Is Twin Lakes Village East Condominiums, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twin Lakes Village East Condominiums is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Twin Lakes Village East Condominiums was a Seller's Market.

Key Takeaway

Twin Lakes Village East Condominiums 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 Twin Lakes Village East Condominiums, FL

How much do homes in Twin Lakes Village East Condominiums, FL cost?

Median Sold Price

$120,000

$121/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Twin Lakes Village East Condominiums has remained the same since last year.

Summary: The median home sold price in Twin Lakes Village East Condominiums was $120,000 in April 2024, the same as last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $92.4K$108.5K
+17.4%
2 $122K$123K
+0.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Twin Lakes Village East Condominiums housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Twin Lakes Village East Condominiums
0.0%
Silver Springs Shores
-1.2%

Housing Supply in Twin Lakes Village East Condominiums, FL

How many homes are available in Twin Lakes Village East Condominiums, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24240.0%

Summary: The Twin Lakes Village East Condominiums real estate market had 24 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 2122
+4.8%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Twin Lakes Village East Condominiums housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.8%, 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
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twin Lakes Village East Condominiums, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Twin Lakes Village East Condominiums in April 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Twin Lakes Village East Condominiums, FL

How long does it take to sell a home in Twin Lakes Village East Condominiums, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days61 Days+104.2%

Summary: Homes in Twin Lakes Village East Condominiums had an average of 61 days on market in Apr 2024, up by 104.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Twin Lakes Village East Condominiums has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Twin Lakes Village East Condominiums; 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.

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

Report Updated 1 Day Ago

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