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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Little River is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in West Little River, FL

How much do homes in West Little River, FL cost?

Median Sold Price

$454,500

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,500(+12.8%)

Key Takeaway

Homes in West Little River have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in West Little River was $454,500 in November 2024, up 12.8% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K-
N/A
2 $319.5K$395K
+23.6%
3 $405K$450K
+11.1%
4 $455K$540K
+18.7%
5+ $470K$587K
+24.9%

Summary: West Little River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 24.9%.

Housing Supply in West Little River, FL

How many homes are available in West Little River, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7469-6.8%

Summary: The West Little River real estate market had 69 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1314
+7.7%
3 3030
0.0%
4 2619
-26.9%
5+ 45
+25.0%

Summary: The West Little River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Little River, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in West Little River in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for West Little River, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days99 Days+145.4%

Summary: Homes in West Little River had an average of 99 days on market in Nov 2024, up by 145.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 Little River has remained consistent over time.

Summary: During November 2024, 8 homes were sold in West Little River; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 25 Days Ago

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