Is Western Community, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Western Community has remained a Seller's Market.
Key Takeaway
Western Community is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Western Community, FL cost?
Median Sold Price
$572,486
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
Key Takeaway
Homes in Western Community have sold for 31.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $280K | N/A |
| 2 Bedrooms | $203K | $375K | +84.7% |
| 3 Bedrooms | $375K | $482.3K | +28.6% |
| 4 Bedrooms | $500K | $650K | +30.0% |
| 5+ Bedrooms | $625K | $857.6K | +37.2% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Western Community | +31.6% |
| Loxahatchee | +29.5% |
| West Palm Beach | +26.4% |
| Palm Beach Gardens | +21.1% |
| Royal Palm Beach-West Jupiter | +20.5% |
How many homes are available in Western Community, FL?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 188 | 195 | +3.7% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 87 | 94 | +8.0% |
| 4 Bedrooms | 68 | 69 | +1.5% |
| 5+ Bedrooms | 25 | 24 | -4.0%  |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 50 | 50 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Western Community, you could pay more than the asking price. 46% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 38 Days | 16 Days | -56.7% |
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Western Community are selling fast, if you're buying plan to act quickly.
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