Is North Westside, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Westside was a Seller's Market.
Housing Prices in North Westside, FL
How much do homes in North Westside, FL cost?
Median Sold Price
$473,750
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Westside was $473,750 in April 2024, up 10.7% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $260K | +15.6% |
2 Bedrooms | $300K | $335K | +11.7% |
3 Bedrooms | $494.4K | $540K | +9.2% |
4 Bedrooms | $694.1K | $740K | +6.6% |
5+ Bedrooms | $1.1M | $1.1M | +5.5% |
Summary: North Westside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Doral | $521.4K | $583K | +11.8% |
North Westside | $428K | $473.7K | +10.7% |
Miami Springs | $650K | $695K | +6.9% |
Housing Supply in North Westside, FL
How many homes are available in North Westside, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
665 | 737 | +10.8% |
Summary: The North Westside real estate market had 737 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 89 | 105 | +18.0% |
2 Bedrooms | 202 | 242 | +19.8% |
3 Bedrooms | 228 | 229 | 0.4% |
4 Bedrooms | 100 | 112 | +12.0% |
5+ Bedrooms | 46 | 49 | +6.5% |
Summary: The North Westside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 106 | +6.0% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 106 homes were sold or pending in North Westside in April 2024, up by 6.0% month-over-month. Of the 106 sold homes, 72% were sold under asking, 20% were sold at asking, and 8% were sold over asking.
Days on Market for North Westside, FL
How long does it take to sell a home in North Westside, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 53 Days | -4.3% |
Summary: Homes in North Westside had an average of 53 days on market in Apr 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During April 2024, 106 homes were sold in North Westside; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.