$9,488 Closing Credit*
$799,000
1,484 SqFt
Giovanni Altamiranda, Listing Office: Luxe Properties
Is Westchester, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Westchester has remained a Seller's Market.
Key Takeaway
Westchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westchester, FL
How much do homes in Westchester, FL cost?
Median Sold Price
$665,000
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,333(+5.9%)
Key Takeaway
Homes in Westchester have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Westchester was $665,000 in October 2024, up 5.9% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204.5K | $250K | +22.2% |
| 2 Bedrooms | $285K | $325K | +14.0% |
| 3 Bedrooms | $600K | $649.5K | +8.3% |
| 4 Bedrooms | $682.5K | $745K | +9.2% |
| 5+ Bedrooms | $775.5K | $810K | +4.4% |
Summary: Westchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in Westchester, FL
How many homes are available in Westchester, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 133 | 0.0% |
Summary: The Westchester real estate market had 133 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 48 | 52 | +8.3% |
| 4 Bedrooms | 38 | 34 | -10.5% |
| 5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Westchester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westchester, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Westchester in October 2024, up by 8.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for Westchester, FL
How long does it take to sell a home in Westchester, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 43 Days | -4.9% |
Summary: Homes in Westchester had an average of 43 days on market in Oct 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westchester are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Westchester; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% 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.