$5,878 Closing Credit*
$495,000
1,720 SqFt
3 Beds
•2 Full Baths
Gregory Buckley, Listing Office: LOKATION
Is Signature Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Signature Lakes was a Seller's Market.
Key Takeaway
Signature Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Signature Lakes, FL
How much do homes in Signature Lakes, FL cost?
Median Sold Price
$280,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,000(-1.1%)
Key Takeaway
Homes in Signature Lakes have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Signature Lakes was $280,000 in October 2024, down 1.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $142.4K | N/A |
| 2 Bedrooms | $192.7K | $166.5K | -13.6% |
| 3 Bedrooms | $243.7K | $272.5K | +11.8% |
| 4 Bedrooms | $422.5K | $427.5K | +1.2% |
| 5+ Bedrooms | $587.5K | $910K | +54.9% |
Summary: Signature Lakes 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 13.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 54.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Horizon West | $541.9K | $564.1K | +4.1% |
| Signature Lakes | $283K | $280K | -1.1% |
Housing Supply in Signature Lakes, FL
How many homes are available in Signature Lakes, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 93 | -1.1% |
Summary: The Signature Lakes real estate market had 93 homes for sale in October 2024, a 1.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 24 | 20 | -16.7% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Signature Lakes 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 increased by 14.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Signature Lakes, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Signature Lakes in October 2024, down by 36.8% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Signature Lakes, FL
How long does it take to sell a home in Signature Lakes, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 45 Days | +63.1% |
Summary: Homes in Signature Lakes had an average of 45 days on market in Oct 2024, up by 63.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Signature Lakes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Signature Lakes; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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