Is The Crest at Waterford Lakes Condominiums, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Crest at Waterford Lakes Condominiums is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, The Crest at Waterford Lakes Condominiums has remained a Seller's Market.

Key Takeaway

The Crest at Waterford Lakes Condominiums is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Crest at Waterford Lakes Condominiums, FL

How much do homes in The Crest at Waterford Lakes Condominiums, FL cost?

Median Sold Price

$220,000

$254/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$15,000(-6.4%)

Key Takeaway

Homes in The Crest at Waterford Lakes Condominiums have sold for 6.4% less than they did a month ago.

Summary: The median home sold price in The Crest at Waterford Lakes Condominiums was $220,000 in April 2024, down 6.4% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $197.5K$195K
-1.3%
2 $240.5K$245K
+1.9%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: The Crest at Waterford Lakes Condominiums housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Crest at Waterford Lakes Condominiums, FL

How many homes are available in The Crest at Waterford Lakes Condominiums, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The The Crest at Waterford Lakes Condominiums real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 32
-33.3%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The The Crest at Waterford Lakes Condominiums 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Crest at Waterford Lakes Condominiums, 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 The Crest at Waterford Lakes Condominiums 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 The Crest at Waterford Lakes Condominiums, FL

How long does it take to sell a home in The Crest at Waterford Lakes Condominiums, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
37 Days43 Days+16.2%

Summary: Homes in The Crest at Waterford Lakes Condominiums had an average of 43 days on market in Apr 2024, up by 16.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Crest at Waterford Lakes Condominiums are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in The Crest at Waterford Lakes Condominiums; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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