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Housing in Pelican Bay

344 homes sold in Pelican Bay in the last year, at a typical $1.6M

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pelican Bay homes are listed.

Homes sold
344
October 2025 to September 2026
Typical sale price
$1.6M
houses $2.6M · condos $1.3M (year to May 2026)
Price per square foot
$754
Florida $243
Paid vs. asking
93.5%
2% sold over asking
For sale now
104
September 2026 · 24 sold that month
What sold · last 12 months

Three quarters of Pelican Bay’s sales are condos, at $1.3M less than a house

75 houses and 232 condos sold in the year to May 2026. Condos sell faster.

Houses$2.6M

typical sale · 75 sold in the year to May 2026

Per square foot
$968FL $245
Days to sell
95
Sold over asking
1%
Listings with a price cut
23%
Condos$1.3M

typical sale · 232 sold in the year to May 2026

Per square foot
$662FL $262
Days to sell
89
Sold over asking
2%
Listings with a price cut
20%
12 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

344 sales in the last year, against 565 in 2021 and a low of 253 in 2024. The typical sale went from $896K in 2016 to $1.6M.

Homes soldTypical sale price
0150300450600$975K$1.3M$1.5M$1.8M2014: 375 sold, typical $791K’142015: 366 sold, typical $842K2016: 291 sold, typical $896K’162017: 317 sold, typical $847K2018: 325 sold, typical $919K’182019: 298 sold, typical $1.1M2020: 403 sold, typical $1M’202021: 565 sold, typical $1.1M2022: 284 sold, typical $1.6M’222023: 279 sold, typical $1.4M2024: 253 sold, typical $1.4M’242025: 306 sold, typical $1.6MLast 12 months: 344 sold, typical $1.6MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $1.6M buys in Pelican Bay

Houseat $968 a sq ft, year to May 2026
Condoat $662 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Pelican Bay homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Pelican Bay are back to pre-pandemic levels, with about as many homes for sale

We read every month of Pelican Bay’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 344 sales.

If you’re buying in Pelican Bay

  • Shop in February. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • Offer under asking. Buyers paid 93.5% of the list price on average; 2% paid over.
  • You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 82 days.
Best time to buy

Winter brings the homes; spring brings the bidding wars

January has the most new listings (about 62 a month), but April is the most competitive: 10% of April sales close over asking. August has the least competition (4%) but only about 19 new listings.

New listings a monthShare sold over asking
016.332.548.8657%13%20%Sweet spotJan: 62 new listings a month, 9% sold over asking, 68 days to sellJFeb: 54 new listings a month, 7% sold over asking, 70 days to sellFMar: 50 new listings a month, 9% sold over asking, 76 days to sellMApr: 38 new listings a month, 10% sold over asking, 58 days to sellAMay: 22 new listings a month, 10% sold over asking, 60 days to sellMJun: 21 new listings a month, 10% sold over asking, 76 days to sellJJul: 17 new listings a month, 7% sold over asking, 88 days to sellJAug: 19 new listings a month, 4% sold over asking, 105 days to sellASep: 26 new listings a month, 7% sold over asking, 100 days to sellSOct: 45 new listings a month, 6% sold over asking, 95 days to sellONov: 39 new listings a month, 9% sold over asking, 67 days to sellNDec: 32 new listings a month, 7% sold over asking, 65 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Florida

Pelican Bay now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price2%1%18%9%
Gone within two weeksShare of homes under contract within 14 days14%19%45%21%
Price paid vs. askingAverage sale price ÷ list price93.5%94.6%97.4%96.4%
Days to sellMedian days from listing to contract82924275
Supply

158 homes for sale on a typical day

That’s 4.2 times the 2022 low (38) and about the 2017–19 level.

2014: 135 for sale’142015: 131 for sale2016: 183 for sale2017: 148 for sale’172018: 157 for sale2019: 193 for sale2020: 157 for sale’202021: 43 for sale2022: 38 for sale2023: 108 for sale’232024: 178 for sale2025: 198 for saleLast 12 months: 158 for saleNow
Prices by type

Since 2019, houses are up 64%, condos 44%

A house typically sold for $2.6M in the year to May 2026 (75 sales), a condo for $1.3M (232).

$1.5M$2.5M$3.4M$4.4M2013201520172019202120232025NowHouses 2013: $1M, 47 salesHouses 2014: $1.2M, 79 salesHouses 2015: $1.6M, 87 salesHouses 2016: $1.3M, 68 salesHouses 2017: $1.5M, 64 salesHouses 2018: $1.6M, 77 salesHouses 2019: $1.6M, 65 salesHouses 2020: $2.1M, 104 salesHouses 2021: $2.5M, 100 salesHouses 2022: $4.2M, 44 salesHouses 2023: $2.6M, 43 salesHouses 2024: $3M, 40 salesHouses 2025: $2.8M, 75 salesHouses last 12 months: $2.6M, 75 salesHouses $2.6MCondos 2013: $606K, 196 salesCondos 2014: $706K, 294 salesCondos 2015: $727K, 278 salesCondos 2016: $737K, 220 salesCondos 2017: $746K, 253 salesCondos 2018: $708K, 247 salesCondos 2019: $927K, 231 salesCondos 2020: $810K, 300 salesCondos 2021: $908K, 463 salesCondos 2022: $1.3M, 238 salesCondos 2023: $1.3M, 235 salesCondos 2024: $1.4M, 212 salesCondos 2025: $1.3M, 230 salesCondos last 12 months: $1.3M, 232 salesCondos $1.3M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Pelican Bay ranks 514th of 542 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Pelican Bay is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pelican Bay home costs about $9,349 a month

Mortgage
Property tax
Insurance
Rent

Price: Pelican Bay’s typical sale, last 12 months. Property tax at Pelican Bay’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pelican Bay is affordable on local pay is on Cost of living.

Before you buy in Pelican Bay

Six things worth knowing

62

New listings in January

The month with the most choice. July has the fewest, about 17.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.6M home, about $11,200 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Pelican Bay, from test results, graduation and how much students grow.

Schools in Pelican Bay
19 min

Typical commute

The average one-way trip to work for people who live in Pelican Bay.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Naples Park, Pelican Marsh, Vineyards, Island Walk and Berkshire Lakes sell for less a square foot

The busier markets within 25 miles of Pelican Bay, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Naples1,218$1.3M$7633%101
Pelican Bay344$1.6M$7542%82
Vineyards156$692K$3091%94
Naples Park142$830K$5243%92
Pelican Marsh134$1M$4790%80
Island Walk117$541K$2991%69
Berkshire Lakes86$345K$2387%59

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pelican Bay, free

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Questions about buying a home in Pelican Bay

What do homes sell for in Pelican Bay, FL?

344 homes sold in the year to September 2026 at a typical $1.6M, $754 a square foot. Houses sold for about $2.6M, condos for about $1.3M in the year to May 2026.

Is Pelican Bay a buyer’s or seller’s market?

A balanced market: 104 homes were for sale in September 2026 and 24 sold, about 4.3 months of supply. Buyers paid 93.5% of asking on average.

When is the best time to buy in Pelican Bay?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pelican Bay?

About 0.7% of a home’s value a year. On a $1.6M home that’s near $11,200.

Where can I see homes for sale in Pelican Bay?

Zillow, Redfin, Realtor.com and Homes.com all carry Pelican Bay’s MLS listings; the search links above open each one filtered to Pelican Bay.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).