Is Moon Lake, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Moon Lake has remained a Seller's Market.
Key Takeaway
Moon Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moon Lake, FL
How much do homes in Moon Lake, FL cost?
Median Sold Price
$198,400
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Moon Lake have sold for 17.3% less than they did a year ago.
Summary: The median home sold price in Moon Lake was $198,400 in April 2024, down 17.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.4K | $76.2K | -19.3% |
| 2 Bedrooms | $200K | $110K | -45.0% |
| 3 Bedrooms | $227.5K | $200K | -12.1% |
| 4 Bedrooms | $449.9K | $280K | -37.8% |
| 5+ Bedrooms | $430K | $546.1K | +27.0% |
Summary: Moon Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes decreased by 45%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Neighborhoods
| Summertree | $251K | $270K | +7.6% |
| River Ridge | $350.5K | $349.9K | -0.2% |
| Verandahs / Pine Ridge at Sugar Creek | $335.5K | $320K | -4.6% |
| Hidden Lakes | $470K | $447.5K | -4.8% |
| Moon Lake | $240K | $198.4K | -17.3% |
Housing Supply in Moon Lake, FL
How many homes are available in Moon Lake, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Moon Lake real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Moon Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Moon Lake, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Moon Lake in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Moon Lake, FL
How long does it take to sell a home in Moon Lake, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 24 Days | +93.5% |
Summary: Homes in Moon Lake had an average of 24 days on market in Apr 2024, up by 93.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moon Lake are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Moon Lake; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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