Is Shadow Lawn, 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, Shadow Lawn has remained a Neutral Market.
Key Takeaway
Shadow Lawn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shadow Lawn, FL
How much do homes in Shadow Lawn, FL cost?
Median Sold Price
$1,195,000
$709/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Shadow Lawn have sold for 49.4% more than they did a year ago.
Summary: The median home sold price in Shadow Lawn was $1,195,000 in April 2024, up 49.4% from last year, and the median price per square foot was $709.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $662.5K | $720K | +8.7% |
| 3 Bedrooms | $800K | $1.0M | +27.4% |
| 4 Bedrooms | $685K | $1.5M | +126.3% |
| 5+ Bedrooms | $1.2M | $2.5M | +100.0% |
Summary: Shadow Lawn 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 increased by 8.7%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 126.3%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Neighborhoods
| Shadow Lawn | $800K | $1.1M | +49.4% |
| Buena Vista | $605K | $650K | +7.4% |
Housing Supply in Shadow Lawn, FL
How many homes are available in Shadow Lawn, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Shadow Lawn real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Shadow Lawn 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 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shadow Lawn, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Shadow Lawn in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Shadow Lawn, FL
How long does it take to sell a home in Shadow Lawn, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 127 Days | +880.8% |
Summary: Homes in Shadow Lawn had an average of 127 days on market in Apr 2024, up by 880.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shadow Lawn are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 2 homes were sold in Shadow Lawn; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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