$3,907 Closing Credit*
$329,000
1,450 SqFt
3 Beds
•2 Full Baths
Paula Studzinski, Listing Office: Bayview Realty of Florida
Is Berkshire Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Berkshire Lakes was a Seller's Market.
Key Takeaway
Berkshire Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berkshire Lakes, FL
How much do homes in Berkshire Lakes, FL cost?
Median Sold Price
$354,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,500(-0.4%)
Key Takeaway
The sold price of homes in Berkshire Lakes has remained the same since last year.
Summary: The median home sold price in Berkshire Lakes was $354,000 in November 2024, down 0.4% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $321.2K | $319.6K | -0.5% |
| 3 Bedrooms | $516K | $430K | -16.7% |
| 4 Bedrooms | $805K | $908.5K | +12.9% |
| 5+ Bedrooms | - | $650K | N/A |
Summary: Berkshire Lakes 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 decreased by 0.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes did not change.
Housing Supply in Berkshire Lakes, FL
How many homes are available in Berkshire Lakes, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 46 | +27.8% |
Summary: The Berkshire Lakes real estate market had 46 homes for sale in November 2024, a 27.8% increase 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 | 13 | 16 | +23.1% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berkshire Lakes 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 increased by 23.1%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkshire Lakes, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Berkshire Lakes in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Berkshire Lakes, FL
How long does it take to sell a home in Berkshire Lakes, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 48 Days | +51.6% |
Summary: Homes in Berkshire Lakes had an average of 48 days on market in Nov 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berkshire Lakes are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Berkshire Lakes; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.