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North Lake Times

Monday, November 25, 2024

Lady Lake home prices fall in the third quarter of 2019

Realestate5

The median sale price of a home sold in the third quarter of 2019 in Lady Lake fell by $4,500 while total sales increased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were 68 homes sold, with a median sale price of $195,500 - a 2.3% decrease over the $200,000 median sale price for the same period of the previous year. There were 51 homes sold in Lady Lake in the third quarter of 2018.

The median sales tax in Lady Lake for the most recent year with available data, 2015, was $1,944, approximately 1% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Sorrento40378.1%$243,500$235,5003.4%
Howey in the Hills1217-29.4%$234,950$184,00027.7%
Minneola3941-4.9%$230,000$223,0003.1%
Mount Dora83795.1%$228,000$200,00014%
Groveland574721.3%$208,500$225,000-7.3%
Lady Lake685133.3%$195,500$200,000-2.3%
Fruitland Park3044-31.8%$195,000$145,75033.8%
Yalaha10911.1%$187,500$230,000-18.5%
Eustis12511112.6%$185,300$176,0005.3%
Grand Island1820-10%$182,500$193,500-5.7%
Tavares706311.1%$182,250$180,0001.3%

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