Is West Sweetwater, 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, West Sweetwater was a Seller's Market.
Housing Prices in West Sweetwater, FL
How much do homes in West Sweetwater, FL cost?
Median Sold Price
$720,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Sweetwater was $720,000 in April 2024, up 22% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $390K | $532.5K | +36.5% |
3 Bedrooms | $491.5K | $620K | +26.1% |
4 Bedrooms | $639.5K | $755K | +18.1% |
5+ Bedrooms | $920K | $1.5M | +63.0% |
Summary: West Sweetwater 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 36.5%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 63%.
Housing Supply in West Sweetwater, FL
How many homes are available in West Sweetwater, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 52 | +15.6% |
Summary: The West Sweetwater real estate market had 52 homes for sale in April 2024, a 15.6% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The West Sweetwater 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 100%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in West Sweetwater in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for West Sweetwater, FL
How long does it take to sell a home in West Sweetwater, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 25 Days | -60.2% |
Summary: Homes in West Sweetwater had an average of 25 days on market in Apr 2024, down by 60.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in West Sweetwater; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.