Is North Westside, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Westside is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Westside was a Seller's Market.

Key Takeaway

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

Housing Prices in North Westside, FL

How much do homes in North Westside, FL cost?

Median Sold Price

$484,888

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,916(+7.8%)

Key Takeaway

Homes in North Westside have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in North Westside was $484,888 in November 2024, up 7.8% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $247.5K$253.7K
+2.5%
2 $320.5K$339.9K
+6.1%
3 $510.6K$554.6K
+8.6%
4 $721K$780K
+8.2%
5+ $1.1M$1.2M
+2.1%

Summary: North Westside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Cities

Miami Springs
+11.7%
Doral
+9.4%
North Westside
+7.8%

Housing Supply in North Westside, FL

How many homes are available in North Westside, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8068060.0%

Summary: The North Westside real estate market had 806 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 134140
+4.5%
2 248235
-5.2%
3 263276
+4.9%
4 113108
-4.4%
5+ 4847
-2.1%

Summary: The North Westside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 2.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10867-38.0%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Westside, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in North Westside in November 2024, down by 38.0% month-over-month. Of the 67 sold homes, 82% were sold under asking, 15% were sold at asking, and 3% were sold over asking.

Days on Market for North Westside, FL

How long does it take to sell a home in North Westside, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days61 Days+41.8%

Summary: Homes in North Westside had an average of 61 days on market in Nov 2024, up by 41.8% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Westside has remained consistent over time.

Summary: During November 2024, 67 homes were sold in North Westside; 34% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

Newest Listings in North Westside, FL

Nearby Markets to North Westside, FL

What housing markets are near North Westside, FL?