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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Windermere is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Windermere has remained a Seller's Market.

Key Takeaway

Windermere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Windermere, FL

How much do homes in Windermere, FL cost?

Median Sold Price

$755,928

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$14,071(-1.8%)

Key Takeaway

Homes in Windermere have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Windermere was $755,928 in March 2024, down 1.8% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $335K$370K
+10.4%
3 $500K$460K
-8.0%
4 $852K$765K
-10.2%
5+ $1.2M$1.5M
+27.6%

Summary: Windermere housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 27.6%.

Median Sold Price Compared To Nearby Cities

Southwest Orange
+6.7%
Windermere
-1.8%

Housing Supply in Windermere, FL

How many homes are available in Windermere, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
283294+3.9%

Summary: The Windermere real estate market had 294 homes for sale in March 2024, a 3.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 8177
-4.9%
4 9099
+10.0%
5+ 106110
+3.8%

Summary: The Windermere 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 33.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 3.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3961+56.4%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 61 homes were sold or pending in Windermere in March 2024, up by 56.4% month-over-month. Of the 61 sold homes, 79% were sold under asking, 13% were sold at asking, and 8% were sold over asking.

Days on Market for Windermere, FL

How long does it take to sell a home in Windermere, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days41 Days-21.9%

Summary: Homes in Windermere had an average of 41 days on market in Mar 2024, down by 21.9% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 61 homes were sold in Windermere; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 15% 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 24 Days Ago

Newest Listings in Windermere, FL

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