$249,999
0.16 Acres
Land
Thuy Bell, Listing Office: MARRY BELL
Is West Lealman, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$245,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,040(+11.4%)
Key Takeaway
Homes in West Lealman have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in West Lealman was $245,000 in November 2024, up 11.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.5K | $115K | -14.5% |
| 2 Bedrooms | $210K | $214K | +1.9% |
| 3 Bedrooms | $363K | $377.5K | +4.0% |
| 4 Bedrooms | $460K | $425K | -7.6% |
| 5+ Bedrooms | $427.4K | $600K | +40.4% |
Summary: West Lealman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 40.4%.
Median Sold Price Compared To Nearby Neighborhoods
| West Lealman | $219.9K | $245K | +11.4% |
| Pine Bay | $130K | $119K | -8.5% |
Housing Supply in West Lealman, FL
How many homes are available in West Lealman, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 144 | +5.1% |
Summary: The West Lealman real estate market had 144 homes for sale in November 2024, a 5.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 28 | +27.3% |
| 2 Bedrooms | 81 | 82 | +1.2% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The West Lealman housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 1.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 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. 87.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in West Lealman in November 2024, down by 15.8% month-over-month. Of the 16 sold homes, 88% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 89 Days | +72.6% |
Summary: Homes in West Lealman had an average of 89 days on market in Nov 2024, up by 72.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in West Lealman are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 16 homes were sold in West Lealman; 38% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.