Is Westwood Community North, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westwood Community North is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Westwood Community North was a Seller's Market.

Key Takeaway

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

Housing Prices in Westwood Community North, FL

How much do homes in Westwood Community North, FL cost?

Median Sold Price

$245,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$83,250(-25.4%)

Key Takeaway

Homes in Westwood Community North have sold for 25.4% less than they did a year ago.

Summary: The median home sold price in Westwood Community North was $245,000 in December 2024, down 25.4% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $92.5K$160K
+73.0%
2 $311K$225K
-27.7%
3 $414K$462.5K
+11.7%
4 --
N/A
5+ --
N/A

Summary: Westwood Community North housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73%, 2 bedroom homes decreased by 27.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Westwood Community North, FL

How many homes are available in Westwood Community North, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3637+2.8%

Summary: The Westwood Community North real estate market had 37 homes for sale in December 2024, a 2.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 44
0.0%
2 2930
+3.4%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Westwood Community North 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 increased by 3.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Westwood Community North, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Westwood Community North in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Westwood Community North, FL

How long does it take to sell a home in Westwood Community North, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days53 Days+15.0%

Summary: Homes in Westwood Community North had an average of 53 days on market in Dec 2024, up by 15% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Westwood Community North has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Westwood Community North; 0% of homes were sold within 30 days, 100% 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 6 Days Ago

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