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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buenaventura Lakes is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Buenaventura Lakes has remained a Seller's Market.

Key Takeaway

Buenaventura Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Buenaventura Lakes, FL

How much do homes in Buenaventura Lakes, FL cost?

Median Sold Price

$355,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+9.2%)

Key Takeaway

Homes in Buenaventura Lakes have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Buenaventura Lakes was $355,000 in April 2024, up 9.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $181.5K-
N/A
2 $242K$255.5K
+5.6%
3 $330K$350K
+6.1%
4 $390K$406.7K
+4.3%
5+ $462K$506K
+9.5%

Summary: Buenaventura Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 9.5%.

Housing Supply in Buenaventura Lakes, FL

How many homes are available in Buenaventura Lakes, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
132121-8.3%

Summary: The Buenaventura Lakes real estate market had 121 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2123
+9.5%
3 7062
-11.4%
4 3935
-10.3%
5+ 21
-50.0%

Summary: The Buenaventura Lakes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2826-7.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buenaventura Lakes, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Buenaventura Lakes in April 2024, down by 7.1% month-over-month. Of the 26 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for Buenaventura Lakes, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days39 Days+4.1%

Summary: Homes in Buenaventura Lakes had an average of 39 days on market in Apr 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buenaventura Lakes are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in Buenaventura Lakes; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% 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 13 Days Ago

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