Is Windermere, 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, Windermere has remained a Seller's Market.
Key Takeaway
Windermere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windermere, FL
How much do homes in Windermere, FL cost?
Median Sold Price
$754,226
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Windermere have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Windermere was $754,226 in May 2024, up 3.8% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.5K | $380K | +12.6% |
| 3 Bedrooms | $500K | $445K | -11.0% |
| 4 Bedrooms | $822.4K | $763.3K | -7.2% |
| 5+ Bedrooms | $1.2M | $1.6M | +31.8% |
Summary: Windermere 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 12.6%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
| Southwest Orange | $501.8K | $539.9K | +7.6% |
| Windermere | $726.7K | $754.2K | +3.8% |
Housing Supply in Windermere, FL
How many homes are available in Windermere, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 307 | 311 | +1.3% |
Summary: The Windermere real estate market had 311 homes for sale in May 2024, a 1.3% increase 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 82 | 72 | -12.2% |
| 4 Bedrooms | 104 | 105 | +1.0% |
| 5+ Bedrooms | 116 | 128 | +10.3% |
Summary: The Windermere 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 increased by 20%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 54 | -5.3% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windermere, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Windermere in May 2024, down by 5.3% month-over-month. Of the 54 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Windermere, FL
How long does it take to sell a home in Windermere, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 40 Days | -2.7% |
Summary: Homes in Windermere had an average of 40 days on market in May 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Windermere are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 54 homes were sold in Windermere; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.