Is North Lakes, 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, North Lakes was a Seller's Market.
Housing Prices in North Lakes, FL
How much do homes in North Lakes, FL cost?
Median Sold Price
$855,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Lakes was $855,000 in April 2024, up 10.7% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $637.5K | $629K | -1.3% |
4 Bedrooms | $817.5K | $860K | +5.2% |
5+ Bedrooms | $1.1M | $1.0M | -9.1% |
Summary: North Lakes 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 did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Neighborhoods
North Lakes | $772.5K | $855K | +10.7% |
Bonaventure | $341.2K | $375K | +9.9% |
Housing Supply in North Lakes, FL
How many homes are available in North Lakes, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Summary: The North Lakes real estate market had 17 homes for sale in April 2024, a 54.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The North Lakes 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in North Lakes in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Lakes, FL
How long does it take to sell a home in North Lakes, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 73 Days | +81.0% |
Summary: Homes in North Lakes had an average of 73 days on market in Apr 2024, up by 81% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in North Lakes; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.