Is Weston Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Weston Hills was a Seller's Market.
Key Takeaway
Weston Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Weston Hills, FL
How much do homes in Weston Hills, FL cost?
Median Sold Price
$1,291,250
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Weston Hills have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in Weston Hills was $1,291,250 in March 2024, down 6.4% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $817K | $770K | -5.8% |
| 4 Bedrooms | $1.2M | $1.2M | -4.0% |
| 5+ Bedrooms | $1.5M | $1.5M | -4.5% |
Summary: Weston Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Savanna | $762.5K | $765K | 0.3% |
| Weston Hills | $1.3M | $1.2M | -6.4% |
Housing Supply in Weston Hills, FL
How many homes are available in Weston Hills, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Weston Hills real estate market had 37 homes for sale in March 2024, a 23.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 19 | 23 | +21.1% |
Summary: The Weston Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 21.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weston Hills, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Weston Hills in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Weston Hills, FL
How long does it take to sell a home in Weston Hills, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 21 Days | -65.1% |
Summary: Homes in Weston Hills had an average of 21 days on market in Mar 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weston Hills are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Weston Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.