$3,799 Closing Credit*
$319,900
2,136 SqFt
3 Beds
•2 Full Baths, 2 Partial
JOHN WILLIFORD, Listing Office: BRANDYWINE HOMES USA LLC
Is Chimney 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, 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
$327,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,266(+2.9%)
Key Takeaway
Homes in Chimney Lakes have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Chimney Lakes was $327,500 in November 2024, up 2.9% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $254.9K | $240K | -5.9% |
| 3 Bedrooms | $304.4K | $300K | -1.5% |
| 4 Bedrooms | $369.6K | $364.9K | -1.3% |
| 5+ Bedrooms | $382.5K | $432.5K | +13.1% |
Summary: Chimney 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 5.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 13.1%.
Housing Supply in Chimney Lakes, FL
How many homes are available in Chimney Lakes, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 134 | 144 | +7.5% |
Summary: The Chimney Lakes real estate market had 144 homes for sale in November 2024, a 7.5% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 89 | 100 | +12.4% |
| 4 Bedrooms | 42 | 39 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chimney 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 100%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chimney Lakes, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Chimney Lakes in November 2024, the same as the previous month. Of the 18 sold homes, 61% were sold under asking, 33% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 70 Days | +34.7% |
Summary: Homes in Chimney Lakes had an average of 70 days on market in Nov 2024, up by 34.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Chimney Lakes are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 18 homes were sold in Chimney Lakes; 28% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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