Is Golden Lakes, 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, Golden Lakes was a Seller's Market.
Key Takeaway
Golden Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Golden Lakes, FL
How much do homes in Golden Lakes, FL cost?
Median Sold Price
$190,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Golden Lakes have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Golden Lakes was $190,000 in April 2024, up 9.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.5K | $130.5K | +4.8% |
| 2 Bedrooms | $175K | $190.4K | +8.8% |
| 3 Bedrooms | $216.2K | $210K | -2.9% |
| 4 Bedrooms | $680K | $645K | -5.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Golden Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Golden Lakes | $173K | $190K | +9.8% |
| Emerald Dunes Golf Club | $299.9K | $325K | +8.4% |
| Breakers West | $850K | $885.2K | +4.1% |
| Riverwalk | $462.8K | $457.5K | -1.1% |
| Andros Isle | $489.5K | $470K | -4.0% |
Housing Supply in Golden Lakes, FL
How many homes are available in Golden Lakes, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 86 | 101 | +17.4% |
Summary: The Golden Lakes real estate market had 101 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 62 | 76 | +22.6% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Golden Lakes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Golden Lakes, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Golden Lakes in April 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for Golden Lakes, FL
How long does it take to sell a home in Golden Lakes, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 47 Days | +13.8% |
Summary: Homes in Golden Lakes had an average of 47 days on market in Apr 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Golden Lakes has remained consistent over time.
Summary: During April 2024, 10 homes were sold in Golden Lakes; 30% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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© 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.