$3,563 Closing Credit*
$300,000
1,786 SqFt
3 Beds
•2 Full Baths
HELEN PALMER, Listing Office: UNITED REAL ESTATE GALLERY
Is Chimney Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Chimney Lakes was a Seller's Market.
Key Takeaway
Chimney Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chimney Lakes, FL
How much do homes in Chimney Lakes, FL cost?
Median Sold Price
$325,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.6%)
Key Takeaway
Homes in Chimney Lakes have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Chimney Lakes was $325,000 in October 2024, up 1.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $250K | 0.0% |
| 3 Bedrooms | $305K | $299.4K | -1.8% |
| 4 Bedrooms | $369.9K | $364.9K | -1.3% |
| 5+ Bedrooms | $385K | $425K | +10.4% |
Summary: Chimney Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in Chimney Lakes, FL
How many homes are available in Chimney Lakes, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 141 | 140 | -0.7% |
Summary: The Chimney Lakes real estate market had 140 homes for sale in October 2024, a 0.7% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 92 | 92 | 0.0% |
| 4 Bedrooms | 44 | 46 | +4.5% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Chimney 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chimney Lakes, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Chimney Lakes in October 2024, down by 20.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 38% were sold at asking, and 19% were sold over asking.
Days on Market for Chimney Lakes, FL
How long does it take to sell a home in Chimney Lakes, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 63 Days | +36.4% |
Summary: Homes in Chimney Lakes had an average of 63 days on market in Oct 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chimney Lakes has remained consistent over time.
Summary: During October 2024, 16 homes were sold in Chimney Lakes; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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