Is Lighthouse Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lighthouse Point was a Neutral Market.
Housing Prices in Lighthouse Point, FL
How much do homes in Lighthouse Point, FL cost?
Median Sold Price
$710,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lighthouse Point was $710,000 in April 2024, up 22.8% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $148K | +20.8% |
2 Bedrooms | $232.5K | $292K | +25.6% |
3 Bedrooms | $957.5K | $875K | -8.6% |
4 Bedrooms | $1.5M | $1.4M | -10.5% |
5+ Bedrooms | $2.8M | $3.8M | +38.4% |
Summary: Lighthouse Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 25.6%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
Lighthouse Point | $578.2K | $710K | +22.8% |
Deerfield Beach | $300K | $321.5K | +7.2% |
Pompano Beach | $353.1K | $357.6K | +1.3% |
Hillsboro Beach | $690K | $534.1K | -22.6% |
Housing Supply in Lighthouse Point, FL
How many homes are available in Lighthouse Point, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 79 | +8.2% |
Summary: The Lighthouse Point real estate market had 79 homes for sale in April 2024, a 8.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Lighthouse Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Lighthouse Point in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Lighthouse Point, FL
How long does it take to sell a home in Lighthouse Point, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 40 Days | -44.1% |
Summary: Homes in Lighthouse Point had an average of 40 days on market in Apr 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Lighthouse Point; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.