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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Sweetwater is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in West Sweetwater, FL

How much do homes in West Sweetwater, FL cost?

Median Sold Price

$750,000

$389/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$90,000(+13.6%)

Key Takeaway

Homes in West Sweetwater have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in West Sweetwater was $750,000 in November 2024, up 13.6% from last year, and the median price per square foot was $389.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $532.5K$390K
-26.8%
3 $560K$640K
+14.3%
4 $740K$810K
+9.5%
5+ $1.3M$1.6M
+18.5%

Summary: West Sweetwater 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 decreased by 26.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 18.5%.

Housing Supply in West Sweetwater, FL

How many homes are available in West Sweetwater, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4648+4.3%

Summary: The West Sweetwater real estate market had 48 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1516
+6.7%
4 1212
0.0%
5+ 1416
+14.3%

Summary: The West Sweetwater 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 decreased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 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 Sweetwater, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Sweetwater in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
38 Days37 Days-3.3%

Summary: Homes in West Sweetwater had an average of 37 days on market in Nov 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Sweetwater has remained consistent over time.

Summary: During November 2024, 3 homes were sold in West Sweetwater; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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