Blue Springs Reserve Townhomes
Homes for Sale in Groveland, FL

Blue Springs Reserve Townhomes market snapshot (as of September 12, 2026): the median sale price is about $337K ($158 per sq ft over the trailing 12 months of closed sales), and a median 123 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).

In ZIP 34737 (Groveland), 115 homes closed in the last 12 months at a median of $381K ($169/sq ft), down 5.5% year over year, with a median 80 days on market. Right now 12 active and 6 pending listings put supply at about 3.4 months — a buyer's market. See the live ZIP 34737 housing market and the Lake County market.

Stellar MLS sales records identify 29 homes in Blue Springs Reserve Townhomes that have changed hands since 2024, built between 2024 and 2026 (median 2025), with a median living area of about 2,144 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Blue Springs Reserve Townhomes Phase 1 is a newer townhome community in Groveland, Lake County, trading in the mid-$330s with a thin, slow-moving resale market built on a modest window of closings.

With only 15 closings in the measured window, this is a small dataset — one or two atypical sales can swing the median, so treat every figure as directional rather than precise. A median near $158 per square foot combined with a 100-day median tells you the pace is deliberate; homes are moving, but not quickly, and buyers are taking their time.

The 4.4% year-over-year decline is the number sellers should sit with. It is not a collapse, but it does mean the community has not held its prior pricing, and the long days on market reinforce that. Condition and finish are doing the heavy lifting on price here, so the spread between a well-kept unit and a tired one can be meaningful.

In a small, slow market like this one, comps are scarce and easy to misread. We read the closings behind the median, tell you when a listing is priced to sit versus priced to sell, and we will walk you off a unit that does not fit rather than talk you into it.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.