Is Westwinds Village, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westwinds Village is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Westwinds Village was a Neutral Market.

Key Takeaway

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

Housing Prices in Westwinds Village, FL

How much do homes in Westwinds Village, FL cost?

Median Sold Price

$390,000

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,250(-5.2%)

Key Takeaway

Homes in Westwinds Village have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Westwinds Village was $390,000 in November 2024, down 5.2% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $153K$155K
+1.3%
2 $279.7K$318K
+13.7%
3 $490K$438K
-10.6%
4 $607.5K$564.5K
-7.1%
5+ $1.1M$775K
-32.6%

Summary: Westwinds Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 32.6%.

Median Sold Price Compared To Nearby Neighborhoods

Westwinds Village
-5.2%
Gulf Front Community
-20.6%

Housing Supply in Westwinds Village, FL

How many homes are available in Westwinds Village, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3137+19.4%

Summary: The Westwinds Village real estate market had 37 homes for sale in November 2024, a 19.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 03
+100.0%
2 1111
0.0%
3 1213
+8.3%
4 79
+28.6%
5+ 11
0.0%

Summary: The Westwinds Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

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 Westwinds Village, 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 Westwinds Village in November 2024, the same as the previous 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 Westwinds Village, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days28 Days+25.8%

Summary: Homes in Westwinds Village had an average of 28 days on market in Nov 2024, up by 25.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Westwinds Village; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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