Is Winter Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Winter Park has remained a Seller's Market.
Key Takeaway
Winter Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Park, FL
How much do homes in Winter Park, FL cost?
Median Sold Price
$473,266
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Winter Park have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Winter Park was $473,266 in November 2023, down 11.5% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $169.5K | -10.8% |
| 2 Bedrooms | $299.9K | $270K | -10.0% |
| 3 Bedrooms | $497.5K | $449.7K | -9.6% |
| 4 Bedrooms | $807.5K | $650K | -19.5% |
| 5+ Bedrooms | $1.6M | $1.4M | -14.2% |
Summary: Winter Park housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Casselberry | $300K | $339.7K | +13.2% |
| Orlando | $350.1K | $375K | +7.1% |
| Maitland | $465.7K | $445.7K | -4.3% |
| Eatonville | $255K | $241.6K | -5.2% |
| Winter Park | $534.6K | $473.2K | -11.5% |
Housing Supply in Winter Park, FL
How many homes are available in Winter Park, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 364 | 348 | -4.4% |
Summary: The Winter Park real estate market had 348 homes for sale in November 2023, a 4.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 13 | -18.8% |
| 2 Bedrooms | 49 | 56 | +14.3% |
| 3 Bedrooms | 152 | 146 | -3.9% |
| 4 Bedrooms | 117 | 102 | -12.8% |
| 5+ Bedrooms | 30 | 31 | +3.3% |
Summary: The Winter Park housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 97 | 74 | -23.7% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Park, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in Winter Park in November 2023, down by 23.7% month-over-month. Of the 74 sold homes, 54% were sold under asking, 28% were sold at asking, and 18% were sold over asking.
Days on Market for Winter Park, FL
How long does it take to sell a home in Winter Park, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 37 Days | 21 Days | -43.4% |
Summary: Homes in Winter Park had an average of 21 days on market in Nov 2023, down by 43.4% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winter Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 74 homes were sold in Winter Park; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2023 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 Brevard Multiple Listing Service. 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.
© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.