Mount Dora home prices fall in October 2020

Medium realestate3

The median sale price of a home sold in October 2020 in Mount Dora fell by $2,000 while total sales increased by 48.3%, according to BlockShopper.com.

In October 2020, there were 43 homes sold, with a median sale price of $248,000 - a 0.8% decrease over the $250,000 median sale price for the same period of the previous year. There were 29 homes sold in Mount Dora in October 2019.

The median sales tax in Mount Dora for the most recent year with available data, 2016, was $2,262, approximately 0.9% of the median home sale price for October 2020.

The following table compares Mount Dora to other Lake County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Astatula23-33.3%$360,000$210,00071.4%
Sorrento1617-5.9%$289,000$214,90034.5%
Clermont7895-17.9%$283,000$254,00011.4%
Umatilla8714.3%$250,000$180,00038.9%
Minneola1316-18.8%$250,000$241,555.503.5%
Mount Dora432948.3%$248,000$250,000-0.8%
Lady Lake25250%$235,000$193,00021.8%
Fruitland Park151315.4%$235,000$150,00056.7%
Tavares262030%$225,000$225,0000%
Groveland141040%$223,500$232,750-4%
Eustis3247-31.9%$205,750$189,0008.9%

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