Is Whitney Lakes, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitney Lakes is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Whitney Lakes has remained a Buyer's Market.

Key Takeaway

Whitney Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Whitney Lakes, FL

How much do homes in Whitney Lakes, FL cost?

Median Sold Price

$230,900

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$39,100(-14.5%)

Key Takeaway

Homes in Whitney Lakes have sold for 14.5% less than they did a year ago.

Summary: The median home sold price in Whitney Lakes was $230,900 in October 2024, down 14.5% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $191.7K$178.5K
-6.9%
2 $275K$227.5K
-17.3%
3 $355K$329.9K
-7.1%
4 $569.7K$485K
-14.9%
5+ --
N/A

Summary: Whitney Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Longbrooke
+7.4%
Whitney Lakes
-14.5%

Housing Supply in Whitney Lakes, FL

How many homes are available in Whitney Lakes, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
41410.0%

Summary: The Whitney Lakes real estate market had 41 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 2930
+3.4%
3 66
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Whitney Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was 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 Whitney Lakes, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Whitney Lakes in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Whitney Lakes, FL

How long does it take to sell a home in Whitney Lakes, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days177 Days+293.3%

Summary: Homes in Whitney Lakes had an average of 177 days on market in Oct 2024, up by 293.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Whitney Lakes are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Whitney Lakes; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Whitney Lakes, FL

Nearby Markets to Whitney Lakes, FL