Is North Westside, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Westside was a Seller's Market.
Key Takeaway
North Westside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Westside, FL
How much do homes in North Westside, FL cost?
Median Sold Price
$466,750
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Westside have sold for 10% more than they did a year ago.
Summary: The median home sold price in North Westside was $466,750 in March 2024, up 10% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $255K | +13.3% |
| 2 Bedrooms | $300K | $330K | +10.0% |
| 3 Bedrooms | $490.9K | $529K | +7.8% |
| 4 Bedrooms | $695K | $730K | +5.0% |
| 5+ Bedrooms | $1.1M | $1.1M | +6.8% |
Summary: North Westside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| North Westside | $424.2K | $466.7K | +10.0% |
| Doral | $520.1K | $570K | +9.6% |
| Miami Springs | $661.2K | $677.5K | +2.5% |
Housing Supply in North Westside, FL
How many homes are available in North Westside, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 608 | 694 | +14.1% |
Summary: The North Westside real estate market had 694 homes for sale in March 2024, a 14.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 82 | 95 | +15.9% |
| 2 Bedrooms | 187 | 209 | +11.8% |
| 3 Bedrooms | 196 | 238 | +21.4% |
| 4 Bedrooms | 90 | 99 | +10.0% |
| 5+ Bedrooms | 53 | 53 | 0.0% |
Summary: The North Westside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 82 | +1.2% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Westside, you may be able to get a good deal. 72% of homes here sold below asking price last month.
Summary: A total of 82 homes were sold or pending in North Westside in March 2024, up by 1.2% month-over-month. Of the 82 sold homes, 72% were sold under asking, 20% were sold at asking, and 9% were sold over asking.
Days on Market for North Westside, FL
How long does it take to sell a home in North Westside, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 61 Days | +17.5% |
Summary: Homes in North Westside had an average of 61 days on market in Mar 2024, up by 17.5% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Westside are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 82 homes were sold in North Westside; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
© 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.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.