Is Weston, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weston is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Weston was a Seller's Market.

Key Takeaway

Weston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$24,166(-3.3%)

Key Takeaway

Homes in Weston have sold for 3.3% less than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $240K$257.5K
+7.3%
2 $340K$352.5K
+3.7%
3 $590K$630K
+6.8%
4 $820K$825K
+0.6%
5+ $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
+22.3%
Davie
+7.2%
Weston
-3.3%
Southwest Ranches
-6.0%

Housing Supply in Weston, FL

How many homes are available in Weston, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
251297+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

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 4957
+16.3%
3 6265
+4.8%
4 5871
+22.4%
5+ 82103
+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 2024Apr 2024CHANGE
6147-23.0%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weston, you may be able to get a good deal. 78.7% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
50 Days40 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Weston are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

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