Is Weston, 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, Weston was a Seller's Market.
Housing Prices in Weston, FL
How much do homes in Weston, FL cost?
Median Sold Price
$702,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Weston was $702,000 in April 2024, down 3.3% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $257.5K | +7.3% |
2 Bedrooms | $340K | $352.5K | +3.7% |
3 Bedrooms | $590K | $630K | +6.8% |
4 Bedrooms | $820K | $825K | +0.6% |
5+ Bedrooms | $1.2M | $1.2M | -1.2% |
Summary: Weston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Sunrise | $312.5K | $382.1K | +22.3% |
Davie | $469.3K | $503.3K | +7.2% |
Weston | $726.1K | $702K | -3.3% |
Southwest Ranches | $1.3M | $1.3M | -6.0% |
Housing Supply in Weston, FL
How many homes are available in Weston, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
251 | 297 | +18.3% |
Summary: The Weston real estate market had 297 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 49 | 57 | +16.3% |
3 Bedrooms | 62 | 65 | +4.8% |
4 Bedrooms | 58 | 71 | +22.4% |
5+ Bedrooms | 82 | 103 | +25.6% |
Summary: The Weston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 25.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 47 | -23.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Weston in April 2024, down by 23.0% month-over-month. Of the 47 sold homes, 79% were sold under asking, 6% were sold at asking, and 15% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 40 Days | -20.7% |
Summary: Homes in Weston had an average of 40 days on market in Apr 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Weston; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.