Is Clewiston, 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, Clewiston was a Seller's Market.
Key Takeaway
Clewiston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clewiston, FL
How much do homes in Clewiston, FL cost?
Median Sold Price
$284,500
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clewiston have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in Clewiston was $284,500 in May 2024, up 13.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $190K | $250K | +31.6% |
| 3 Bedrooms | $304.9K | $284.5K | -6.7% |
| 4 Bedrooms | $267.5K | $335K | +25.2% |
| 5+ Bedrooms | $362K | $340K | -6.1% |
Summary: Clewiston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Clewiston | $250K | $284.5K | +13.8% |
| Southwest Glades | $310K | $326.3K | +5.3% |
Housing Supply in Clewiston, FL
How many homes are available in Clewiston, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 68 | 65 | -4.4% |
Summary: The Clewiston real estate market had 65 homes for sale in May 2024, a 4.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Clewiston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clewiston, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Clewiston in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Clewiston, FL
How long does it take to sell a home in Clewiston, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 63 Days | 48 Days | -24.8% |
Summary: Homes in Clewiston had an average of 48 days on market in May 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clewiston are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Clewiston; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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