Is Magnolia Lake / Boulder Creek, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Magnolia Lake / Boulder Creek is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Magnolia Lake / Boulder Creek has remained a Seller's Market.

Key Takeaway

Magnolia Lake / Boulder Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Magnolia Lake / Boulder Creek, FL

How much do homes in Magnolia Lake / Boulder Creek, FL cost?

Median Sold Price

$383,000

$134/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$32,000(-7.7%)

Key Takeaway

Homes in Magnolia Lake / Boulder Creek have sold for 7.7% less than they did a month ago.

Summary: The median home sold price in Magnolia Lake / Boulder Creek was $383,000 in October 2024, down 7.7% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $363K-
N/A
4 $415K$383K
-7.7%
5+ $525K-
N/A

Summary: Magnolia Lake / Boulder Creek 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Magnolia Lake / Boulder Creek
-7.7%
Valley Ridge / Scenic Hills North
-8.4%

Housing Supply in Magnolia Lake / Boulder Creek, FL

How many homes are available in Magnolia Lake / Boulder Creek, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1516+6.7%

Summary: The Magnolia Lake / Boulder Creek real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 87
-12.5%
5+ 22
0.0%

Summary: The Magnolia Lake / Boulder Creek 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Magnolia Lake / Boulder Creek, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Magnolia Lake / Boulder Creek in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Magnolia Lake / Boulder Creek, FL

How long does it take to sell a home in Magnolia Lake / Boulder Creek, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days75 Days+15.3%

Summary: Homes in Magnolia Lake / Boulder Creek had an average of 75 days on market in Oct 2024, up by 15.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Magnolia Lake / Boulder Creek are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Magnolia Lake / Boulder Creek; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

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