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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westridge is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Westridge has remained a Neutral Market.

Key Takeaway

Westridge 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 Westridge, FL

How much do homes in Westridge, FL cost?

Median Sold Price

$345,000

$227/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,592(-14.9%)

Key Takeaway

Homes in Westridge have sold for 14.9% less than they did a month ago.

Summary: The median home sold price in Westridge was $345,000 in November 2024, down 14.9% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$315K
N/A
4 $381.1K$370K
-2.9%
5+ $460K$435K
-5.4%

Summary: Westridge housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Neighborhoods

The Manors North at Westridge
-12.5%
Westridge
-14.9%

Housing Supply in Westridge, FL

How many homes are available in Westridge, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2625-3.8%

Summary: The Westridge real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 68
+33.3%
4 1513
-13.3%
5+ 54
-20.0%

Summary: The Westridge 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westridge, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Westridge in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Westridge, FL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days73 Days+55.3%

Summary: Homes in Westridge had an average of 73 days on market in Nov 2024, up by 55.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Westridge has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Westridge; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in Westridge, FL

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