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 October 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

$470,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,000(+10.1%)

Key Takeaway

Homes in West Flagler have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in West Flagler was $470,000 in October 2024, up 10.1% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$210K
+7.7%
2 $320K$329.4K
+3.0%
3 $565.5K$610K
+7.9%
4 $682K$649.4K
-4.8%
5+ $683.7K$730K
+6.8%

Summary: West Flagler housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 6.8%.

Housing Supply in West Flagler, FL

How many homes are available in West Flagler, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
140155+10.7%

Summary: The West Flagler real estate market had 155 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2834
+21.4%
2 4852
+8.3%
3 3440
+17.6%
4 2020
0.0%
5+ 109
-10.0%

Summary: The West Flagler housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
719+171.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were 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. 78.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in West Flagler in October 2024, up by 171.4% month-over-month. Of the 19 sold homes, 79% were sold under asking, 11% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
28 Days41 Days+48.5%

Summary: Homes in West Flagler had an average of 41 days on market in Oct 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Flagler has remained consistent over time.

Summary: During October 2024, 19 homes were sold in West Flagler; 42% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 11% 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 14 Days Ago

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