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North Lake Times

Sunday, November 24, 2024

How did home prices perform in Groveland during the second quarter of 2021?

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The median sale price of a home sold in the second quarter of 2021 in Groveland rose by $18,500 while total sales increased by 51.4%, according to BlockShopper.com.

From April through June of 2021, there were 53 homes sold, with a median sale price of $258,000 - a 7.7% increase over the $239,500 median sale price for the same period of the previous year. There were 35 homes sold in Groveland in the second quarter of 2020.

The median sales tax in Groveland for the most recent year with available data, 2016, was $1,919, approximately 0.7% of the median home sale price for the second quarter of 2021.

The following table compares Groveland to other Lake County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Clermont30119752.8%$310,000$269,90014.9%
Howey in the Hills151225%$305,000$220,00038.6%
Sorrento443141.9%$305,000$255,00019.6%
Mount Dora12160101.7%$282,500$245,00015.3%
Minneola35336.1%$275,000$245,00012.2%
Groveland533551.4%$258,000$239,5007.7%
Fruitland Park402466.7%$250,000$228,2509.5%
Astatula20-$249,500$0-
Lady Lake10541156.1%$239,985$210,00014.3%
Tavares1025778.9%$230,000$200,00015%
Yalaha9728.6%$229,900$245,000-6.2%

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