Is Breakers West, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Breakers West is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Breakers West has remained a Buyer's Market.

Key Takeaway

Breakers West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Breakers West, FL

How much do homes in Breakers West, FL cost?

Median Sold Price

$897,500

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,000(+2.9%)

Key Takeaway

Homes in Breakers West have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Breakers West was $897,500 in December 2024, up 2.9% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $485K$512.5K
+5.7%
3 $780K$727K
-6.8%
4 $1.1M$1.3M
+22.7%
5+ $2.8M$2.3M
-15.6%

Summary: Breakers West housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 15.6%.

Median Sold Price Compared To Nearby Neighborhoods

Breakers West
+2.9%
Golden Lakes
-3.7%
Baywinds
-11.6%

Housing Supply in Breakers West, FL

How many homes are available in Breakers West, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2223+4.5%

Summary: The Breakers West real estate market had 23 homes for sale in December 2024, a 4.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1413
-7.1%
4 79
+28.6%
5+ 00
0.0%

Summary: The Breakers West housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Breakers West, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Breakers West in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Breakers West, FL

How long does it take to sell a home in Breakers West, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
147 Days82 Days-43.8%

Summary: Homes in Breakers West had an average of 82 days on market in Dec 2024, down by 43.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Breakers West are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Breakers West; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Breakers West, FL

Nearby Markets to Breakers West, FL