Is Lady Lake, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lady Lake has remained a Seller's Market.
Housing Prices in Lady Lake, FL
How much do homes in Lady Lake, FL cost?
Median Sold Price
$309,582
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lady Lake was $309,582 in April 2024, down 2.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190.5K | $225.9K | +18.6% |
2 Bedrooms | $290K | $260.6K | -10.1% |
3 Bedrooms | $364.9K | $359.6K | -1.4% |
4 Bedrooms | $363.5K | $450K | +23.8% |
5+ Bedrooms | $500K | $498.4K | -0.3% |
Summary: Lady Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.6%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
Fruitland Park | $320K | $340K | +6.3% |
Lady Lake | $317K | $309.5K | -2.3% |
Summerfield | $288.1K | $269.9K | -6.3% |
Fruitland Park-Lady Lake | $319.5K | $289.7K | -9.3% |
Weirsdale | $450K | $364.5K | -19.0% |
Housing Supply in Lady Lake, FL
How many homes are available in Lady Lake, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
255 | 251 | -1.6% |
Summary: The Lady Lake real estate market had 251 homes for sale in April 2024, a 1.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 104 | 108 | +3.8% |
3 Bedrooms | 119 | 113 | -5.0% |
4 Bedrooms | 24 | 24 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lady Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 51 | -13.6% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Lady Lake in April 2024, down by 13.6% month-over-month. Of the 51 sold homes, 63% were sold under asking, 18% were sold at asking, and 20% were sold over asking.
Days on Market for Lady Lake, FL
How long does it take to sell a home in Lady Lake, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 39 Days | -23.2% |
Summary: Homes in Lady Lake had an average of 39 days on market in Apr 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 51 homes were sold in Lady Lake; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.