$35,000
0.25 Acres
Land
Leonard Carroll, Listing Office: Sugar Realty, Inc.
Is Southwest Glades, 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, Southwest Glades was a Neutral Market.
Key Takeaway
Southwest Glades is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southwest Glades, FL
How much do homes in Southwest Glades, FL cost?
Median Sold Price
$359,900
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,015(+15.0%)
Key Takeaway
Homes in Southwest Glades have sold for 15% more than they did a year ago.
Summary: The median home sold price in Southwest Glades was $359,900 in October 2024, up 15% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217K | $306.5K | +41.2% |
| 3 Bedrooms | $315K | $342.5K | +8.7% |
| 4 Bedrooms | $380K | $395K | +3.9% |
| 5+ Bedrooms | - | $752K | N/A |
Summary: Southwest Glades 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 41.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moore Haven | $222K | $260K | +17.1% |
| Southwest Glades | $312.8K | $359.9K | +15.0% |
| Northeast Glades | $274K | $249K | -9.1% |
Housing Supply in Southwest Glades, FL
How many homes are available in Southwest Glades, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 51 | +2.0% |
Summary: The Southwest Glades real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southwest Glades 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 decreased by 10%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Southwest Glades in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 84 Days | +210.7% |
Summary: Homes in Southwest Glades had an average of 84 days on market in Oct 2024, up by 210.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Southwest Glades are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Southwest Glades; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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