$3,236 Closing Credit*
$272,500
1,086 SqFt
2 Beds
•2 Full Baths
Amy Stanley, Listing Office: INVESTY REALTY, LLC.
Is Lady Lake, 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, Lady Lake was a Seller's Market.
Key Takeaway
Lady Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lady Lake, FL
How much do homes in Lady Lake, FL cost?
Median Sold Price
$325,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,166(+5.9%)
Key Takeaway
Homes in Lady Lake have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Lady Lake was $325,000 in October 2024, up 5.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210.2K | $218.5K | +3.9% |
| 2 Bedrooms | $275.5K | $273.7K | -0.6% |
| 3 Bedrooms | $360K | $370K | +2.8% |
| 4 Bedrooms | $410K | $450K | +9.8% |
| 5+ Bedrooms | $440K | $599.9K | +36.3% |
Summary: Lady Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 36.3%.
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $299.3K | $320K | +6.9% |
| Lady Lake | $306.8K | $325K | +5.9% |
| Summerfield | $273.9K | $280K | +2.2% |
| Fruitland Park | $351K | $340K | -3.1% |
Housing Supply in Lady Lake, FL
How many homes are available in Lady Lake, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 238 | 250 | +5.0% |
Summary: The Lady Lake real estate market had 250 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 84 | 85 | +1.2% |
| 3 Bedrooms | 139 | 147 | +5.8% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lady Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 27 | -20.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lady Lake, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Lady Lake in October 2024, down by 20.6% month-over-month. Of the 27 sold homes, 89% were sold under asking, 7% were sold at asking, and 4% were sold over asking.
Days on Market for Lady Lake, FL
How long does it take to sell a home in Lady Lake, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 67 Days | +65.1% |
Summary: Homes in Lady Lake had an average of 67 days on market in Oct 2024, up by 65.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lady Lake are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Lady Lake; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% 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.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.