Is Springtree Lakes, 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, Springtree Lakes has remained a Seller's Market.
Key Takeaway
Springtree Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springtree Lakes, FL
How much do homes in Springtree Lakes, FL cost?
Median Sold Price
$425,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Springtree Lakes have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Springtree Lakes was $425,000 in April 2024, up 16.4% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $316.5K | $350K | +10.6% |
| 3 Bedrooms | $445K | $462.5K | +3.9% |
| 4 Bedrooms | $325K | $501.5K | +54.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Springtree 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 increased by 10.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 54.3%, and 5+ bedroom homes did not change.
Housing Supply in Springtree Lakes, FL
How many homes are available in Springtree Lakes, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Springtree Lakes real estate market had 9 homes for sale in April 2024, a 50.0% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 2 | 7 | +250.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springtree 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 decreased by 50%, 3 bedroom homes increased by 250%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 Springtree Lakes, 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 Springtree Lakes in April 2024, down by 33.3% month-over-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 Springtree Lakes, FL
How long does it take to sell a home in Springtree Lakes, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 15 Days | -41.9% |
Summary: Homes in Springtree Lakes had an average of 15 days on market in Apr 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Springtree Lakes are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Springtree Lakes; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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