Is Southwest Glades, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Southwest Glades was a Seller's Market.
Housing Prices in Southwest Glades, FL
How much do homes in Southwest Glades, FL cost?
Median Sold Price
$320,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Southwest Glades was $320,000 in February 2024, up 25.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220.9K | $204K | -7.7% |
3 Bedrooms | $282K | $324.7K | +15.1% |
4 Bedrooms | $282.4K | $338.5K | +19.8% |
5+ Bedrooms | $360K | - | N/A |
Summary: Southwest Glades housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Southwest Glades | $254.9K | $320K | +25.5% |
Northeast Glades | $252K | $255K | +1.2% |
Housing Supply in Southwest Glades, FL
How many homes are available in Southwest Glades, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
39 | 34 | -12.8% |
Summary: The Southwest Glades real estate market had 34 homes for sale in February 2024, a 12.8% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 7 | 2 | -71.4% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Southwest Glades housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Southwest Glades in February 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Southwest Glades, FL
How long does it take to sell a home in Southwest Glades, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
45 Days | 88 Days | +94.3% |
Summary: Homes in Southwest Glades had an average of 88 days on market in Feb 2024, up by 94.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Southwest Glades; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.