$59 Closing Credit*
$5,000
1,318 SqFt
3 Beds
Listing Office: Coldwell Banker Carroll Realty
Is Lauderdale Manors, 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, 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
$425,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62,500(+17.2%)
Key Takeaway
Homes in Lauderdale Manors have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Lauderdale Manors was $425,000 in October 2024, up 17.2% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $320K | +12.3% |
| 3 Bedrooms | $375K | $410K | +9.3% |
| 4 Bedrooms | $382K | $495K | +29.6% |
| 5+ Bedrooms | $485K | - | N/A |
Summary: Lauderdale Manors 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 increased by 12.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes did not change.
Housing Supply in Lauderdale Manors, FL
How many homes are available in Lauderdale Manors, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Summary: The Lauderdale Manors real estate market had 36 homes for sale in October 2024, a 24.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 17 | 23 | +35.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lauderdale Manors 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 40%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 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. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lauderdale Manors in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 84 Days | +573.6% |
Summary: Homes in Lauderdale Manors had an average of 84 days on market in Oct 2024, up by 573.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lauderdale Manors has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Lauderdale Manors; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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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.