$4,952 Closing Credit*
$416,990
3 Beds
•2 Full Baths, 1 Partial
George Sequeiros, Listing Office: And-Mar Real Estate Inc.
Is West Homestead, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Homestead has remained a Buyer's Market.
Key Takeaway
West Homestead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Homestead, FL
How much do homes in West Homestead, FL cost?
Median Sold Price
$749,999
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$94,999(+14.5%)
Key Takeaway
Homes in West Homestead have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in West Homestead was $749,999 in October 2024, up 14.5% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $962.5K | - | N/A |
| 2 Bedrooms | $575K | $550K | -4.3% |
| 3 Bedrooms | $550K | $747.5K | +35.9% |
| 4 Bedrooms | $679.9K | $739.9K | +8.8% |
| 5+ Bedrooms | $1.3M | $1.1M | -12.2% |
Summary: West Homestead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 35.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in West Homestead, FL
How many homes are available in West Homestead, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The West Homestead real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The West Homestead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 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 West Homestead, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in West Homestead in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Homestead, FL
How long does it take to sell a home in West Homestead, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 75 Days | -35.5% |
Summary: Homes in West Homestead had an average of 75 days on market in Oct 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Homestead are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in West Homestead; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.