Is Lakewood Ranch Country Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakewood Ranch Country Club is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lakewood Ranch Country Club was a Seller's Market.

Key Takeaway

Lakewood Ranch Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lakewood Ranch Country Club, FL

How much do homes in Lakewood Ranch Country Club, FL cost?

Median Sold Price

$950,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$81,800(-7.9%)

Key Takeaway

Homes in Lakewood Ranch Country Club have sold for 7.9% less than they did a year ago.

Summary: The median home sold price in Lakewood Ranch Country Club was $950,000 in October 2024, down 7.9% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $655K$642.5K
-1.9%
3 $957.4K$949K
-0.9%
4 $1.4M$1.3M
-0.6%
5+ $1.7M$2.1M
+23.4%

Summary: Lakewood Ranch Country Club 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 1.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Neighborhoods

Lakewood Ranch
+3.4%
Greenbrook
+3.2%
Summerfield
-0.5%
Lakewood Ranch Country Club
-7.9%

Housing Supply in Lakewood Ranch Country Club, FL

How many homes are available in Lakewood Ranch Country Club, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43430.0%

Summary: The Lakewood Ranch Country Club real estate market had 43 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 1919
0.0%
4 117
-36.4%
5+ 68
+33.3%

Summary: The Lakewood Ranch Country Club 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 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakewood Ranch Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lakewood Ranch Country Club in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lakewood Ranch Country Club, FL

How long does it take to sell a home in Lakewood Ranch Country Club, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days98 Days+190.4%

Summary: Homes in Lakewood Ranch Country Club had an average of 98 days on market in Oct 2024, up by 190.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Lakewood Ranch Country Club are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Lakewood Ranch Country Club; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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