Is Lochmoor Waterway Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lochmoor Waterway Estates was a Seller's Market.
Key Takeaway
Lochmoor Waterway Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lochmoor Waterway Estates, FL
How much do homes in Lochmoor Waterway Estates, FL cost?
Median Sold Price
$387,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lochmoor Waterway Estates have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Lochmoor Waterway Estates was $387,500 in April 2024, up 3.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $168.5K | -17.8% |
| 3 Bedrooms | $415K | $399.9K | -3.6% |
| 4 Bedrooms | $532.7K | $515K | -3.3% |
| 5+ Bedrooms | $670K | $630K | -6.0% |
Summary: Lochmoor Waterway Estates 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 decreased by 17.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Neighborhoods
| Lochmoor Waterway Estates | $375K | $387.5K | +3.3% |
| Hancock | $389K | $375K | -3.6% |
Housing Supply in Lochmoor Waterway Estates, FL
How many homes are available in Lochmoor Waterway Estates, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 88 | 97 | +10.2% |
Summary: The Lochmoor Waterway Estates real estate market had 97 homes for sale in April 2024, a 10.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 44 | 51 | +15.9% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Lochmoor Waterway Estates 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 increased by 4.5%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 3 | -76.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lochmoor Waterway Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lochmoor Waterway Estates in April 2024, down by 76.9% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lochmoor Waterway Estates, FL
How long does it take to sell a home in Lochmoor Waterway Estates, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 65 Days | +22.0% |
Summary: Homes in Lochmoor Waterway Estates had an average of 65 days on market in Apr 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lochmoor Waterway Estates are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Lochmoor Waterway Estates; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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