$2,995,000
3,222 SqFt
3 Beds
•3 Full Baths
Robin Leech, Listing Office: Robinson Leech Real Estate
Is Lakeville, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lakeville has remained a Seller's Market.
Key Takeaway
Lakeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lakeville, CT
How much do homes in Lakeville, CT cost?
Median Sold Price
$882,500
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,500(-1.5%)
Key Takeaway
Homes in Lakeville have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Lakeville was $882,500 in November 2024, down 1.5% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $449K | $477.5K | +6.3% |
| 3 Bedrooms | $770K | $750K | -2.6% |
| 4 Bedrooms | $1.2M | $1.1M | -9.1% |
| 5+ Bedrooms | $2.0M | $2.2M | +5.7% |
Summary: Lakeville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Salisbury | $896K | $925K | +3.2% |
| North East | $442.5K | $447K | +1.0% |
| Lakeville | $896K | $882.5K | -1.5% |
| Sharon | $610K | $587.5K | -3.7% |
Housing Supply in Lakeville, CT
How many homes are available in Lakeville, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Lakeville real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lakeville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lakeville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lakeville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lakeville, CT
We’re sorry, we don't have information for this market at the moment
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