$2,900,000
7,049 SqFt
6 Beds
•5 Full Baths, 1 Partial
Maria Ditty, Listing Office: CD Real Estate of SWFL LLC
Is Lochmoor Waterway Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lochmoor Waterway Estates has remained a Buyer's Market.
Key Takeaway
Lochmoor Waterway Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lochmoor Waterway Estates, FL
How much do homes in Lochmoor Waterway Estates, FL cost?
Median Sold Price
$348,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$34,500(-9.0%)
Key Takeaway
Homes in Lochmoor Waterway Estates have sold for 9% less than they did a year ago.
Summary: The median home sold price in Lochmoor Waterway Estates was $348,000 in October 2024, down 9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74K | N/A |
| 2 Bedrooms | $192.5K | $150K | -22.1% |
| 3 Bedrooms | $410K | $380K | -7.3% |
| 4 Bedrooms | $515K | $515K | 0.0% |
| 5+ Bedrooms | $672.4K | $552.4K | -17.8% |
Summary: Lochmoor Waterway Estates 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 decreased by 22.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 17.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Hancock | $382.3K | $369.9K | -3.2% |
| Lochmoor Waterway Estates | $382.5K | $348K | -9.0% |
Housing Supply in Lochmoor Waterway Estates, FL
How many homes are available in Lochmoor Waterway Estates, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 86 | -6.5% |
Summary: The Lochmoor Waterway Estates real estate market had 86 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 28 | 25 | -10.7% |
| 3 Bedrooms | 45 | 41 | -8.9% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Lochmoor Waterway Estates housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 2 | -87.5% |
Asking Price vs. Sold Price
2 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 Lochmoor Waterway Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lochmoor Waterway Estates in October 2024, down by 87.5% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lochmoor Waterway Estates, FL
How long does it take to sell a home in Lochmoor Waterway Estates, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 205 Days | +322.7% |
Summary: Homes in Lochmoor Waterway Estates had an average of 205 days on market in Oct 2024, up by 322.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lochmoor Waterway Estates has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Lochmoor Waterway Estates; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.