Is Winter Park, 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, Winter Park has remained a Seller's Market.
Housing Prices in Winter Park, FL
How much do homes in Winter Park, FL cost?
Median Sold Price
$480,897
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Winter Park was $480,897 in March 2024, down 10.6% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $169.5K | -10.8% |
2 Bedrooms | $275K | $279K | +1.5% |
3 Bedrooms | $500K | $445.3K | -10.9% |
4 Bedrooms | $726K | $655K | -9.8% |
5+ Bedrooms | $1.6M | $1.4M | -11.4% |
Summary: Winter Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Cities
Casselberry | $320K | $340.1K | +6.3% |
Orlando | $360.1K | $379.9K | +5.5% |
Eatonville | $255K | $255K | 0.0% |
Maitland | $483.8K | $445K | -8.0% |
Winter Park | $537.6K | $480.8K | -10.6% |
Housing Supply in Winter Park, FL
How many homes are available in Winter Park, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
374 | 381 | +1.9% |
Summary: The Winter Park real estate market had 381 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 19 | -9.5% |
2 Bedrooms | 57 | 68 | +19.3% |
3 Bedrooms | 155 | 146 | -5.8% |
4 Bedrooms | 105 | 105 | 0.0% |
5+ Bedrooms | 36 | 43 | +19.4% |
Summary: The Winter Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 19.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 80 | -11.1% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 80 homes were sold or pending in Winter Park in March 2024, down by 11.1% month-over-month. Of the 80 sold homes, 66% were sold under asking, 16% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 42 Days | -19.1% |
Summary: Homes in Winter Park had an average of 42 days on market in Mar 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 80 homes were sold in Winter Park; 66% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.