$4,744 Closing Credit*
$399,500
2,234 SqFt
4 Beds
•2 Full Baths
Margaret Wu, Listing Office: AMERITEAM REALTY INC
Is Sky Lake, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$314,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+1.1%)
Key Takeaway
Homes in Sky Lake have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Sky Lake was $314,000 in November 2024, up 1.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.5K | $161.5K | +21.9% |
| 3 Bedrooms | $307K | $295K | -3.9% |
| 4 Bedrooms | $325K | $335K | +3.1% |
| 5+ Bedrooms | $374K | - | N/A |
Summary: Sky 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 21.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Castle | $351K | $379K | +8.0% |
| Sky Lake | $310.5K | $314K | +1.1% |
Housing Supply in Sky Lake, FL
How many homes are available in Sky Lake, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Sky Lake real estate market had 16 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sky 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 25%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sky Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sky Lake in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 30 Days | -52.7% |
Summary: Homes in Sky Lake had an average of 30 days on market in Nov 2024, down by 52.7% 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
Key Takeaway
Many homes in Sky Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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