Is Wadeview Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wadeview Park has remained a Seller's Market.
Key Takeaway
Wadeview Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wadeview Park, FL
How much do homes in Wadeview Park, FL cost?
Median Sold Price
$472,000
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wadeview Park have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Wadeview Park was $472,000 in March 2024, up 2.6% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | - | N/A |
| 2 Bedrooms | $352.5K | $357.5K | +1.4% |
| 3 Bedrooms | $430.5K | $399K | -7.3% |
| 4 Bedrooms | $529K | $775K | +46.5% |
| 5+ Bedrooms | $915K | $825K | -9.8% |
Summary: Wadeview Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Wadeview Park | $460K | $472K | +2.6% |
| Delaney Park | $675K | $635K | -5.9% |
Housing Supply in Wadeview Park, FL
How many homes are available in Wadeview Park, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Wadeview Park real estate market had 24 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Wadeview Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wadeview Park, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Wadeview Park in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Wadeview Park, FL
How long does it take to sell a home in Wadeview Park, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 52 Days | +146.4% |
Summary: Homes in Wadeview Park had an average of 52 days on market in Mar 2024, up by 146.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wadeview Park has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Wadeview Park; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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