Is Weirsdale, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Weirsdale was a Buyer's Market.
Key Takeaway
Weirsdale 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 Weirsdale, FL
How much do homes in Weirsdale, FL cost?
Median Sold Price
$340,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Weirsdale have sold for 23.6% less than they did a year ago.
Summary: The median home sold price in Weirsdale was $340,000 in May 2024, down 23.6% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $110K | N/A |
| 2 Bedrooms | $375K | $134K | -64.3% |
| 3 Bedrooms | $415K | $370K | -10.8% |
| 4 Bedrooms | $440K | $340K | -22.7% |
| 5+ Bedrooms | $1.4M | $289.7K | -79.3% |
Summary: Weirsdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 79.3%.
Median Sold Price Compared To Nearby Cities
| Lady Lake | $320K | $309.4K | -3.3% |
| Summerfield | $285K | $273.5K | -4.0% |
| Fruitland Park-Lady Lake | $315K | $290K | -7.9% |
| Weirsdale | $445K | $340K | -23.6% |
Housing Supply in Weirsdale, FL
How many homes are available in Weirsdale, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Summary: The Weirsdale real estate market had 14 homes for sale in May 2024, a 26.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Weirsdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 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 Weirsdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Weirsdale in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Weirsdale, FL
How long does it take to sell a home in Weirsdale, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 188 Days | 137 Days | -27.3% |
Summary: Homes in Weirsdale had an average of 137 days on market in May 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Weirsdale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 2 homes were sold in Weirsdale; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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