Is Winter Springs, 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 Springs has remained a Seller's Market.
Key Takeaway
Winter Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Springs, FL
How much do homes in Winter Springs, FL cost?
Median Sold Price
$428,333
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winter Springs have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Winter Springs was $428,333 in March 2024, up 9.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $152.5K | -10.8% |
| 2 Bedrooms | $248.9K | $275K | +10.5% |
| 3 Bedrooms | $362.2K | $392.6K | +8.4% |
| 4 Bedrooms | $515K | $527.9K | +2.5% |
| 5+ Bedrooms | $655.7K | $740K | +12.8% |
Summary: Winter Springs 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 10.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Longwood | $405K | $445.8K | +10.1% |
| Winter Springs | $389.9K | $428.3K | +9.9% |
| Oviedo | $449.3K | $485.3K | +8.0% |
| Casselberry | $320K | $340.1K | +6.3% |
| Casselberry-Altamonte Springs | $351.8K | $367.5K | +4.5% |
Housing Supply in Winter Springs, FL
How many homes are available in Winter Springs, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 191 | 190 | -0.5% |
Summary: The Winter Springs real estate market had 190 homes for sale in March 2024, a 0.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 97 | 98 | +1.0% |
| 4 Bedrooms | 47 | 49 | +4.3% |
| 5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The Winter Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Springs, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Winter Springs in March 2024, up by 4.3% month-over-month. Of the 49 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.
Days on Market for Winter Springs, FL
How long does it take to sell a home in Winter Springs, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 46 Days | +21.3% |
Summary: Homes in Winter Springs had an average of 46 days on market in Mar 2024, up by 21.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Springs are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in Winter Springs; 49% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.