Is Windermere, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Windermere has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $335K | $370K | +10.4% |
3 Bedrooms | $500K | $460K | -8.0% |
4 Bedrooms | $852K | $765K | -10.2% |
5+ Bedrooms | $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 | $500.4K | $533.9K | +6.7% |
Windermere | $770K | $755.9K | -1.8% |
Housing Supply in Windermere, FL
How many homes are available in Windermere, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
283 | 294 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 81 | 77 | -4.9% |
4 Bedrooms | 90 | 99 | +10.0% |
5+ Bedrooms | 106 | 110 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 61 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 41 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
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.