Is Cravero Lake Shore Estates, 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, Cravero Lake Shore Estates was a Seller's Market.
Key Takeaway
Cravero Lake Shore Estates is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cravero Lake Shore Estates, FL
How much do homes in Cravero Lake Shore Estates, FL cost?
Median Sold Price
$449,500
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cravero Lake Shore Estates have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Cravero Lake Shore Estates was $449,500 in April 2024, up 8.3% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $342.5K | -8.7% |
| 3 Bedrooms | $410K | $433K | +5.6% |
| 4 Bedrooms | $462.5K | $527.5K | +14.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cravero Lake Shore Estates 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 8.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| North East Little River | $381.5K | $452.4K | +18.6% |
| West Little River | $380K | $435K | +14.5% |
| Cravero Lake Shore Estates | $415K | $449.5K | +8.3% |
Housing Supply in Cravero Lake Shore Estates, FL
How many homes are available in Cravero Lake Shore Estates, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Cravero Lake Shore Estates real estate market had 7 homes for sale in April 2024, a 75.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cravero Lake Shore Estates 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cravero Lake Shore Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cravero Lake Shore Estates in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cravero Lake Shore Estates, FL
How long does it take to sell a home in Cravero Lake Shore Estates, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 49 Days | -23.4% |
Summary: Homes in Cravero Lake Shore Estates had an average of 49 days on market in Apr 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cravero Lake Shore Estates has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Cravero Lake Shore Estates; 0% of homes were sold within 30 days, 100% 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.