$9,559 Closing Credit*
$805,000
2,107 SqFt
3 Beds
•2 Full Baths, 1 Partial
Albert Pavon, Listing Office: Pavon Realty Group, LLC
Is Lake Clarke Shores, 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, Lake Clarke Shores was a Seller's Market.
Key Takeaway
Lake Clarke Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Clarke Shores, FL
How much do homes in Lake Clarke Shores, FL cost?
Median Sold Price
$650,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,500(+1.2%)
Key Takeaway
Homes in Lake Clarke Shores have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Lake Clarke Shores was $650,000 in November 2024, up 1.2% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $311K | -11.1% |
| 3 Bedrooms | $610K | $670K | +9.8% |
| 4 Bedrooms | $710K | $835K | +17.6% |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Lake Clarke Shores 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 11.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Palm Beach | $374.1K | $399.4K | +6.8% |
| Lake Worth | $437.9K | $459.8K | +5.0% |
| Lake Clarke Shores | $642.5K | $650K | +1.2% |
Housing Supply in Lake Clarke Shores, FL
How many homes are available in Lake Clarke Shores, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Lake Clarke Shores real estate market had 23 homes for sale in November 2024, a 9.5% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lake Clarke Shores 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were 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 Clarke Shores, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lake Clarke Shores in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Clarke Shores, FL
How long does it take to sell a home in Lake Clarke Shores, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 162 Days | +119.6% |
Summary: Homes in Lake Clarke Shores had an average of 162 days on market in Nov 2024, up by 119.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lake Clarke Shores are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Lake Clarke Shores; 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.
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