$4,572 Closing Credit*
$385,000
2,033 SqFt
4 Beds
•3 Full Baths
TARA L BRAITHWAITE LLC, Listing Office: COLDWELL BANKER VANGUARD REALTY
Is Chimney Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Chimney Lakes was a Seller's Market.
Key Takeaway
Chimney Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chimney Lakes, FL
How much do homes in Chimney Lakes, FL cost?
Median Sold Price
$325,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$3,800(+1.2%)
Key Takeaway
Homes in Chimney Lakes have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Chimney Lakes was $325,000 in September 2024, up 1.2% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.4K | $250K | -1.0% |
| 3 Bedrooms | $310K | $299K | -3.5% |
| 4 Bedrooms | $366.7K | $360K | -1.8% |
| 5+ Bedrooms | $412.5K | $402.4K | -2.4% |
Summary: Chimney Lakes housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Chimney Lakes, FL
How many homes are available in Chimney Lakes, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 132 | 144 | +9.1% |
Summary: The Chimney Lakes real estate market had 144 homes for sale in September 2024, a 9.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 81 | 91 | +12.3% |
| 4 Bedrooms | 48 | 49 | +2.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chimney Lakes 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 increased by 100%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chimney Lakes, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Chimney Lakes in September 2024, down by 25.0% month-over-month. Of the 15 sold homes, 7% were sold under asking, 67% were sold at asking, and 27% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 58 Days | 94 Days | +61.6% |
Summary: Homes in Chimney Lakes had an average of 94 days on market in Sep 2024, up by 61.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Chimney Lakes are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 15 homes were sold in Chimney Lakes; 33% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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