$7,481 Closing Credit*
$630,000
1,697 SqFt
3 Beds
•2 Full Baths
Chris Ruwe, Listing Office: Lifestyle International Realty
Is Welleby, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$409,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,000(+5.7%)
Key Takeaway
Homes in Welleby have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Welleby was $409,000 in November 2024, up 5.7% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $221.9K | +13.8% |
| 2 Bedrooms | $230K | $251.5K | +9.3% |
| 3 Bedrooms | $450K | $490K | +8.9% |
| 4 Bedrooms | $515K | $560K | +8.7% |
| 5+ Bedrooms | $767K | - | N/A |
Summary: Welleby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Welleby | $387K | $409K | +5.7% |
| Sunrise Lakes | $137K | $129K | -5.8% |
Housing Supply in Welleby, FL
How many homes are available in Welleby, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 50 | +28.2% |
Summary: The Welleby real estate market had 50 homes for sale in November 2024, a 28.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 19 | 25 | +31.6% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Welleby 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 increased by 31.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
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 Welleby, 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 Welleby in November 2024, down by 25.0% 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 Welleby, FL
How long does it take to sell a home in Welleby, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 81 Days | +61.2% |
Summary: Homes in Welleby had an average of 81 days on market in Nov 2024, up by 61.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Welleby has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Welleby; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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