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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sky Lake is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Sky Lake has remained a Seller's Market.

Key Takeaway

Sky Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sky Lake, FL

How much do homes in Sky Lake, FL cost?

Median Sold Price

$310,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,000(+1.3%)

Key Takeaway

Homes in Sky Lake have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Sky Lake was $310,000 in September 2024, up 1.3% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $135K$161.5K
+19.6%
3 $290K$295K
+1.7%
4 $325K$315K
-3.1%
5+ $360K$388K
+7.8%

Summary: Sky Lake housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Neighborhoods

Pine Castle
+11.0%
Sky Lake
+1.3%

Housing Supply in Sky Lake, FL

How many homes are available in Sky Lake, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1821+16.7%

Summary: The Sky Lake real estate market had 21 homes for sale in September 2024, a 16.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 44
0.0%
3 68
+33.3%
4 67
+16.7%
5+ 00
0.0%

Summary: The Sky Lake housing inventory by bedroom type for September 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 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sky Lake, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sky Lake in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Sky Lake, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days23 Days+34.8%

Summary: Homes in Sky Lake had an average of 23 days on market in Sep 2024, up by 34.8% compared to last year.

Breakdown of Home Sale Times

2 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 Sky Lake are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Sky Lake; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Sky Lake, FL

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