$6,294 Closing Credit*
$530,000
2,914 SqFt
7 Beds
•4 Full Baths, 1 Partial
Sasha Hunter, Listing Office: KELLER WILLIAMS REALTY AT THE LAKES
Is Lake Berkley, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lake Berkley has remained a Buyer's Market.
Key Takeaway
Lake Berkley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Berkley, FL
How much do homes in Lake Berkley, FL cost?
Median Sold Price
$377,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$22,500(+6.3%)
Key Takeaway
Homes in Lake Berkley have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Lake Berkley was $377,500 in September 2024, up 6.3% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $302.5K | $288K | -4.8% |
| 4 Bedrooms | $425K | $424.9K | 0% |
| 5+ Bedrooms | $495.9K | $490K | -1.2% |
Summary: Lake Berkley housing prices by bedroom type for September 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 4.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in Lake Berkley, FL
How many homes are available in Lake Berkley, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The Lake Berkley real estate market had 26 homes for sale in September 2024, a 18.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Lake Berkley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Berkley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lake Berkley in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Berkley, FL
How long does it take to sell a home in Lake Berkley, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 53 Days | 143 Days | +169.8% |
Summary: Homes in Lake Berkley had an average of 143 days on market in Sep 2024, up by 169.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Lake Berkley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 1 homes were sold in Lake Berkley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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