Is The Waterways, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, The Waterways was a Seller's Market.
Key Takeaway
The Waterways is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Waterways, FL
How much do homes in The Waterways, FL cost?
Median Sold Price
$685,000
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Waterways have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in The Waterways was $685,000 in April 2024, up 10.5% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $532.5K | $565K | +6.1% |
| 3 Bedrooms | $625K | $724K | +15.8% |
| 4 Bedrooms | $2.0M | $860K | -57.0% |
| 5+ Bedrooms | $2.7M | - | N/A |
Summary: The Waterways 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 increased by 6.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 57%, and 5+ bedroom homes did not change.
Housing Supply in The Waterways, FL
How many homes are available in The Waterways, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 85 | +18.1% |
Summary: The The Waterways real estate market had 85 homes for sale in April 2024, a 18.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 26 | 37 | +42.3% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The The Waterways 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 increased by 42.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Waterways, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in The Waterways in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for The Waterways, FL
How long does it take to sell a home in The Waterways, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 60 Days | 45 Days | -24.5% |
Summary: Homes in The Waterways had an average of 45 days on market in Apr 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in The Waterways are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in The Waterways; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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