$10,000 Closing Credit*
$1,100,000
3,910 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jennifer Ibarra, Listing Office: REAL BROKER, LLC
Is Horizon West, 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, Horizon West has remained a Seller's Market.
Key Takeaway
Horizon West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Horizon West, FL
How much do homes in Horizon West, FL cost?
Median Sold Price
$564,106
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,115(+4.1%)
Key Takeaway
Homes in Horizon West have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Horizon West was $564,106 in October 2024, up 4.1% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $142.4K | N/A |
| 2 Bedrooms | $281.5K | $344.5K | +22.4% |
| 3 Bedrooms | $455K | $467.8K | +2.8% |
| 4 Bedrooms | $621.2K | $636.7K | +2.5% |
| 5+ Bedrooms | $790K | $871K | +10.3% |
Summary: Horizon West 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 22.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakes of Windermere / Peachtree | $570K | $600K | +5.3% |
| Horizon West | $541.9K | $564.1K | +4.1% |
Housing Supply in Horizon West, FL
How many homes are available in Horizon West, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 629 | 592 | -5.9% |
Summary: The Horizon West real estate market had 592 homes for sale in October 2024, a 5.9% 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 | 25 | 30 | +20.0% |
| 3 Bedrooms | 221 | 214 | -3.2% |
| 4 Bedrooms | 242 | 216 | -10.7% |
| 5+ Bedrooms | 140 | 131 | -6.4% |
Summary: The Horizon West 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 increased by 20%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 6.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 117 | -12.0% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horizon West, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 117 homes were sold or pending in Horizon West in October 2024, down by 12.0% month-over-month. Of the 117 sold homes, 52% were sold under asking, 37% were sold at asking, and 11% were sold over asking.
Days on Market for Horizon West, FL
How long does it take to sell a home in Horizon West, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 54 Days | +73.0% |
Summary: Homes in Horizon West had an average of 54 days on market in Oct 2024, up by 73% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Horizon West are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 117 homes were sold in Horizon West; 48% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.