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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horizon West is a seller's market

Buyer's
Market

Difference Since November 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

$561,925

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,177(+3.2%)

Key Takeaway

Homes in Horizon West have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Horizon West was $561,925 in November 2024, up 3.2% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$142.4K
N/A
2 $248K$349.9K
+41.1%
3 $455K$465K
+2.2%
4 $625K$630K
+0.8%
5+ $805K$857K
+6.5%

Summary: Horizon West 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 41.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 6.5%.

Housing Supply in Horizon West, FL

How many homes are available in Horizon West, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
615561-8.8%

Summary: The Horizon West real estate market had 561 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3228
-12.5%
3 214209
-2.3%
4 228195
-14.5%
5+ 140128
-8.6%

Summary: The Horizon West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 8.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
132122-7.6%

Asking Price vs. Sold Price

78 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horizon West, you may be able to get a good deal. 63.9% of homes here sold below asking price last month.

Summary: A total of 122 homes were sold or pending in Horizon West in November 2024, down by 7.6% month-over-month. Of the 122 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
33 Days49 Days+46.3%

Summary: Homes in Horizon West had an average of 49 days on market in Nov 2024, up by 46.3% compared to last year.

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 122 homes were sold in Horizon West; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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