Is Whitney 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, Whitney Lakes was a Seller's Market.
Key Takeaway
Whitney Lakes 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 Whitney Lakes, FL
How much do homes in Whitney Lakes, FL cost?
Median Sold Price
$261,750
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Whitney Lakes have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Whitney Lakes was $261,750 in April 2024, down 4.8% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $192.5K | -10.5% |
| 2 Bedrooms | $278.7K | $264.2K | -5.2% |
| 3 Bedrooms | $337K | $386K | +14.5% |
| 4 Bedrooms | $644K | $520K | -19.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Whitney Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes did not change.
Housing Supply in Whitney Lakes, FL
How many homes are available in Whitney Lakes, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 55 | +10.0% |
Summary: The Whitney Lakes real estate market had 55 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Whitney 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 8.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Whitney Lakes, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Whitney Lakes in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Whitney Lakes, FL
How long does it take to sell a home in Whitney Lakes, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 89 Days | +312.7% |
Summary: Homes in Whitney Lakes had an average of 89 days on market in Apr 2024, up by 312.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Whitney Lakes has remained consistent over time.
Summary: During April 2024, 8 homes were sold in Whitney Lakes; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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