Is Weston, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Weston has remained a Seller's Market.
Housing Prices in Weston, FL
How much do homes in Weston, FL cost?
Median Sold Price
$720,944
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Weston was $720,944 in June 2024, down 0.2% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $244K | $257.5K | +5.5% |
2 Bedrooms | $355K | $345K | -2.8% |
3 Bedrooms | $590K | $650K | +10.2% |
4 Bedrooms | $820K | $825K | +0.6% |
5+ Bedrooms | $1.1M | $1.2M | +8.6% |
Summary: Weston housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Southwest Ranches | $1.0M | $1.5M | +37.6% |
Sunrise | $339.9K | $379.8K | +11.7% |
Davie | $469.8K | $509.3K | +8.4% |
Weston | $722.5K | $720.9K | -0.2% |
Housing Supply in Weston, FL
How many homes are available in Weston, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
284 | 288 | +1.4% |
Summary: The Weston real estate market had 288 homes for sale in June 2024, a 1.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 59 | 61 | +3.4% |
3 Bedrooms | 52 | 40 | -23.1% |
4 Bedrooms | 71 | 80 | +12.7% |
5+ Bedrooms | 99 | 103 | +4.0% |
Summary: The Weston housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
62 | 49 | -21.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Weston in June 2024, down by 21.0% month-over-month. Of the 49 sold homes, 76% were sold under asking, 10% were sold at asking, and 14% were sold over asking.
Days on Market for Weston, FL
How long does it take to sell a home in Weston, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 25 Days | +10.6% |
Summary: Homes in Weston had an average of 25 days on market in Jun 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 49 homes were sold in Weston; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.