$7,838 Closing Credit*
$660,000
2,368 SqFt
6 Beds
•4 Full Baths
lisbey Tamayo PA, Listing Office: MALIBU BAY REALTY
Is Wyndham Palms, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wyndham Palms was a Buyer's Market.
Key Takeaway
Wyndham Palms 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 Wyndham Palms, FL
How much do homes in Wyndham Palms, FL cost?
Median Sold Price
$448,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$148,100(+49.4%)
Key Takeaway
Homes in Wyndham Palms have sold for 49.4% more than they did a year ago.
Summary: The median home sold price in Wyndham Palms was $448,000 in November 2024, up 49.4% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253K | $240K | -5.1% |
| 3 Bedrooms | $287K | $276.5K | -3.7% |
| 4 Bedrooms | $495K | $461.5K | -6.8% |
| 5+ Bedrooms | $568.2K | $535.3K | -5.8% |
Summary: Wyndham Palms housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Wyndham Palms | $299.9K | $448K | +49.4% |
| Indian Creek | $458.5K | $475K | +3.6% |
Housing Supply in Wyndham Palms, FL
How many homes are available in Wyndham Palms, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Wyndham Palms real estate market had 28 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Wyndham Palms 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyndham Palms, 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 Wyndham Palms in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Wyndham Palms, FL
How long does it take to sell a home in Wyndham Palms, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 66 Days | -27.7% |
Summary: Homes in Wyndham Palms had an average of 66 days on market in Nov 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wyndham Palms are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Wyndham Palms; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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