Is Lost Lake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lost Lake is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lost Lake was a Buyer's Market.

Key Takeaway

Lost Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lost Lake, FL

How much do homes in Lost Lake, FL cost?

Median Sold Price

$519,900

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,100(-5.5%)

Key Takeaway

Homes in Lost Lake have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Lost Lake was $519,900 in November 2024, down 5.5% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $462.4K$475K
+2.7%
3 $598.5K$565K
-5.6%
4 $840.5K$810K
-3.6%
5+ -$963K
N/A

Summary: Lost Lake 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 increased by 2.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Mariner
-3.3%
Lost Lake
-5.5%

Housing Supply in Lost Lake, FL

How many homes are available in Lost Lake, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3243+34.4%

Summary: The Lost Lake real estate market had 43 homes for sale in November 2024, a 34.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 915
+66.7%
3 1621
+31.3%
4 66
0.0%
5+ 11
0.0%

Summary: The Lost Lake 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 66.7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
07+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lost Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lost Lake in November 2024, up by 100.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lost Lake, FL

How long does it take to sell a home in Lost Lake, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days18 Days-52.0%

Summary: Homes in Lost Lake had an average of 18 days on market in Nov 2024, down by 52% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lost Lake are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Lost Lake; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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