Is Southwest Ranches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
At the same time last year, Southwest Ranches was a Seller's Market.
Key Takeaway
Southwest Ranches is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Southwest Ranches, FL cost?
Median Sold Price
$1,262,500
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
Key Takeaway
Homes in Southwest Ranches have sold for 48.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $941K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $660K | $841.2K | +27.5% |
| 4 Bedrooms | $810K | $1.0M | +31.8% |
| 5+ Bedrooms | $1.6M | $2.3M | +41.4% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Southwest Ranches | +48.5% |
| Weston | +24.8% |
| Cooper City | +21.3% |
| Miramar-Pembroke Pines | +15.6% |
| Pembroke Pines | +13.0% |
How many homes are available in Southwest Ranches, FL?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 29 | 33 | +13.8% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Ranches, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 26 Days | 130 Days | +387.2% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Southwest Ranches are taking a long time to sell, it's a good idea to negotiate on homes here.
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