$10,000 Closing Credit*
$895,000
2,207 SqFt
4 Beds
•2 Full Baths
Paula Andrea Sabatier, Listing Office: Illustrated Properties LLC (Co
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 October 2023
At the same time last year, Lake Clarke Shores was a Neutral 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
$634,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,500(-4.3%)
Key Takeaway
Homes in Lake Clarke Shores have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Lake Clarke Shores was $634,000 in October 2024, down 4.3% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $312K | -10.9% |
| 3 Bedrooms | $617.5K | $634K | +2.7% |
| 4 Bedrooms | $752.5K | $782K | +3.9% |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Lake Clarke Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Palm Beach | $374.1K | $395.6K | +5.8% |
| Lake Worth | $438.8K | $455.1K | +3.7% |
| Lake Clarke Shores | $662.5K | $634K | -4.3% |
Housing Supply in Lake Clarke Shores, FL
How many homes are available in Lake Clarke Shores, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Lake Clarke Shores real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lake Clarke Shores housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
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 October 2024, down by 66.7% month-over-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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 73 Days | +25.9% |
Summary: Homes in Lake Clarke Shores had an average of 73 days on market in Oct 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lake Clarke Shores are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Lake Clarke Shores; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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