$1,246 Closing Credit*
$104,900
950 SqFt
2 Beds
•2 Full Baths
Brigette Jobson, Listing Office: Exclusively Real Estate
Is Westwood Community North, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Westwood Community North has remained a Seller's Market.
Key Takeaway
Westwood Community North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westwood Community North, FL
How much do homes in Westwood Community North, FL cost?
Median Sold Price
$254,500
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$5,000(-1.9%)
Key Takeaway
Homes in Westwood Community North have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Westwood Community North was $254,500 in August 2024, down 1.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.2K | $104.9K | +13.7% |
| 2 Bedrooms | $244K | $242.5K | -0.6% |
| 3 Bedrooms | $428K | $462.5K | +8.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Westwood Community North housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 8.1%, 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
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Westwood Community North real estate market had 41 homes for sale in August 2024, a 2.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 33 | 34 | +3.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westwood Community North housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 8 homes were sold or pending in Westwood Community North in August 2024, the same as the previous month. Of the 8 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 15 Days | 91 Days | +500.8% |
Summary: Homes in Westwood Community North had an average of 91 days on market in Aug 2024, up by 500.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Westwood Community North are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 8 homes were sold in Westwood Community North; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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