Is Doubletree Lake Estates, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Doubletree Lake Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Doubletree Lake Estates has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Doubletree Lake Estates, IN

How much do homes in Doubletree Lake Estates, IN cost?

Median Sold Price

$399,990

$158/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$25,000(-5.9%)

Key Takeaway

Homes in Doubletree Lake Estates have sold for 5.9% less than they did a month ago.

Summary: The median home sold price in Doubletree Lake Estates was $399,990 in September 2024, down 5.9% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $424.9K-
N/A
4 $659.4K$399.9K
-39.3%
5+ --
N/A

Summary: Doubletree Lake Estates housing prices by bedroom type for September 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 39.3%, and 5+ bedroom homes did not change.

Housing Supply in Doubletree Lake Estates, IN

How many homes are available in Doubletree Lake Estates, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
75-28.6%

Summary: The Doubletree Lake Estates real estate market had 5 homes for sale in September 2024, a 28.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Doubletree Lake Estates 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 decreased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Doubletree Lake Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Doubletree Lake Estates in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Doubletree Lake Estates, IN

How long does it take to sell a home in Doubletree Lake Estates, IN?

Average Sale Time

Aug 2024Sep 2024CHANGE
24 Days33 Days+37.5%

Summary: Homes in Doubletree Lake Estates had an average of 33 days on market in Sep 2024, up by 37.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Doubletree Lake Estates has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Doubletree Lake Estates; 0% of homes were sold within 30 days, 100% 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 Sep 1, 2024

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