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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Flagler is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Flagler was a Seller's Market.

Key Takeaway

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

Housing Prices in West Flagler, FL

How much do homes in West Flagler, FL cost?

Median Sold Price

$490,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$69,500(+16.5%)

Key Takeaway

Homes in West Flagler have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in West Flagler was $490,000 in November 2024, up 16.5% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199.5K$210K
+5.3%
2 $310K$342.5K
+10.5%
3 $565K$624.9K
+10.6%
4 $666.5K$659.5K
-1.1%
5+ $687.5K$744K
+8.2%

Summary: West Flagler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 8.2%.

Housing Supply in West Flagler, FL

How many homes are available in West Flagler, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151154+2.0%

Summary: The West Flagler real estate market had 154 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3330
-9.1%
2 5353
0.0%
3 3842
+10.5%
4 2021
+5.0%
5+ 78
+14.3%

Summary: The West Flagler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2613-50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Flagler, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in West Flagler in November 2024, down by 50.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.

Days on Market for West Flagler, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days45 Days-30.3%

Summary: Homes in West Flagler had an average of 45 days on market in Nov 2024, down by 30.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in West Flagler; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

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