of the small number of Single Family sales in Q1 2026 increased 10% from a year ago, but remained well below the levels of 2022-24.
The median Villa price, also on a small number of sales, increased 23% from Q1 2025 to the highest level since Q2 2024.
The largest numbers of sales in Pelican Bay are Condos and the median price dropped 2% from Q1 2025,but otherwise was the highest since Q1 2023

As a seasonal market, sales prices in general are higher in the first half than in the second half of the year.

INVENTORY
Both the absolute number of properties for sale and the months of inventory have returned to pre-COVID levels.

SALE PRICE to LIST PRICE
The Sale Price to List Price (at the time of sale – green line) ratio has dropped only slightly, from around 95% pre-Covid. The ratio to the Original List Price (blue line) has recovered from the 2025 lows, suggesting that sellers are being more realistic in their pricing.

PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
After the 2019 to 2022 spike, the PSF has dropped, although it can fluctuate quarter to quarter. The pace of sales has returned to pre-COVID levels.