Is Reunion West Village North, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reunion West Village North is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Reunion West Village North was a Seller's Market.

Key Takeaway

Reunion West Village North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Reunion West Village North, FL

How much do homes in Reunion West Village North, FL cost?

Median Sold Price

$1,506,650

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$238,386(-13.7%)

Key Takeaway

Homes in Reunion West Village North have sold for 13.7% less than they did a year ago.

Summary: The median home sold price in Reunion West Village North was $1,506,650 in April 2024, down 13.7% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$466.5K
N/A
4 $1.1M$770K
-34.7%
5+ $1.7M$1.7M
-3.5%

Summary: Reunion West Village North housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 34.7%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

Reunion
+11.7%
Four Corners
-1.4%
Villas At Reunion Square
-6.0%
Reunion West Village North
-13.7%

Housing Supply in Reunion West Village North, FL

How many homes are available in Reunion West Village North, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4945-8.2%

Summary: The Reunion West Village North real estate market had 45 homes for sale in April 2024, a 8.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 33
0.0%
5+ 3531
-11.4%

Summary: The Reunion West Village North housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reunion West Village North, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Reunion West Village North in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Reunion West Village North, FL

How long does it take to sell a home in Reunion West Village North, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
79 Days322 Days+304.2%

Summary: Homes in Reunion West Village North had an average of 322 days on market in Apr 2024, up by 304.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Reunion West Village North are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Reunion West Village North; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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