Is Winter Springs, 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, Winter Springs has remained a Seller's Market.
Housing Prices in Winter Springs, FL
How much do homes in Winter Springs, FL cost?
Median Sold Price
$430,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Winter Springs was $430,000 in May 2024, up 9% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171K | $152.5K | -10.8% |
2 Bedrooms | $251K | $270K | +7.6% |
3 Bedrooms | $367.5K | $395K | +7.5% |
4 Bedrooms | $540K | $530K | -1.9% |
5+ Bedrooms | $683.5K | $769K | +12.5% |
Summary: Winter Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
Longwood | $410.3K | $449.6K | +9.6% |
Winter Springs | $394.5K | $430K | +9.0% |
Oviedo | $451.2K | $486K | +7.7% |
Casselberry | $325K | $345.9K | +6.4% |
Casselberry-Altamonte Springs | $355.2K | $368.2K | +3.7% |
Housing Supply in Winter Springs, FL
How many homes are available in Winter Springs, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
226 | 210 | -7.1% |
Summary: The Winter Springs real estate market had 210 homes for sale in May 2024, a 7.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 21 | 0.0% |
3 Bedrooms | 116 | 96 | -17.2% |
4 Bedrooms | 67 | 76 | +13.4% |
5+ Bedrooms | 21 | 16 | -23.8% |
Summary: The Winter Springs 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 remained the same, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 60 | -10.4% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Winter Springs in May 2024, down by 10.4% month-over-month. Of the 60 sold homes, 52% were sold under asking, 27% were sold at asking, and 22% were sold over asking.
Days on Market for Winter Springs, FL
How long does it take to sell a home in Winter Springs, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 41 Days | +89.2% |
Summary: Homes in Winter Springs had an average of 41 days on market in May 2024, up by 89.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 60 homes were sold in Winter Springs; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.