Is Lake Weir Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Weir Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Lake Weir Heights has remained a Buyer's Market.

Key Takeaway

Lake Weir Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lake Weir Heights, FL

How much do homes in Lake Weir Heights, FL cost?

Median Sold Price

$209,995

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,005(-10.6%)

Key Takeaway

Homes in Lake Weir Heights have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Lake Weir Heights was $209,995 in October 2024, down 10.6% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $92.5K$155K
+67.6%
3 $237.4K$209.9K
-11.6%
4 $299.5K$250K
-16.5%
5+ --
N/A

Summary: Lake Weir Heights 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 67.6%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes did not change.

Housing Supply in Lake Weir Heights, FL

How many homes are available in Lake Weir Heights, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1914-26.3%

Summary: The Lake Weir Heights real estate market had 14 homes for sale in October 2024, a 26.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1712
-29.4%
4 22
0.0%
5+ 00
0.0%

Summary: The Lake Weir Heights 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 remained the same, 3 bedroom homes decreased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Weir Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Weir Heights in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Weir Heights, FL

How long does it take to sell a home in Lake Weir Heights, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days61 Days+916.7%

Summary: Homes in Lake Weir Heights had an average of 61 days on market in Oct 2024, up by 916.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lake Weir Heights has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Lake Weir Heights; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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