$10,000 Closing Credit*
$919,000
2,287 SqFt
3 Beds
•3 Full Baths
Rafael Zuzolo, Listing Office: Miami Business Brokers
Is North Westside, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$490,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,975(+9.4%)
Key Takeaway
Homes in North Westside have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in North Westside was $490,000 in October 2024, up 9.4% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $255K | +4.1% |
| 2 Bedrooms | $320K | $343K | +7.2% |
| 3 Bedrooms | $506K | $559K | +10.5% |
| 4 Bedrooms | $730K | $769K | +5.3% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.4% |
Summary: North Westside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| North Westside | $448K | $490K | +9.4% |
| Doral | $547.1K | $592.9K | +8.4% |
| Miami Springs | $662.5K | $705K | +6.4% |
Housing Supply in North Westside, FL
How many homes are available in North Westside, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 781 | 834 | +6.8% |
Summary: The North Westside real estate market had 834 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 121 | 136 | +12.4% |
| 2 Bedrooms | 259 | 263 | +1.5% |
| 3 Bedrooms | 239 | 272 | +13.8% |
| 4 Bedrooms | 119 | 116 | -2.5% |
| 5+ Bedrooms | 43 | 47 | +9.3% |
Summary: The North Westside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 9.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 91 | -8.1% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Westside, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in North Westside in October 2024, down by 8.1% month-over-month. Of the 91 sold homes, 70% were sold under asking, 23% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 58 Days | +37.4% |
Summary: Homes in North Westside had an average of 58 days on market in Oct 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Westside are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 91 homes were sold in North Westside; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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