Is Signature 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, Signature Lakes was a Seller's Market.
Housing Prices in Signature Lakes, FL
How much do homes in Signature Lakes, FL cost?
Median Sold Price
$265,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Signature Lakes was $265,000 in April 2024, down 3.6% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $135K | N/A |
2 Bedrooms | $203.8K | $172.5K | -15.4% |
3 Bedrooms | $255.5K | $250.5K | -2.0% |
4 Bedrooms | $375K | $440K | +17.3% |
5+ Bedrooms | $540.5K | $1.0M | +102.6% |
Summary: Signature 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 decreased by 15.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 102.6%.
Median Sold Price Compared To Nearby Neighborhoods
Horizon West | $540K | $559K | +3.5% |
Signature Lakes | $275K | $265K | -3.6% |
Housing Supply in Signature Lakes, FL
How many homes are available in Signature Lakes, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 72 | +18.0% |
Summary: The Signature Lakes real estate market had 72 homes for sale in April 2024, a 18.0% 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 | 11 | 12 | +9.1% |
3 Bedrooms | 27 | 36 | +33.3% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Signature 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 increased by 9.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Signature Lakes in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Signature Lakes, FL
How long does it take to sell a home in Signature Lakes, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 26 Days | -46.6% |
Summary: Homes in Signature Lakes had an average of 26 days on market in Apr 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Signature Lakes; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.