$10,000 Closing Credit*
$880,000
2,523 SqFt
3 Beds
•3 Full Baths
Susan LaGrotta, Listing Office: Berkshire Hathaway FL Realty
Is Lely Resort, 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, Lely Resort was a Seller's Market.
Key Takeaway
Lely Resort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lely Resort, FL
How much do homes in Lely Resort, FL cost?
Median Sold Price
$760,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$92,500(+13.9%)
Key Takeaway
Homes in Lely Resort have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Lely Resort was $760,000 in November 2024, up 13.9% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $470K | $440K | -6.4% |
| 3 Bedrooms | $825K | $822.5K | -0.3% |
| 4 Bedrooms | $1.6M | $1.6M | -1.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lely Resort 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 decreased by 6.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.
Housing Supply in Lely Resort, FL
How many homes are available in Lely Resort, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 153 | +18.6% |
Summary: The Lely Resort real estate market had 153 homes for sale in November 2024, a 18.6% 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 | 51 | 54 | +5.9% |
| 3 Bedrooms | 58 | 72 | +24.1% |
| 4 Bedrooms | 19 | 26 | +36.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lely Resort 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 increased by 5.9%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 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 Lely Resort, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lely Resort in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lely Resort, FL
How long does it take to sell a home in Lely Resort, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 115 Days | +171.6% |
Summary: Homes in Lely Resort had an average of 115 days on market in Nov 2024, up by 171.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lely Resort are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Lely Resort; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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