Is Fruitland Park-Lady Lake, 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, Fruitland Park-Lady Lake has remained a Seller's Market.
Housing Prices in Fruitland Park-Lady Lake, FL
How much do homes in Fruitland Park-Lady Lake, FL cost?
Median Sold Price
$288,125
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fruitland Park-Lady Lake was $288,125 in March 2024, down 10% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $259.9K | $230K | -11.5% |
3 Bedrooms | $339.5K | $333K | -1.9% |
4 Bedrooms | $395K | $363.9K | -7.9% |
5+ Bedrooms | $497.5K | $438.4K | -11.9% |
Summary: Fruitland Park-Lady Lake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Cities
Fruitland Park | $320K | $340K | +6.3% |
The Villages | $389.9K | $378.6K | -2.9% |
Lady Lake | $320K | $305.1K | -4.6% |
Fruitland Park-Lady Lake | $320K | $288.1K | -10.0% |
Weirsdale | $555K | $327.5K | -41.0% |
Housing Supply in Fruitland Park-Lady Lake, FL
How many homes are available in Fruitland Park-Lady Lake, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
238 | 256 | +7.6% |
Summary: The Fruitland Park-Lady Lake real estate market had 256 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 86 | 99 | +15.1% |
3 Bedrooms | 106 | 110 | +3.8% |
4 Bedrooms | 37 | 38 | +2.7% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Fruitland Park-Lady Lake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 45 | +45.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Fruitland Park-Lady Lake in March 2024, up by 45.2% month-over-month. Of the 45 sold homes, 64% were sold under asking, 24% were sold at asking, and 11% were sold over asking.
Days on Market for Fruitland Park-Lady Lake, FL
How long does it take to sell a home in Fruitland Park-Lady Lake, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 66 Days | +5.5% |
Summary: Homes in Fruitland Park-Lady Lake had an average of 66 days on market in Mar 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in Fruitland Park-Lady Lake; 44% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.