$4,619 Closing Credit*
$389,000
1,312 SqFt
3 Beds
•2 Full Baths
Lisa Lagergren, Listing Office: John R Wood Properties
Is Berkshire Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Berkshire Lakes was a Neutral 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
$567,000
$277/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$228,750(+67.6%)
Key Takeaway
Homes in Berkshire Lakes have sold for 67.6% more than they did a month ago.
Summary: The median home sold price in Berkshire Lakes was $567,000 in October 2024, up 67.6% from last month, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $343.2K | - | N/A |
| 3 Bedrooms | $331.2K | $567K | +71.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Berkshire Lakes housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 71.2%, 4 bedroom homes did not change, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 40 | +2.6% |
Summary: The Berkshire Lakes real estate market had 40 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berkshire Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Berkshire Lakes in October 2024, down by 66.7% 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 Berkshire Lakes, FL
How long does it take to sell a home in Berkshire Lakes, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 32 Days | -68.4% |
Summary: Homes in Berkshire Lakes had an average of 32 days on market in Oct 2024, down by 68.4% compared to last month.
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
Key Takeaway
Many homes in Berkshire Lakes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Berkshire Lakes; 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.
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