$625,000
25.00 Acres
Land
Greg Bone, Listing Office: Southern Heritage Real Estate
Is Southwest Glades, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Southwest Glades was a Buyer's Market.
Key Takeaway
Southwest Glades is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southwest Glades, FL
How much do homes in Southwest Glades, FL cost?
Median Sold Price
$365,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+15.9%)
Key Takeaway
Homes in Southwest Glades have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Southwest Glades was $365,000 in November 2024, up 15.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $204K | $200K | -2.0% |
| 3 Bedrooms | $320.9K | $359.9K | +12.1% |
| 4 Bedrooms | $490K | $425K | -13.3% |
| 5+ Bedrooms | - | $752K | N/A |
Summary: Southwest Glades 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 decreased by 2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moore Haven | $229.2K | $267.5K | +16.7% |
| Southwest Glades | $315K | $365K | +15.9% |
Housing Supply in Southwest Glades, FL
How many homes are available in Southwest Glades, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 55 | -6.8% |
Summary: The Southwest Glades real estate market had 55 homes for sale in November 2024, a 6.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Southwest Glades 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 9.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Glades, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Southwest Glades in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for Southwest Glades, FL
How long does it take to sell a home in Southwest Glades, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 72 Days | +81.8% |
Summary: Homes in Southwest Glades had an average of 72 days on market in Nov 2024, up by 81.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southwest Glades are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Southwest Glades; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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