Is The Villages at Westchester, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Villages at Westchester has remained a Seller's Market.
Key Takeaway
The Villages at Westchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Villages at Westchester, OH
How much do homes in The Villages at Westchester, OH cost?
Median Sold Price
$385,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Villages at Westchester have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in The Villages at Westchester was $385,000 in April 2024, down 4.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253K | $239K | -5.5% |
| 3 Bedrooms | $391.2K | $400K | +2.2% |
| 4 Bedrooms | $425.7K | $427.4K | 0.4% |
| 5+ Bedrooms | $372K | $700K | +88.2% |
Summary: The Villages at Westchester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 88.2%.
Housing Supply in The Villages at Westchester, OH
How many homes are available in The Villages at Westchester, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The The Villages at Westchester real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Villages at Westchester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Villages at Westchester, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in The Villages at Westchester in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for The Villages at Westchester, OH
How long does it take to sell a home in The Villages at Westchester, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 29 Days | +85.4% |
Summary: Homes in The Villages at Westchester had an average of 29 days on market in Apr 2024, up by 85.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Villages at Westchester are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in The Villages at Westchester; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.