Is Weston, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$701,388
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Weston was $701,388 in March 2024, down 3.4% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $257.5K | +7.3% |
2 Bedrooms | $340K | $357.5K | +5.1% |
3 Bedrooms | $592.5K | $617.7K | +4.3% |
4 Bedrooms | $825K | $810K | -1.8% |
5+ Bedrooms | $1.2M | $1.2M | -5.9% |
Summary: Weston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
Sunrise | $316K | $375K | +18.7% |
Davie | $469.7K | $500.8K | +6.6% |
Weston | $726.3K | $701.3K | -3.4% |
Southwest Ranches | $1.4M | $1.3M | -6.7% |
Housing Supply in Weston, FL
How many homes are available in Weston, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
230 | 261 | +13.5% |
Summary: The Weston real estate market had 261 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 39 | 58 | +48.7% |
3 Bedrooms | 67 | 59 | -11.9% |
4 Bedrooms | 47 | 57 | +21.3% |
5+ Bedrooms | 76 | 86 | +13.2% |
Summary: The Weston 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 increased by 48.7%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 52 | +8.3% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Weston in March 2024, up by 8.3% month-over-month. Of the 52 sold homes, 63% were sold under asking, 23% were sold at asking, and 13% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 45 Days | -16.9% |
Summary: Homes in Weston had an average of 45 days on market in Mar 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in Weston; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.