Is Lakes of Mount Dora, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lakes of Mount Dora has remained a Seller's Market.
Key Takeaway
Lakes of Mount Dora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lakes of Mount Dora, FL
How much do homes in Lakes of Mount Dora, FL cost?
Median Sold Price
$510,000
$250/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Lakes of Mount Dora have sold for 2% more than they did a month ago.
Summary: The median home sold price in Lakes of Mount Dora was $510,000 in April 2024, up 2% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $488.9K | $510K | +4.3% |
| 4 Bedrooms | $622.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lakes of Mount Dora housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lakes of Mount Dora, FL
How many homes are available in Lakes of Mount Dora, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Lakes of Mount Dora real estate market had 16 homes for sale in April 2024, the same as 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 | 14 | 13 | -7.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakes of Mount Dora 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 decreased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakes of Mount Dora, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lakes of Mount Dora in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Lakes of Mount Dora, FL
How long does it take to sell a home in Lakes of Mount Dora, FL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 58 Days | +62.0% |
Summary: Homes in Lakes of Mount Dora had an average of 58 days on market in Apr 2024, up by 62% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakes of Mount Dora are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Lakes of Mount Dora; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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