$10,000 Closing Credit*
$1,490,000
2,486 SqFt
3 Beds
•3 Full Baths
Meghan Stewart, Listing Office: Compass Florida LLC
Is Lighthouse Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lighthouse Point has remained a Buyer's Market.
Key Takeaway
Lighthouse Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lighthouse Point, FL
How much do homes in Lighthouse Point, FL cost?
Median Sold Price
$750,000
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+3.2%)
Key Takeaway
Homes in Lighthouse Point have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Lighthouse Point was $750,000 in November 2024, up 3.2% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176.5K | $144K | -18.4% |
| 2 Bedrooms | $238.5K | $432.4K | +81.3% |
| 3 Bedrooms | $759K | $899.9K | +18.6% |
| 4 Bedrooms | $1.4M | $1.5M | +10.7% |
| 5+ Bedrooms | $3.6M | $3.4M | -4.3% |
Summary: Lighthouse Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 81.3%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Pompano Beach | $355.2K | $376.8K | +6.1% |
| Deerfield Beach | $326.8K | $339K | +3.7% |
| Lighthouse Point | $727K | $750K | +3.2% |
Housing Supply in Lighthouse Point, FL
How many homes are available in Lighthouse Point, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 80 | +12.7% |
Summary: The Lighthouse Point real estate market had 80 homes for sale in November 2024, a 12.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 27 | 29 | +7.4% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Lighthouse Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 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 Lighthouse Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lighthouse Point in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lighthouse Point, FL
How long does it take to sell a home in Lighthouse Point, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 51 Days | +61.8% |
Summary: Homes in Lighthouse Point had an average of 51 days on market in Nov 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lighthouse Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Lighthouse Point; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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© 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.