Is Lakewood Ranch Country Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakewood Ranch Country Club is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Lakewood Ranch Country Club was a Neutral Market.

Key Takeaway

Lakewood Ranch Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lakewood Ranch Country Club, FL

How much do homes in Lakewood Ranch Country Club, FL cost?

Median Sold Price

$1,062,500

$376/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$107,500(+11.3%)

Key Takeaway

Homes in Lakewood Ranch Country Club have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Lakewood Ranch Country Club was $1,062,500 in March 2024, up 11.3% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $725K$665K
-8.3%
3 $890K$1.0M
+16.1%
4 $1.5M$1.3M
-10.7%
5+ $2.0M$1.7M
-17.8%

Summary: Lakewood Ranch Country Club 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 8.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Neighborhoods

Lakewood Ranch Country Club
+11.3%
Lakewood Ranch
-2.4%
Summerfield
-9.4%
Greenbrook
-11.9%

Housing Supply in Lakewood Ranch Country Club, FL

How many homes are available in Lakewood Ranch Country Club, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4650+8.7%

Summary: The Lakewood Ranch Country Club real estate market had 50 homes for sale in March 2024, a 8.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1115
+36.4%
3 2420
-16.7%
4 88
0.0%
5+ 37
+133.3%

Summary: The Lakewood Ranch Country Club 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 36.4%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakewood Ranch Country Club, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lakewood Ranch Country Club in March 2024, down by 36.4% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Lakewood Ranch Country Club, FL

How long does it take to sell a home in Lakewood Ranch Country Club, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days31 Days+37.0%

Summary: Homes in Lakewood Ranch Country Club had an average of 31 days on market in Mar 2024, up by 37% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lakewood Ranch Country Club are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in Lakewood Ranch Country Club; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

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