$6,234 Closing Credit*
$525,000
1,747 SqFt
3 Beds
•2 Full Baths
Abbas Sultanali, Listing Office: ALPHA EQUITY REALTY & MANAGEMENT INC
Is Heathrow, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Heathrow has remained a Seller's 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
$710,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$110,000(+18.3%)
Key Takeaway
Homes in Heathrow have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Heathrow was $710,000 in October 2024, up 18.3% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | - | N/A |
| 2 Bedrooms | $329K | $369K | +12.2% |
| 3 Bedrooms | $525K | $570K | +8.6% |
| 4 Bedrooms | $732.5K | $890K | +21.5% |
| 5+ Bedrooms | $1.0M | $1.0M | -1.7% |
Summary: Heathrow housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in Heathrow, FL
How many homes are available in Heathrow, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 47 | -19.0% |
Summary: The Heathrow real estate market had 47 homes for sale in October 2024, a 19.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Heathrow housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heathrow, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Heathrow in October 2024, down by 47.1% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 49 Days | +3.6% |
Summary: Homes in Heathrow had an average of 49 days on market in Oct 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were 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 October 2024, 9 homes were sold in Heathrow; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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