$3,384 Closing Credit*
$285,000
986 SqFt
2 Beds
•2 Full Baths
Hendrina Callejas, Listing Office: Goldpen Realty Group
Is Welleby, 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, Welleby was a Seller's Market.
Key Takeaway
Welleby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Welleby, FL
How much do homes in Welleby, FL cost?
Median Sold Price
$415,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+15.3%)
Key Takeaway
Homes in Welleby have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Welleby was $415,000 in October 2024, up 15.3% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $221.9K | +13.8% |
| 2 Bedrooms | $230K | $250K | +8.7% |
| 3 Bedrooms | $450K | $496K | +10.2% |
| 4 Bedrooms | $515K | $550K | +6.8% |
| 5+ Bedrooms | $767K | - | N/A |
Summary: Welleby housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Welleby | $360K | $415K | +15.3% |
| Sunrise Lakes | $139K | $129K | -7.2% |
Housing Supply in Welleby, FL
How many homes are available in Welleby, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 44 | +15.8% |
Summary: The Welleby real estate market had 44 homes for sale in October 2024, a 15.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Welleby 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 22.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Welleby, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Welleby in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Welleby, FL
How long does it take to sell a home in Welleby, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 62 Days | +379.5% |
Summary: Homes in Welleby had an average of 62 days on market in Oct 2024, up by 379.5% 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 Welleby are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Welleby; 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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