$7,588 Closing Credit*
$639,000
2,039 SqFt
3 Beds
•3 Full Baths
Cynthia Scott, Listing Office: Realty One Group MVP
Is Lely Resort, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lely Resort has remained a Buyer'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
$740,000
$377/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$225,000(+43.7%)
Key Takeaway
Homes in Lely Resort have sold for 43.7% more than they did a month ago.
Summary: The median home sold price in Lely Resort was $740,000 in October 2024, up 43.7% from last month, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $434K | $436K | 0.5% |
| 3 Bedrooms | $615K | $817.5K | +32.9% |
| 4 Bedrooms | - | $1.0M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lely Resort housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 32.9%, 4 bedroom homes did not change, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 126 | +14.5% |
Summary: The Lely Resort real estate market had 126 homes for sale in October 2024, a 14.5% 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 | 42 | 50 | +19.0% |
| 3 Bedrooms | 54 | 57 | +5.6% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lely Resort 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 19%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was 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. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lely Resort in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 99 Days | +33.0% |
Summary: Homes in Lely Resort had an average of 99 days on market in Oct 2024, up by 33% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lely Resort has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Lely Resort; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
