Is West Meadows, 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, West Meadows has remained a Seller's Market.
Housing Prices in West Meadows, FL
How much do homes in West Meadows, FL cost?
Median Sold Price
$517,450
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Meadows was $517,450 in April 2024, up 8.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $292.5K | $289.5K | -1.0% |
3 Bedrooms | $399.9K | $405K | +1.3% |
4 Bedrooms | $575.3K | $614.9K | +6.9% |
5+ Bedrooms | $716.5K | $630K | -12.1% |
Summary: West Meadows 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 1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Neighborhoods
West Meadows | $475.7K | $517.4K | +8.8% |
Richmond Place | $230K | $241K | +4.8% |
Grand Hampton | $575K | $595K | +3.5% |
Pebble Creek | $450K | $437.9K | -2.7% |
Pebble Creek Village | $447K | $430K | -3.8% |
Housing Supply in West Meadows, FL
How many homes are available in West Meadows, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The West Meadows real estate market had 23 homes for sale in April 2024, a 8.0% decrease 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 | 5 | 3 | -40.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The West Meadows 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 decreased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in West Meadows in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for West Meadows, FL
How long does it take to sell a home in West Meadows, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 48 Days | +210.2% |
Summary: Homes in West Meadows had an average of 48 days on market in Apr 2024, up by 210.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in West Meadows; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.