Is Fruitland Park-Lady Lake, 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, Fruitland Park-Lady Lake has remained a Seller's Market.
Housing Prices in Fruitland Park-Lady Lake, FL
How much do homes in Fruitland Park-Lady Lake, FL cost?
Median Sold Price
$289,750
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fruitland Park-Lady Lake was $289,750 in April 2024, down 9.3% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $215K | N/A |
2 Bedrooms | $255K | $230K | -9.8% |
3 Bedrooms | $330K | $340K | +3.0% |
4 Bedrooms | $410K | $363.9K | -11.2% |
5+ Bedrooms | $497.5K | $482.4K | -3.0% |
Summary: Fruitland Park-Lady Lake 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 9.8%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Fruitland Park | $320K | $340K | +6.3% |
Lady Lake | $317K | $309.5K | -2.3% |
The Villages | $389.3K | $379.9K | -2.4% |
Fruitland Park-Lady Lake | $319.5K | $289.7K | -9.3% |
Weirsdale | $450K | $364.5K | -19.0% |
Housing Supply in Fruitland Park-Lady Lake, FL
How many homes are available in Fruitland Park-Lady Lake, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
225 | 230 | +2.2% |
Summary: The Fruitland Park-Lady Lake real estate market had 230 homes for sale in April 2024, a 2.2% 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 | 72 | 73 | +1.4% |
3 Bedrooms | 105 | 107 | +1.9% |
4 Bedrooms | 39 | 41 | +5.1% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Fruitland Park-Lady Lake 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 1.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 43 | -6.5% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Fruitland Park-Lady Lake in April 2024, down by 6.5% month-over-month. Of the 43 sold homes, 58% were sold under asking, 14% were sold at asking, and 28% were sold over asking.
Days on Market for Fruitland Park-Lady Lake, FL
How long does it take to sell a home in Fruitland Park-Lady Lake, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 60 Days | +4.6% |
Summary: Homes in Fruitland Park-Lady Lake had an average of 60 days on market in Apr 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in Fruitland Park-Lady Lake; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.