Market report, updated October 6, 2026

Terrace Home Values and Market Report

Search in the subdivision of Terrace

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Report prepared by localrealestateonline.com Coldwell Banker Realty

+1(614)983-3277

Market at a glance

Over the last 12 months, homes sold for 93.5% of list price in 123 days on average.

Average price, last 12 months

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

List · $247K Sold · $232K

$540K$410K$280K$150K

OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

3 O

6 N

4 D

7 J

11 F

16 M

9 A

11 M

8 J

5 J

3 A

8 S

Peak: 16 sales in Mar. Last month: 8.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

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

4.1months of inventory

Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$447K

Under contract$482K

Sold$304K

Average days on market

Active143 days

Under contract137 days

Sold123 days

Browse homes by status

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

Active homes

Currently for sale

Homes for sale 30

Average list price $446,533

Avg. days on market 143 days

Avg. price per ft² $358

Avg. living area 1,134 ft²

Avg. beds / baths 1.9 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address.

$6M$4M$2M$0

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

4 0–30 days

8 31–90

13 91–180

4 181–365

1 365+

Bedroom mix

Number of homes by bedroom count.

30 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

5400 Ocean Boulevard Unit 15 1-4$1,684

5400 Ocean Boulevard Unit 17-04$1,313

5400 Ocean Boulevard Unit 8-05$1,206

5400 Ocean Boulevard Unit 9-4$941

10337 Heritage Bay Boulevard Unit 1843$292

12621 Kelly Sands Way Unit 307$260

10391 Butterfly Palm Drive Unit 1021$254

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
5400 Ocean Boulevard Unit 15 1-4Siesta Key, FL 34242	2	3	2,374	$4,000,000	$1,684	75 days
5400 Ocean Boulevard Unit 17-04Siesta Key, FL 34242	2	2	1,187	$1,559,000	$1,313	96 days
5400 Ocean Boulevard Unit 9-4Siesta Key, FL 34242	1	1	928	$874,000	$941	357 days
5400 Ocean Boulevard Unit 8-05Siesta Key, FL 34242	1	1	522	$630,000	$1,206	327 days
10391 Butterfly Palm Drive Unit 1021Fort Myers, FL 33966	2	2	1,408	$359,000	$254	35 days
10337 Heritage Bay Boulevard Unit 1843Naples, FL 34120	2	2	1,194	$349,000	$292	219 days
10350 Washingtonia Palm Way Unit 4232Fort Myers, FL 33966	2	2	1,232	$305,000	$247	105 days
10285 Heritage Bay Boulevard Unit 817Naples, FL 34120	2	2	1,232	$299,900	$243	67 days
10265 Heritage Bay Boulevard Unit 615Naples, FL 34120	2	2	1,194	$299,000	$250	173 days
8680 Cedar Hammock Circle Unit 134Naples, FL 34112	2	2	1,194	$298,000	$249	26 days

Under contract homes

Pending and contingent sales

Homes under contract 6

Average list price $482,000

Avg. days on market 137 days

Avg. price per ft² $448

Avg. living area 1,174 ft²

Avg. beds / baths 1.8 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address.

$1.5M$1M$500K$0

0 ft²5001,0001,500 ft²

Days on market before going under contract

Number of homes by days on market.

2 0–30 days

1 31–90

0 91–180

3 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

6 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 6 homes in this status.

5400 Ocean Boulevard Unit 5-3$1,395

10349 Heritage Bay Boulevard Unit 2111$284

10275 Heritage Bay Boulevard Unit 746$275

10345 Heritage Bay Boulevard Unit 2033$267

10275 Heritage Bay Boulevard Unit 744$259

11170 Caravel Circle Unit 309$208

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
5400 Ocean Boulevard Unit 5-3Siesta Key, FL 34242	1	2	928	$1,295,000	$1,395	306 days
10349 Heritage Bay Boulevard Unit 2111Naples, FL 34120	2	2	1,408	$400,000	$284	11 days
10275 Heritage Bay Boulevard Unit 746Naples, FL 34120	2	2	1,232	$339,000	$275	19 days
10345 Heritage Bay Boulevard Unit 2033Naples, FL 34120	2	2	1,232	$329,000	$267	42 days
10275 Heritage Bay Boulevard Unit 744Naples, FL 34120	2	2	1,194	$310,000	$259	231 days
11170 Caravel Circle Unit 309Fort Myers, FL 33908	2	2	1,050	$219,000	$208	211 days

Sold homes

Closed in the last 12 months

Homes sold 91

Average sold price $303,544

Avg. days to sell 123 days

Sold vs. list price 93.5%

Avg. price per ft² $245

Avg. living area 1,158 ft²

Price vs. living area

Each dot is a home. Hover a dot for its address.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

0 ft²5001,0001,500 ft²

How long homes took to sell

Number of homes by days on market.

14 0–30 days

25 31–90

34 91–180

17 181–365

1 365+

Bedroom mix

Number of homes by bedroom count.

91 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

5400 Ocean Boulevard Unit 12-2$1,516

5400 Ocean Boulevard Unit 8-04$969

5400 Ocean Boulevard Unit 6-4$926

10265 Heritage Bay Boulevard Unit 632$304

10345 Heritage Bay Boulevard Unit 2044$288

10460 Washingtonia Palm Way Unit 1332$282

10317 Heritage Bay Boulevard Unit 1418$280

Sold price vs. list price

How close homes sold to their asking price.

5% sold at or above asking

56 Under 95%

27 95–98%

3 98–100%

5 100–102%

0 Over 102%

All sold listings

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
5400 Ocean Boulevard Unit 12-2Siesta Key, FL 34242	3	3	2,374	$3,600,000	90.0%	$1,516	92 days
5400 Ocean Boulevard Unit 6-4Siesta Key, FL 34242	2	2	1,187	$1,100,000	88.0%	$926	265 days
5400 Ocean Boulevard Unit 8-04Siesta Key, FL 34242	1	1	928	$900,000	100.0%	$969	70 days
10317 Heritage Bay Boulevard Unit 1418Naples, FL 34120	2	2	1,408	$395,000	95.3%	$280	171 days
10295 Heritage Bay Boulevard Unit 921Naples, FL 34120	2	2	1,408	$390,000	97.5%	$276	0 days
10265 Heritage Bay Boulevard Unit 632Naples, FL 34120	2	2	1,232	$375,000	93.8%	$304	145 days
10313 Heritage Bay Boulevard Unit 1328Naples, FL 34120	2	2	1,408	$375,000	88.3%	$266	39 days
10265 Heritage Bay Boulevard Unit 618Naples, FL 34120	2	2	1,408	$370,000	92.5%	$262	60 days
10295 Heritage Bay Boulevard Unit 911Naples, FL 34120	2	2	1,408	$365,000	91.7%	$259	268 days
10345 Heritage Bay Boulevard Unit 2044Naples, FL 34120	2	2	1,194	$345,000	98.6%	$288	162 days

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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