Is Villas, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Villas was a Seller's Market.
Housing Prices in Villas, FL
How much do homes in Villas, FL cost?
Median Sold Price
$270,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Villas was $270,000 in May 2024, up 6.9% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.5K | $163.7K | +3.3% |
2 Bedrooms | $229K | $230K | 0.4% |
3 Bedrooms | $400K | $391K | -2.3% |
4 Bedrooms | $505K | $562.5K | +11.4% |
5+ Bedrooms | $535K | $1.0M | +96.3% |
Summary: Villas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 96.3%.
Median Sold Price Compared To Nearby Neighborhoods
Heritage Palms | $359.2K | $390K | +8.6% |
Villas | $252.5K | $270K | +6.9% |
Page Park / Page Field | $242.4K | $250K | +3.1% |
Pine Manor | $254K | $259.2K | +2.1% |
Cross Creek | $300K | $281.5K | -6.2% |
Housing Supply in Villas, FL
How many homes are available in Villas, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
265 | 283 | +6.8% |
Summary: The Villas real estate market had 283 homes for sale in May 2024, a 6.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 20 | -4.8% |
2 Bedrooms | 136 | 148 | +8.8% |
3 Bedrooms | 82 | 92 | +12.2% |
4 Bedrooms | 23 | 20 | -13.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Villas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 26 | -25.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Villas in May 2024, down by 25.7% month-over-month. Of the 26 sold homes, 85% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Villas, FL
How long does it take to sell a home in Villas, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 51 Days | +48.2% |
Summary: Homes in Villas had an average of 51 days on market in May 2024, up by 48.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Villas; 42% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.