Is West Cutler Area, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Cutler Area is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Cutler Area was a Neutral Market.

Key Takeaway

West Cutler Area is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Cutler Area, FL

How much do homes in West Cutler Area, FL cost?

Median Sold Price

$3,950,000

$1,037/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,437,900(+57.2%)

Key Takeaway

Homes in West Cutler Area have sold for 57.2% more than they did a year ago.

Summary: The median home sold price in West Cutler Area was $3,950,000 in November 2024, up 57.2% from last year, and the median price per square foot was $1,037.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$344K
+60.0%
2 $372.5K$380K
+2.0%
3 $1.7M$2.2M
+29.0%
4 $2.6M$2.3M
-10.5%
5+ $4.5M$6.4M
+40.7%

Summary: West Cutler Area housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 29%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 40.7%.

Housing Supply in West Cutler Area, FL

How many homes are available in West Cutler Area, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5052+4.0%

Summary: The West Cutler Area real estate market had 52 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 43
-25.0%
3 22
0.0%
4 77
0.0%
5+ 3536
+2.9%

Summary: The West Cutler Area housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Cutler Area, 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 West Cutler Area in November 2024, down by 40.0% 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 West Cutler Area, FL

How long does it take to sell a home in West Cutler Area, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
102 Days98 Days-4.1%

Summary: Homes in West Cutler Area had an average of 98 days on market in Nov 2024, down by 4.1% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Cutler Area are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in West Cutler Area; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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