Is Lighthouse Point, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lighthouse Point is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Lighthouse Point was a Seller's Market.

Key Takeaway

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

How much do homes in Lighthouse Point, FL cost?

Median Sold Price

$539,900

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$110,100(-16.9%)

Key Takeaway

Homes in Lighthouse Point have sold for 16.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $105K$119K
+13.3%
2 $202K$232.5K
+15.1%
3 $712.5K$820K
+15.1%
4 $1.3M$1.5M
+18.4%
5+ $2.2M$2.7M
+26.3%

Median Sold Price Compared To Nearby Cities

Pompano Beach
+29.3%
Deerfield Beach
+15.9%
Lighthouse Point
-16.9%

How many homes are available in Lighthouse Point, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
58580.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 24
+100.0%
2 1212
0.0%
3 1814
-22.2%
4 1010
0.0%
5+ 1618
+12.5%

Number of Homes Sold

Oct 2022Nov 2022%
84-50.0%

Asking Price vs. Sold Price

4 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 Lighthouse Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
37 Days33 Days-12.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lighthouse Point are selling fast, if you're buying plan to act quickly.

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

About Lighthouse Point, FL

Homes for sale in Lighthouse Point, FL have reached 58. While the average time on the market in November 2022 was 33 days, the median list price was $539,900. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties prices increased by 13.3%, the cost of 2 bedrooms properties went up by 15.1%, 3 bedrooms properties prices increased by 15.1%, 4 bedrooms properties prices increased by 18.4%, 5 bedrooms properties became 26.3% more expensive. This housing market inventory have changed: 1 bedroom homes became 100% more available, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 22.2%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes increased by 12.5%. Lighthouse Point, FL housing market in November 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.

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