Is Lighthouse Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lighthouse Point was a Neutral Market.
Housing Prices in Lighthouse Point, FL
How much do homes in Lighthouse Point, FL cost?
Median Sold Price
$732,500
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lighthouse Point was $732,500 in March 2024, up 8.5% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $160K | +30.6% |
2 Bedrooms | $256.5K | $245K | -4.5% |
3 Bedrooms | $820K | $885K | +7.9% |
4 Bedrooms | $1.4M | $1.5M | +9.8% |
5+ Bedrooms | $2.8M | $3.7M | +34.9% |
Summary: Lighthouse Point housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 34.9%.
Median Sold Price Compared To Nearby Cities
Deerfield Beach | $296.3K | $329.7K | +11.3% |
Lighthouse Point | $675K | $732.5K | +8.5% |
Pompano Beach | $355.4K | $356.9K | 0.4% |
Hillsboro Beach | $699K | $534.1K | -23.6% |
Housing Supply in Lighthouse Point, FL
How many homes are available in Lighthouse Point, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 80 | +17.6% |
Summary: The Lighthouse Point real estate market had 80 homes for sale in March 2024, a 17.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 17 | 23 | +35.3% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Lighthouse Point 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 11.1%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lighthouse Point in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Lighthouse Point, FL
How long does it take to sell a home in Lighthouse Point, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 44 Days | -12.5% |
Summary: Homes in Lighthouse Point had an average of 44 days on market in Mar 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Lighthouse Point; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.