$3,250,000
3,919 SqFt
5 Beds
•6 Full Baths
Janet Del Pino, Listing Office: Diamond Realty Team LLC
Is West Sweetwater, 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 Sweetwater was a Seller's Market.
Key Takeaway
West Sweetwater 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 Sweetwater, FL
How much do homes in West Sweetwater, FL cost?
Median Sold Price
$745,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,500(+11.3%)
Key Takeaway
Homes in West Sweetwater have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in West Sweetwater was $745,000 in October 2024, up 11.3% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $532.5K | $390K | -26.8% |
| 3 Bedrooms | $550.5K | $645K | +17.2% |
| 4 Bedrooms | $740K | $810K | +9.5% |
| 5+ Bedrooms | $1.3M | $1.5M | +14.8% |
Summary: West Sweetwater 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 26.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in West Sweetwater, FL
How many homes are available in West Sweetwater, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 48 | -9.4% |
Summary: The West Sweetwater real estate market had 48 homes for sale in October 2024, a 9.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The West Sweetwater 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 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Sweetwater, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in West Sweetwater in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for West Sweetwater, FL
How long does it take to sell a home in West Sweetwater, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 35 Days | -49.7% |
Summary: Homes in West Sweetwater had an average of 35 days on market in Oct 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Sweetwater are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in West Sweetwater; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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