$6,413 Closing Credit*
$540,000
1,272 SqFt
3 Beds
•1 Full Bath
Lizzie Armas, Listing Office: Icaza Reyalty LLC
Is West Little River, 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 Little River was a Seller's Market.
Key Takeaway
West Little River is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in West Little River, FL
How much do homes in West Little River, FL cost?
Median Sold Price
$450,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+12.5%)
Key Takeaway
Homes in West Little River have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in West Little River was $450,000 in October 2024, up 12.5% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $312.5K | $391.5K | +25.3% |
| 3 Bedrooms | $400K | $450.5K | +12.6% |
| 4 Bedrooms | $452.5K | $533K | +17.8% |
| 5+ Bedrooms | $470K | $587K | +24.9% |
Summary: West Little River 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 increased by 25.3%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 24.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Westview | $400K | $479.9K | +20.0% |
| West Little River | $400K | $450K | +12.5% |
Housing Supply in West Little River, FL
How many homes are available in West Little River, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 77 | +2.7% |
Summary: The West Little River real estate market had 77 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 29 | 34 | +17.2% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The West Little River 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 decreased by 15.4%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Little River, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in West Little River in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 40 Days | +12.7% |
Summary: Homes in West Little River had an average of 40 days on market in Oct 2024, up by 12.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Little River are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in West Little River; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.