Is Winter Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$491,128
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Winter Park was $491,128 in May 2024, down 1.1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $169.5K | -10.8% |
2 Bedrooms | $279K | $285K | +2.2% |
3 Bedrooms | $461.9K | $456.9K | -1.1% |
4 Bedrooms | $725K | $660K | -9.0% |
5+ Bedrooms | $1.5M | $1.7M | +8.6% |
Summary: Winter Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Casselberry | $325K | $345.9K | +6.4% |
Orlando | $365.6K | $385.1K | +5.3% |
Maitland | $460K | $460K | 0.0% |
Winter Park | $496.5K | $491.1K | -1.1% |
Housing Supply in Winter Park, FL
How many homes are available in Winter Park, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
422 | 454 | +7.6% |
Summary: The Winter Park real estate market had 454 homes for sale in May 2024, a 7.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 27 | 23 | -14.8% |
2 Bedrooms | 83 | 89 | +7.2% |
3 Bedrooms | 144 | 157 | +9.0% |
4 Bedrooms | 115 | 124 | +7.8% |
5+ Bedrooms | 53 | 61 | +15.1% |
Summary: The Winter Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.8%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 15.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 | 108 | +28.6% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 108 homes were sold or pending in Winter Park in May 2024, up by 28.6% month-over-month. Of the 108 sold homes, 50% were sold under asking, 32% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 39 Days | +64.3% |
Summary: Homes in Winter Park had an average of 39 days on market in May 2024, up by 64.3% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 108 homes were sold in Winter Park; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.