Is La Gorce, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Gorce is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, La Gorce has remained a Buyer's Market.

Key Takeaway

La Gorce is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in La Gorce, FL

How much do homes in La Gorce, FL cost?

Median Sold Price

$3,087,500

$1,109/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$569,500(-15.6%)

Key Takeaway

Homes in La Gorce have sold for 15.6% less than they did a year ago.

Summary: The median home sold price in La Gorce was $3,087,500 in April 2024, down 15.6% from last year, and the median price per square foot was $1,109.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$502.5K
N/A
2 $575K$995K
+73.0%
3 $1.7M$2.3M
+38.2%
4 $3.5M$3.1M
-10.0%
5+ $5.3M$6.9M
+31.5%

Summary: La Gorce 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 73%, 3 bedroom homes increased by 38.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 31.5%.

Housing Supply in La Gorce, FL

How many homes are available in La Gorce, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7583+10.7%

Summary: The La Gorce real estate market had 83 homes for sale in April 2024, a 10.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 34
+33.3%
3 1616
0.0%
4 1621
+31.3%
5+ 3740
+8.1%

Summary: The La Gorce housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 8.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Gorce, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in La Gorce in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Gorce, FL

How long does it take to sell a home in La Gorce, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
125 Days128 Days+2.2%

Summary: Homes in La Gorce had an average of 128 days on market in Apr 2024, up by 2.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Gorce has remained consistent over time.

Summary: During April 2024, 7 homes were sold in La Gorce; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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