Is Windmill Lake Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Windmill Lake Estates has remained a Seller's Market.
Key Takeaway
Windmill Lake Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windmill Lake Estates, FL
How much do homes in Windmill Lake Estates, FL cost?
Median Sold Price
$404,067
$209/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Windmill Lake Estates have sold for 5.6% less than they did a month ago.
Summary: The median home sold price in Windmill Lake Estates was $404,067 in March 2024, down 5.6% from last month, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $390.1K | $382.4K | -2.0% |
| 4 Bedrooms | $423.8K | $404K | -4.7% |
| 5+ Bedrooms | $470.9K | $480.4K | +2.0% |
Summary: Windmill Lake Estates housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 2%.
Housing Supply in Windmill Lake Estates, FL
How many homes are available in Windmill Lake Estates, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Summary: The Windmill Lake Estates real estate market had 10 homes for sale in March 2024, a 44.4% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 8 | 2 | -75.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Windmill Lake Estates 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windmill Lake Estates, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Windmill Lake Estates in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Windmill Lake Estates, FL
How long does it take to sell a home in Windmill Lake Estates, FL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 32 Days | +22.0% |
Summary: Homes in Windmill Lake Estates had an average of 32 days on market in Mar 2024, up by 22% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Windmill Lake Estates are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Windmill Lake Estates; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.