Is Weirsdale, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weirsdale is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Weirsdale was a Buyer's Market.

Key Takeaway

Weirsdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Weirsdale, FL

How much do homes in Weirsdale, FL cost?

Median Sold Price

$340,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$105,000(-23.6%)

Key Takeaway

Homes in Weirsdale have sold for 23.6% less than they did a year ago.

Summary: The median home sold price in Weirsdale was $340,000 in May 2024, down 23.6% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$110K
N/A
2 $375K$134K
-64.3%
3 $415K$370K
-10.8%
4 $440K$340K
-22.7%
5+ $1.4M$289.7K
-79.3%

Summary: Weirsdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 79.3%.

Median Sold Price Compared To Nearby Cities

Lady Lake
-3.3%
Summerfield
-4.0%
Fruitland Park-Lady Lake
-7.9%
Weirsdale
-23.6%

Housing Supply in Weirsdale, FL

How many homes are available in Weirsdale, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1914-26.3%

Summary: The Weirsdale real estate market had 14 homes for sale in May 2024, a 26.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1210
-16.7%
4 31
-66.7%
5+ 22
0.0%

Summary: The Weirsdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weirsdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Weirsdale in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Weirsdale, FL

How long does it take to sell a home in Weirsdale, FL?

Average Sale Time

May 2023May 2024CHANGE
188 Days137 Days-27.3%

Summary: Homes in Weirsdale had an average of 137 days on market in May 2024, down by 27.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Weirsdale are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Weirsdale; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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