$8,894 Closing Credit*
$749,000
1,505 SqFt
2 Beds
•2 Full Baths
Karen Benzaquen Klein PA, Listing Office: RKC Realty LLC
Is The Waterways, 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, The Waterways was a Neutral Market.
Key Takeaway
The Waterways is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Waterways, FL
How much do homes in The Waterways, FL cost?
Median Sold Price
$640,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-1.2%)
Key Takeaway
Homes in The Waterways have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in The Waterways was $640,000 in October 2024, down 1.2% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $530K | $579K | +9.2% |
| 3 Bedrooms | $700K | $645K | -7.9% |
| 4 Bedrooms | $860K | $925K | +7.6% |
| 5+ Bedrooms | $3.0M | - | N/A |
Summary: The Waterways 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 9.2%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes did not change.
Housing Supply in The Waterways, FL
How many homes are available in The Waterways, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 82 | +7.9% |
Summary: The The Waterways real estate market had 82 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 40 | 46 | +15.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The The Waterways 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 increased by 15%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
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 The Waterways, 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 The Waterways in October 2024, down by 75.0% 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 The Waterways, FL
How long does it take to sell a home in The Waterways, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 96 Days | +100.0% |
Summary: Homes in The Waterways had an average of 96 days on market in Oct 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in The Waterways are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in The Waterways; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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