Is Lake Clarke Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lake Clarke Shores was a Seller's Market.
Housing Prices in Lake Clarke Shores, FL
How much do homes in Lake Clarke Shores, FL cost?
Median Sold Price
$673,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Clarke Shores was $673,000 in April 2024, up 13.1% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $329K | $365K | +10.9% |
3 Bedrooms | $585K | $670K | +14.5% |
4 Bedrooms | $733.7K | $724.5K | -1.3% |
5+ Bedrooms | $606.7K | - | N/A |
Summary: Lake Clarke Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lake Clarke Shores | $595K | $673K | +13.1% |
Lake Worth | $418.7K | $451.2K | +7.8% |
West Palm Beach | $374.8K | $386.2K | +3.1% |
Housing Supply in Lake Clarke Shores, FL
How many homes are available in Lake Clarke Shores, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Summary: The Lake Clarke Shores real estate market had 27 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Clarke Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lake Clarke Shores in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Clarke Shores, FL
How long does it take to sell a home in Lake Clarke Shores, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 46 Days | +165.4% |
Summary: Homes in Lake Clarke Shores had an average of 46 days on market in Apr 2024, up by 165.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lake Clarke Shores; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.