$2,197 Closing Credit*
$185,000
1,023 SqFt
2 Beds
•2 Full Baths
Damon Penn PA, Listing Office: EXP Realty, LLC.
Is Colony West Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Colony West Country Club was a Seller's Market.
Key Takeaway
Colony West Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colony West Country Club, FL
How much do homes in Colony West Country Club, FL cost?
Median Sold Price
$170,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-2.9%)
Key Takeaway
Homes in Colony West Country Club have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Colony West Country Club was $170,000 in October 2024, down 2.9% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.5K | $155K | +3.7% |
| 2 Bedrooms | $180.5K | $177.5K | -1.7% |
| 3 Bedrooms | $355K | $360K | +1.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Colony West Country Club housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Colony West Country Club, FL
How many homes are available in Colony West Country Club, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Summary: The Colony West Country Club real estate market had 38 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colony West Country Club housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colony West Country Club, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Colony West Country Club in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Colony West Country Club, FL
How long does it take to sell a home in Colony West Country Club, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 51 Days | +216.3% |
Summary: Homes in Colony West Country Club had an average of 51 days on market in Oct 2024, up by 216.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Colony West Country Club are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Colony West Country Club; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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