$7,125 Closing Credit*
$599,999
1,727 SqFt
3 Beds
•2 Full Baths, 1 Partial
Qiong Zavala Wang, Listing Office: MORRIS WILLIAMS REALTY
Is Heathrow, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Heathrow was a Neutral Market.
Key Takeaway
Heathrow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heathrow, FL
How much do homes in Heathrow, FL cost?
Median Sold Price
$690,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$106,262(+18.2%)
Key Takeaway
Homes in Heathrow have sold for 18.2% more than they did a year ago.
Summary: The median home sold price in Heathrow was $690,000 in November 2024, up 18.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | - | N/A |
| 2 Bedrooms | $329K | $350K | +6.4% |
| 3 Bedrooms | $517.5K | $570.7K | +10.3% |
| 4 Bedrooms | $721K | $883.5K | +22.5% |
| 5+ Bedrooms | $1.0M | $966K | -8.0% |
Summary: Heathrow housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes decreased by 8%.
Housing Supply in Heathrow, FL
How many homes are available in Heathrow, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 39 | -9.3% |
Summary: The Heathrow real estate market had 39 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Heathrow housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Heathrow, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Heathrow in November 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Heathrow, FL
How long does it take to sell a home in Heathrow, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 38 Days | +237.4% |
Summary: Homes in Heathrow had an average of 38 days on market in Nov 2024, up by 237.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heathrow are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Heathrow; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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