Is Country Lake Manors, 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, Country Lake Manors has remained a Seller's Market.
Key Takeaway
Country Lake Manors is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Country Lake Manors, FL
How much do homes in Country Lake Manors, FL cost?
Median Sold Price
$600,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Country Lake Manors have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Country Lake Manors was $600,000 in April 2024, up 9.1% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $367.5K | $420K | +14.3% |
| 3 Bedrooms | $522K | $577K | +10.5% |
| 4 Bedrooms | $573.5K | $617.5K | +7.7% |
| 5+ Bedrooms | $649K | $752K | +15.9% |
Summary: Country Lake Manors 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 14.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Country Club of Miami | $310K | $343K | +10.6% |
| Country Lake Manors | $550K | $600K | +9.1% |
Housing Supply in Country Lake Manors, FL
How many homes are available in Country Lake Manors, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Country Lake Manors real estate market had 11 homes for sale in April 2024, a 22.2% 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 | 2 | -33.3% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Country Lake Manors 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 decreased by 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Country Lake Manors, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Country Lake Manors in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Country Lake Manors, FL
How long does it take to sell a home in Country Lake Manors, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 7 Days | -57.8% |
Summary: Homes in Country Lake Manors had an average of 7 days on market in Apr 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Country Lake Manors are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Country Lake Manors; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.