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Lake County Real Estate Market Update

Lake County, FL Real Estate Market Update | January 2023

Are you considering buying or selling a home in Lake County? If so, you’re likely curious about the state of the local real estate market. You may have heard reports from friends or family that it’s a buyer’s or seller’s market; however, understanding exactly what factors determine this can be difficult to decipher. We’ll provide in-depth information about the Lake County real estate market and discuss how current trends are impacting buyers and sellers. With insights into recent price changes, inventory levels, and other key indicators, you can gain an understanding of where the local housing industry stands today.   If you have more Questions About the Lake County Housing Market, be sure to check our post.  

CONTACT US if you have more questions about your Lake County real estate journey!

Mortgage Rates

Mortgage Rates

The rapid rise in mortgage rates heavily impacted the housing market in 2022.

Homebuyer Opportunity

Homebuyer Opportunity

Homebuyers have a unique opportunity in today’s market.

Home Prices

Price Reduction

Only a small percentage of homes are seeing price reductions.

Current Real Estate Market Trends in Lake County

Lake County Average Days on Market

Lake County Active Listings

Lake County Average Sales Price to List Price Ratio

Lake County Supply and Demand

Stellar MLS - November 2022 Statistics

Stellar MLS December 2022 Residential Stats – This report represents all residential listings in the Stellar MLS coverage area for December 2022.
For the Stellar MLS Florida coverage area, notable statistics state that:
* New Listings declined by 16% month over month and 17% year over year, while Active Listings inventory has doubled from last year, an increase of 99% from the same month a year ago.
* The number of units sold increased from the previous month but declined year over year. Inventory increased for the same time frame.
* Total Sales Volume increased by 14% month over month and by 31% year over year.
* Average Days on Market has increased month over month and by 95% from the same month last year.

December 2022 Lake County Market Update

Lake County Market Report Archives

Stacy Bracewell & Shannon King
Author: Stacy Bracewell & Shannon King

Hi and welcome to Life in Lake! We are excited to share our amazing community with you. If we can help in any way, don't hesitate to reach out. Stacy Bracewell and Shannon King, REALTORS®

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