Is Weston, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$701,250
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Weston was $701,250 in February 2024, down 3.1% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.5K | $257.5K | +6.2% |
2 Bedrooms | $335.5K | $360K | +7.3% |
3 Bedrooms | $590K | $610K | +3.4% |
4 Bedrooms | $830K | $807.5K | -2.7% |
5+ Bedrooms | $1.2M | $1.2M | -4.0% |
Summary: Weston housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
Sunrise | $306.7K | $370.5K | +20.8% |
Davie | $460K | $503.3K | +9.4% |
Weston | $723.6K | $701.2K | -3.1% |
Southwest Ranches | $1.4M | $1.2M | -11.3% |
Housing Supply in Weston, FL
How many homes are available in Weston, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
224 | 250 | +11.6% |
Summary: The Weston real estate market had 250 homes for sale in February 2024, a 11.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 44 | 48 | +9.1% |
3 Bedrooms | 56 | 68 | +21.4% |
4 Bedrooms | 57 | 52 | -8.8% |
5+ Bedrooms | 64 | 81 | +26.6% |
Summary: The Weston housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 26.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
43 | 39 | -9.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Weston in February 2024, down by 9.3% month-over-month. Of the 39 sold homes, 64% were sold under asking, 31% were sold at asking, and 5% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
53 Days | 55 Days | +3.0% |
Summary: Homes in Weston had an average of 55 days on market in Feb 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During February 2024, 39 homes were sold in Weston; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.