Is Westwinds Village, 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, Westwinds Village was a Seller's Market.
Key Takeaway
Westwinds Village 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 Westwinds Village, FL
How much do homes in Westwinds Village, FL cost?
Median Sold Price
$390,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Westwinds Village have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Westwinds Village was $390,000 in April 2024, down 8.5% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $135.5K | -11.1% |
| 2 Bedrooms | $275K | $316.5K | +15.1% |
| 3 Bedrooms | $449.5K | $440.7K | -1.9% |
| 4 Bedrooms | $527.5K | $599K | +13.6% |
| 5+ Bedrooms | $825K | $1.5M | +85.6% |
Summary: Westwinds Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 85.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Gulf Front Community | $368.2K | $452.5K | +22.9% |
| Parkside Colony | $429.9K | $465K | +8.2% |
| Westwinds Village | $426K | $390K | -8.5% |
Housing Supply in Westwinds Village, FL
How many homes are available in Westwinds Village, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 45 | +4.7% |
Summary: The Westwinds Village real estate market had 45 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westwinds Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westwinds Village, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Westwinds Village in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Westwinds Village, FL
How long does it take to sell a home in Westwinds Village, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 140 Days | 66 Days | -52.7% |
Summary: Homes in Westwinds Village had an average of 66 days on market in Apr 2024, down by 52.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Westwinds Village has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Westwinds Village; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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