Is Windermere, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Windermere has remained a Seller's Market.
Housing Prices in Windermere, FL
How much do homes in Windermere, FL cost?
Median Sold Price
$754,226
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Windermere was $754,226 in May 2024, up 3.8% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $337.5K | $380K | +12.6% |
3 Bedrooms | $500K | $445K | -11.0% |
4 Bedrooms | $822.4K | $763.3K | -7.2% |
5+ Bedrooms | $1.2M | $1.6M | +31.8% |
Summary: Windermere 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 increased by 12.6%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
Southwest Orange | $501.8K | $539.9K | +7.6% |
Windermere | $726.7K | $754.2K | +3.8% |
Housing Supply in Windermere, FL
How many homes are available in Windermere, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
307 | 311 | +1.3% |
Summary: The Windermere real estate market had 311 homes for sale in May 2024, a 1.3% increase 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 | 5 | 6 | +20.0% |
3 Bedrooms | 82 | 72 | -12.2% |
4 Bedrooms | 104 | 105 | +1.0% |
5+ Bedrooms | 116 | 128 | +10.3% |
Summary: The Windermere 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 increased by 20%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 54 | -5.3% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Windermere in May 2024, down by 5.3% month-over-month. Of the 54 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Windermere, FL
How long does it take to sell a home in Windermere, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 40 Days | -2.7% |
Summary: Homes in Windermere had an average of 40 days on market in May 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 54 homes were sold in Windermere; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.