$2,494 Closing Credit*
$210,000
1,222 SqFt
3 Beds
•2 Full Baths
Deanna Meredith, Listing Office: LUXE PROPERTIES LLC
Is Fruitland Park-Lady Lake, 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, Fruitland Park-Lady Lake was a Seller's Market.
Key Takeaway
Fruitland Park-Lady Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fruitland Park-Lady Lake, FL
How much do homes in Fruitland Park-Lady Lake, FL cost?
Median Sold Price
$320,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,980(+7.0%)
Key Takeaway
Homes in Fruitland Park-Lady Lake have sold for 7% more than they did a year ago.
Summary: The median home sold price in Fruitland Park-Lady Lake was $320,000 in November 2024, up 7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $267K | +48.3% |
| 2 Bedrooms | $239.9K | $247.4K | +3.1% |
| 3 Bedrooms | $325K | $350K | +7.7% |
| 4 Bedrooms | $385K | $389.9K | +1.3% |
| 5+ Bedrooms | $459.9K | $544K | +18.3% |
Summary: Fruitland Park-Lady Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $299K | $320K | +7.0% |
| Lady Lake | $305.9K | $325.6K | +6.5% |
| Fruitland Park | $340K | $340K | 0.0% |
| The Villages | $375.1K | $374.5K | -0.1% |
Housing Supply in Fruitland Park-Lady Lake, FL
How many homes are available in Fruitland Park-Lady Lake, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 224 | 234 | +4.5% |
Summary: The Fruitland Park-Lady Lake real estate market had 234 homes for sale in November 2024, a 4.5% 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 | 49 | 53 | +8.2% |
| 3 Bedrooms | 136 | 138 | +1.5% |
| 4 Bedrooms | 32 | 36 | +12.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Fruitland Park-Lady Lake 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 8.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fruitland Park-Lady Lake, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Fruitland Park-Lady Lake in November 2024, up by 24.1% month-over-month. Of the 36 sold homes, 83% were sold under asking, 14% were sold at asking, and 3% were sold over asking.
Days on Market for Fruitland Park-Lady Lake, FL
How long does it take to sell a home in Fruitland Park-Lady Lake, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 59 Days | +48.5% |
Summary: Homes in Fruitland Park-Lady Lake had an average of 59 days on market in Nov 2024, up by 48.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fruitland Park-Lady Lake has remained consistent over time.
Summary: During November 2024, 36 homes were sold in Fruitland Park-Lady Lake; 36% of homes were sold within 30 days, 39% 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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.