$3,858 Closing Credit*
$324,900
1,147 SqFt
3 Beds
•2 Full Baths
Timothy Protzman, Listing Office: Tropics Realty
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 November 2023
At the same time last year, Lochmoor Waterway Estates was a Neutral 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
$346,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,500(-9.5%)
Key Takeaway
Homes in Lochmoor Waterway Estates have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Lochmoor Waterway Estates was $346,000 in November 2024, down 9.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74K | N/A |
| 2 Bedrooms | $186.7K | $145.5K | -22.1% |
| 3 Bedrooms | $417K | $370.8K | -11.1% |
| 4 Bedrooms | $515K | $507.5K | -1.5% |
| 5+ Bedrooms | $674.9K | $620K | -8.1% |
Summary: Lochmoor Waterway Estates 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 22.1%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Hancock | $380K | $369.9K | -2.6% |
| Lochmoor Waterway Estates | $382.5K | $346K | -9.5% |
Housing Supply in Lochmoor Waterway Estates, FL
How many homes are available in Lochmoor Waterway Estates, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 104 | +35.1% |
Summary: The Lochmoor Waterway Estates real estate market had 104 homes for sale in November 2024, a 35.1% 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 | 25 | 31 | +24.0% |
| 3 Bedrooms | 36 | 50 | +38.9% |
| 4 Bedrooms | 11 | 16 | +45.5% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Lochmoor Waterway Estates 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 24%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 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 Lochmoor Waterway Estates, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lochmoor Waterway Estates in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 75 Days | +109.0% |
Summary: Homes in Lochmoor Waterway Estates had an average of 75 days on market in Nov 2024, up by 109% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lochmoor Waterway Estates has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Lochmoor Waterway Estates; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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