Is Weston, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weston is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Weston, FL

How much do homes in Weston, FL cost?

Median Sold Price

$796,285

$391/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$82,952(+11.6%)

Key Takeaway

Homes in Weston have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Weston was $796,285 in November 2024, up 11.6% from last year, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $248K$257.5K
+3.8%
2 $370K$352.5K
-4.7%
3 $605K$670K
+10.7%
4 $822K$900K
+9.5%
5+ $1.1M$1.3M
+11.2%

Summary: Weston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Weston
+11.6%
Sunrise
+8.7%
Davie
+7.3%

Housing Supply in Weston, FL

How many homes are available in Weston, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
270288+6.7%

Summary: The Weston real estate market had 288 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 6874
+8.8%
3 4747
0.0%
4 6874
+8.8%
5+ 8489
+6.0%

Summary: The Weston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3238+18.8%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weston, you may be able to get a good deal. 81.6% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Weston in November 2024, up by 18.8% month-over-month. Of the 38 sold homes, 82% were sold under asking, 16% were sold at asking, and 3% were sold over asking.

Days on Market for Weston, FL

How long does it take to sell a home in Weston, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days47 Days+111.0%

Summary: Homes in Weston had an average of 47 days on market in Nov 2024, up by 111% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Weston are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 38 homes were sold in Weston; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

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