$3,770,000
4,120 SqFt
4 Beds
•5 Full Baths
Eddy Rodriguez, Listing Office: EXP Realty LLC
Is Southwest Ranches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Southwest Ranches has remained a Buyer's Market.
Key Takeaway
Southwest Ranches is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southwest Ranches, FL
How much do homes in Southwest Ranches, FL cost?
Median Sold Price
$1,445,000
$569/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$195,000(+15.6%)
Key Takeaway
Homes in Southwest Ranches have sold for 15.6% more than they did a month ago.
Summary: The median home sold price in Southwest Ranches was $1,445,000 in November 2024, up 15.6% from last month, and the median price per square foot was $569.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.2M | $1.9M | +57.3% |
| 4 Bedrooms | $1.2M | $940K | -24.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Southwest Ranches housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 57.3%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes did not change.
Housing Supply in Southwest Ranches, FL
How many homes are available in Southwest Ranches, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 60 | +17.6% |
Summary: The Southwest Ranches real estate market had 60 homes for sale in November 2024, a 17.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 33 | 38 | +15.2% |
Summary: The Southwest Ranches 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 increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Ranches, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Southwest Ranches in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Southwest Ranches, FL
How long does it take to sell a home in Southwest Ranches, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 16 Days | +76.8% |
Summary: Homes in Southwest Ranches had an average of 16 days on market in Nov 2024, up by 76.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southwest Ranches are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Southwest Ranches; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.