$5,106 Closing Credit*
$430,000
925 SqFt
3 Beds
•1 Full Bath
Mansour Kavehzadeh, Listing Office: United Realty Group Inc.
Is Lauderdale Manors, 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, Lauderdale Manors was a Seller's Market.
Key Takeaway
Lauderdale Manors is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lauderdale Manors, FL
How much do homes in Lauderdale Manors, FL cost?
Median Sold Price
$405,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,500(+11.7%)
Key Takeaway
Homes in Lauderdale Manors have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Lauderdale Manors was $405,000 in November 2024, up 11.7% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $292.4K | $320K | +9.4% |
| 3 Bedrooms | $375K | $403.5K | +7.6% |
| 4 Bedrooms | $371K | $477.5K | +28.7% |
| 5+ Bedrooms | $485K | - | N/A |
Summary: Lauderdale Manors 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 increased by 9.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Lauderdale Manors | $362.5K | $405K | +11.7% |
| South Middle River | $445K | $438.5K | -1.5% |
Housing Supply in Lauderdale Manors, FL
How many homes are available in Lauderdale Manors, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 45 | +21.6% |
Summary: The Lauderdale Manors real estate market had 45 homes for sale in November 2024, a 21.6% 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 | 7 | 5 | -28.6% |
| 3 Bedrooms | 22 | 31 | +40.9% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lauderdale Manors 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 decreased by 28.6%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderdale Manors, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lauderdale Manors in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Lauderdale Manors, FL
How long does it take to sell a home in Lauderdale Manors, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 60 Days | +23.0% |
Summary: Homes in Lauderdale Manors had an average of 60 days on market in Nov 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lauderdale Manors are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Lauderdale Manors; 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.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.