Is The Reserve at Wedgefield, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Reserve at Wedgefield has remained a Seller's Market.
Key Takeaway
The Reserve at Wedgefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Reserve at Wedgefield, FL
How much do homes in The Reserve at Wedgefield, FL cost?
Median Sold Price
$387,500
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Reserve at Wedgefield have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in The Reserve at Wedgefield was $387,500 in April 2024, down 3.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $389K | $380K | -2.3% |
| 4 Bedrooms | $450K | $420K | -6.7% |
| 5+ Bedrooms | $460K | - | N/A |
Summary: The Reserve at Wedgefield 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 decreased by 2.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Wedgefield | $513.9K | $520K | +1.2% |
| The Reserve at Wedgefield | $400K | $387.5K | -3.1% |
Housing Supply in The Reserve at Wedgefield, FL
How many homes are available in The Reserve at Wedgefield, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The The Reserve at Wedgefield real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Reserve at Wedgefield 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 increased by 75%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Reserve at Wedgefield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in The Reserve at Wedgefield in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for The Reserve at Wedgefield, FL
How long does it take to sell a home in The Reserve at Wedgefield, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 123 Days | +142.2% |
Summary: Homes in The Reserve at Wedgefield had an average of 123 days on market in Apr 2024, up by 142.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in The Reserve at Wedgefield are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in The Reserve at Wedgefield; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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