Is Chimney Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chimney Lakes has remained a Seller's Market.
Housing Prices in Chimney Lakes, FL
How much do homes in Chimney Lakes, FL cost?
Median Sold Price
$315,812
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chimney Lakes was $315,812 in April 2024, down 5.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $257.9K | $246.9K | -4.3% |
3 Bedrooms | $318K | $297.9K | -6.3% |
4 Bedrooms | $368K | $369.7K | 0.5% |
5+ Bedrooms | $440K | $402.4K | -8.5% |
Summary: Chimney 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 decreased by 4.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in Chimney Lakes, FL
How many homes are available in Chimney Lakes, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 138 | +5.3% |
Summary: The Chimney Lakes real estate market had 138 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 78 | 79 | +1.3% |
4 Bedrooms | 48 | 53 | +10.4% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Chimney 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 66.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 32 | +39.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Chimney Lakes in April 2024, up by 39.1% month-over-month. Of the 32 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% were sold over asking.
Days on Market for Chimney Lakes, FL
How long does it take to sell a home in Chimney Lakes, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 86 Days | +36.7% |
Summary: Homes in Chimney Lakes had an average of 86 days on market in Apr 2024, up by 36.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Chimney Lakes; 31% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.