Is Wedgefield, 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, Wedgefield was a Seller's Market.
Housing Prices in Wedgefield, FL
How much do homes in Wedgefield, FL cost?
Median Sold Price
$520,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wedgefield was $520,000 in April 2024, up 1.2% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $307.4K | $279.9K | -8.9% |
3 Bedrooms | $415K | $400K | -3.6% |
4 Bedrooms | $590K | $650K | +10.2% |
5+ Bedrooms | $772K | $735K | -4.8% |
Summary: 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 decreased by 8.9%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
Wedgefield | $513.9K | $520K | +1.2% |
Alafaya | $439.6K | $444.7K | +1.2% |
The Reserve at Wedgefield | $400K | $387.5K | -3.1% |
Housing Supply in Wedgefield, FL
How many homes are available in Wedgefield, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 62 | +8.8% |
Summary: The Wedgefield real estate market had 62 homes for sale in April 2024, a 8.8% 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 | 24 | 23 | -4.2% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 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 decreased by 4.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wedgefield in April 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Wedgefield, FL
How long does it take to sell a home in Wedgefield, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 47 Days | -19.7% |
Summary: Homes in Wedgefield had an average of 47 days on market in Apr 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Wedgefield; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.