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North Lake Times

Tuesday, November 26, 2024

Minneola home prices rise in the fourth quarter of 2019

Realestate5

The median sale price of a home sold in the fourth quarter of 2019 in Minneola rose by $16,051 while total sales increased by 12.5%, according to BlockShopper.com.

From October through December of 2019, there were 36 homes sold, with a median sale price of $243,551 - a 7.1% increase over the $227,500 median sale price for the same period of the previous year. There were 32 homes sold in Minneola in the fourth quarter of 2018.

The median sales tax in Minneola for the most recent year with available data, 2016, was $1,990, approximately 0.8% of the median home sale price for the fourth quarter of 2019.

The following table compares Minneola to other Lake County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Monteverde990%$399,900$283,00041.3%
Howey in the Hills12119.1%$356,500$262,576.2535.8%
Yalaha89-11.1%$253,000$260,000-2.7%
Clermont245259-5.4%$252,500$240,0005.2%
Minneola363212.5%$243,551$227,5007.1%
Sorrento412846.4%$225,000$206,0679.2%
Groveland3640-10%$222,750$215,0003.6%
Mount Dora856825%$220,000$212,5003.5%
Deland31200%$220,000$280,000-21.4%
Mascotte171421.4%$211,000$135,55055.7%
Lady Lake72711.4%$210,950$193,0009.3%

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