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 neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Lake Weir Heights has remained a Neutral Market.

Key Takeaway

Lake Weir Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lake Weir Heights, FL

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

Median Sold Price

$209,995

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,455(-3.0%)

Key Takeaway

Homes in Lake Weir Heights have sold for 3% less than they did a year ago.

Summary: The median home sold price in Lake Weir Heights was $209,995 in November 2024, down 3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $92.5K$155K
+67.6%
3 $226.4K$209.9K
-7.3%
4 $274K$282K
+2.9%
5+ --
N/A

Summary: Lake Weir Heights 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 67.6%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 2.9%, 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

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The Lake Weir Heights real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1412
-14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Lake Weir Heights 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 November 2024, the same as the previous 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

Nov 2023Nov 2024CHANGE
51 Days36 Days-29.4%

Summary: Homes in Lake Weir Heights had an average of 36 days on market in Nov 2024, down by 29.4% 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 November 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

Newest Listings in Lake Weir Heights, FL

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