$1,425 Closing Credit*
$120,000
720 SqFt
1 Bed
•1 Full Bath
Ana Salazar, Listing Office: The Keyes Company
Is Washington Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Washington Park has remained a Buyer's Market.
Key Takeaway
Washington Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washington Park, FL
How much do homes in Washington Park, FL cost?
Median Sold Price
$157,700
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,300(-1.4%)
Key Takeaway
Homes in Washington Park have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Washington Park was $157,700 in November 2024, down 1.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | $123K | -2.4% |
| 2 Bedrooms | $160K | $162K | +1.3% |
| 3 Bedrooms | $425K | $413K | -2.8% |
| 4 Bedrooms | $530K | $464.5K | -12.4% |
| 5+ Bedrooms | - | $425K | N/A |
Summary: Washington Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Hillcrest | $210K | $225K | +7.1% |
| Hollywood Hills | $600K | $624.2K | +4.0% |
| Washington Park | $160K | $157.7K | -1.4% |
| Lawnacres | $490K | $235K | -52.0% |
Housing Supply in Washington Park, FL
How many homes are available in Washington Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Washington Park real estate market had 30 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Washington Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 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 Washington Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Washington Park in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Park, FL
How long does it take to sell a home in Washington Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 122 Days | 72 Days | -40.7% |
Summary: Homes in Washington Park had an average of 72 days on market in Nov 2024, down by 40.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washington Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Washington Park; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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