Is Lakewood Villas, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakewood Villas is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Lakewood Villas was a Buyer's Market.

Key Takeaway

Lakewood Villas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lakewood Villas, FL

How much do homes in Lakewood Villas, FL cost?

Median Sold Price

$244,900

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$100(0%)

Key Takeaway

The sold price of homes in Lakewood Villas has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $231K$215K
-6.9%
3 $240K$247.5K
+3.1%
4 $302.4K$370K
+22.3%
5+ --
N/A

Summary: Lakewood Villas housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

New Port Richey East
+6.6%
Lakewood Villas
0%
Magnolia Valley
0.0%

Housing Supply in Lakewood Villas, FL

How many homes are available in Lakewood Villas, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1516+6.7%

Summary: The Lakewood Villas real estate market had 16 homes for sale in December 2024, a 6.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 77
0.0%
4 44
0.0%
5+ 12
+100.0%

Summary: The Lakewood Villas housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 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 Villas, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lakewood Villas in December 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Lakewood Villas, FL

How long does it take to sell a home in Lakewood Villas, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
11 Days65 Days+492.7%

Summary: Homes in Lakewood Villas had an average of 65 days on market in Dec 2024, up by 492.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lakewood Villas are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in Lakewood Villas; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 6 Days Ago

Newest Listings in Lakewood Villas, FL

Nearby Markets to Lakewood Villas, FL