Is Mount Dora, 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, Mount Dora has remained a Seller's Market.
Key Takeaway
Mount Dora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Dora, FL
How much do homes in Mount Dora, FL cost?
Median Sold Price
$399,283
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mount Dora have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Mount Dora was $399,283 in April 2024, up 0.5% 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 | $170.2K | $257K | +51.0% |
| 2 Bedrooms | $308K | $285K | -7.5% |
| 3 Bedrooms | $391K | $372.2K | -4.8% |
| 4 Bedrooms | $450.9K | $481.5K | +6.8% |
| 5+ Bedrooms | $519.7K | $540.5K | +4.0% |
Summary: Mount Dora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Eustis | $336K | $347.1K | +3.3% |
| Mount Dora | $397.1K | $399.2K | 0.5% |
Housing Supply in Mount Dora, FL
How many homes are available in Mount Dora, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 266 | 269 | +1.1% |
Summary: The Mount Dora real estate market had 269 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 55 | 44 | -20.0% |
| 3 Bedrooms | 122 | 135 | +10.7% |
| 4 Bedrooms | 69 | 69 | 0.0% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Mount Dora 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 decreased by 20%, 3 bedroom homes increased by 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 59 | -1.7% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Dora, you may be able to get a good deal. 62.7% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Mount Dora in April 2024, down by 1.7% month-over-month. Of the 59 sold homes, 63% were sold under asking, 32% were sold at asking, and 5% were sold over asking.
Days on Market for Mount Dora, FL
How long does it take to sell a home in Mount Dora, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 49 Days | -22.0% |
Summary: Homes in Mount Dora had an average of 49 days on market in Apr 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Dora are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 59 homes were sold in Mount Dora; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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