$8,063 Closing Credit*
$679,000
2,179 SqFt
3 Beds
•2 Full Baths
Tammy Poling-Vasquez, Listing Office: CENTURY 21 BEGGINS
Is West Lealman, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, West Lealman was a Seller's Market.
Key Takeaway
West Lealman is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Lealman, FL
How much do homes in West Lealman, FL cost?
Median Sold Price
$240,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,500(+8.8%)
Key Takeaway
Homes in West Lealman have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in West Lealman was $240,000 in October 2024, up 8.8% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $116.5K | -13.7% |
| 2 Bedrooms | $216.5K | $214K | -1.2% |
| 3 Bedrooms | $364K | $377.5K | +3.7% |
| 4 Bedrooms | $452.5K | $425K | -6.1% |
| 5+ Bedrooms | $464.9K | $505K | +8.6% |
Summary: West Lealman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in West Lealman, FL
How many homes are available in West Lealman, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 142 | +2.9% |
Summary: The West Lealman real estate market had 142 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 25 | 0.0% |
| 2 Bedrooms | 78 | 81 | +3.8% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Lealman housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Lealman, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in West Lealman in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for West Lealman, FL
How long does it take to sell a home in West Lealman, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 60 Days | +46.5% |
Summary: Homes in West Lealman had an average of 60 days on market in Oct 2024, up by 46.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Lealman are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in West Lealman; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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