Is Mount Dora, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mount Dora has remained a Seller's Market.
Housing Prices in Mount Dora, FL
How much do homes in Mount Dora, FL cost?
Median Sold Price
$399,907
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Dora was $399,907 in May 2024, up 2.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $247.7K | +1.1% |
2 Bedrooms | $307K | $288.2K | -6.1% |
3 Bedrooms | $385K | $374.9K | -2.6% |
4 Bedrooms | $449.9K | $481.5K | +7.0% |
5+ Bedrooms | $540K | $535K | -0.9% |
Summary: Mount Dora housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Eustis | $335K | $348.4K | +4.0% |
Mount Dora | $390.8K | $399.9K | +2.3% |
Housing Supply in Mount Dora, FL
How many homes are available in Mount Dora, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
276 | 280 | +1.4% |
Summary: The Mount Dora real estate market had 280 homes for sale in May 2024, a 1.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 38 | 38 | 0.0% |
3 Bedrooms | 143 | 134 | -6.3% |
4 Bedrooms | 70 | 84 | +20.0% |
5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Mount Dora housing inventory by bedroom type for May 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 6.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 55 | -9.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Mount Dora in May 2024, down by 9.8% month-over-month. Of the 55 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.
Days on Market for Mount Dora, FL
How long does it take to sell a home in Mount Dora, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 57 Days | +43.9% |
Summary: Homes in Mount Dora had an average of 57 days on market in May 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 55 homes were sold in Mount Dora; 49% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.