Is Meadow Woods, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Meadow Woods has remained a Seller's Market.
Key Takeaway
Meadow Woods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meadow Woods, FL
How much do homes in Meadow Woods, FL cost?
Median Sold Price
$406,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Meadow Woods have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Meadow Woods was $406,500 in May 2024, up 1.6% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | $252.4K | $275K | +8.9% |
| 3 Bedrooms | $365K | $369.9K | +1.4% |
| 4 Bedrooms | $469.9K | $470K | 0.0% |
| 5+ Bedrooms | $550K | $610K | +10.9% |
Summary: Meadow Woods 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 8.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.9%.
Housing Supply in Meadow Woods, FL
How many homes are available in Meadow Woods, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 170 | 146 | -14.1% |
Summary: The Meadow Woods real estate market had 146 homes for sale in May 2024, a 14.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 65 | 64 | -1.5% |
| 4 Bedrooms | 72 | 59 | -18.1% |
| 5+ Bedrooms | 20 | 15 | -25.0% |
Summary: The Meadow Woods housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 38.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meadow Woods, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Meadow Woods in May 2024, down by 7.5% month-over-month. Of the 37 sold homes, 59% were sold under asking, 32% were sold at asking, and 8% were sold over asking.
Days on Market for Meadow Woods, FL
How long does it take to sell a home in Meadow Woods, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 50 Days | +43.1% |
Summary: Homes in Meadow Woods had an average of 50 days on market in May 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meadow Woods are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 37 homes were sold in Meadow Woods; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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