$10,000 Closing Credit*
$1,300,000
1,888 SqFt
3 Beds
•2 Full Baths
Mark Bradshaw, Listing Office: The Keyes Company (PBG)
Is Western Community, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Western Community was a Seller's Market.
Key Takeaway
Western Community is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Western Community, FL
How much do homes in Western Community, FL cost?
Median Sold Price
$680,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$51,688(+8.2%)
Key Takeaway
Homes in Western Community have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Western Community was $680,000 in December 2024, up 8.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $535K | N/A |
| 2 Bedrooms | $390K | $470K | +20.5% |
| 3 Bedrooms | $563.7K | $600K | +6.4% |
| 4 Bedrooms | $690K | $714.8K | +3.6% |
| 5+ Bedrooms | $820K | $1.0M | +28.0% |
Summary: Western Community housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 28%.
Median Sold Price Compared To Nearby Cities
| Western Community | $628.3K | $680K | +8.2% |
| West Palm Beach | $375.7K | $402K | +7.0% |
| Palm Beach Gardens | $679.5K | $717.2K | +5.5% |
| Royal Palm Beach-West Jupiter | $569.4K | $599.9K | +5.4% |
| Loxahatchee | $654.9K | $669.7K | +2.3% |
Housing Supply in Western Community, FL
How many homes are available in Western Community, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 231 | 239 | +3.5% |
Summary: The Western Community real estate market had 239 homes for sale in December 2024, a 3.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 105 | 107 | +1.9% |
| 4 Bedrooms | 86 | 89 | +3.5% |
| 5+ Bedrooms | 33 | 36 | +9.1% |
Summary: The Western Community housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Western Community, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Western Community in December 2024, up by 27.3% month-over-month. Of the 28 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% were sold over asking.
Days on Market for Western Community, FL
How long does it take to sell a home in Western Community, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 57 Days | +9.6% |
Summary: Homes in Western Community had an average of 57 days on market in Dec 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Western Community are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 28 homes were sold in Western Community; 46% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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