Is Deltona Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Deltona Lakes has remained a Seller's Market.
Housing Prices in Deltona Lakes, FL
How much do homes in Deltona Lakes, FL cost?
Median Sold Price
$309,456
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Deltona Lakes was $309,456 in March 2024, up 3.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163.9K | $127K | -22.5% |
2 Bedrooms | $232K | $244.4K | +5.4% |
3 Bedrooms | $300K | $305K | +1.7% |
4 Bedrooms | $352.7K | $363.9K | +3.2% |
5+ Bedrooms | $407.1K | $400K | -1.7% |
Summary: Deltona Lakes housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in Deltona Lakes, FL
How many homes are available in Deltona Lakes, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
437 | 483 | +10.5% |
Summary: The Deltona Lakes real estate market had 483 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 57 | 51 | -10.5% |
3 Bedrooms | 267 | 311 | +16.5% |
4 Bedrooms | 97 | 103 | +6.2% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Deltona Lakes housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 106 | +30.9% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 106 homes were sold or pending in Deltona Lakes in March 2024, up by 30.9% month-over-month. Of the 106 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for Deltona Lakes, FL
How long does it take to sell a home in Deltona Lakes, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 40 Days | -19.0% |
Summary: Homes in Deltona Lakes had an average of 40 days on market in Mar 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 106 homes were sold in Deltona Lakes; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.