Is Sweetwater, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sweetwater was a Seller's Market.
Housing Prices in Sweetwater, FL
How much do homes in Sweetwater, FL cost?
Median Sold Price
$367,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sweetwater was $367,000 in April 2024, down 15.6% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | - | N/A |
2 Bedrooms | $275K | $295K | +7.3% |
3 Bedrooms | $435K | $454.5K | +4.5% |
4 Bedrooms | $532.5K | $630K | +18.3% |
5+ Bedrooms | $665K | $955K | +43.6% |
Summary: Sweetwater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 43.6%.
Median Sold Price Compared To Nearby Cities
North Westside | $428K | $473.7K | +10.7% |
Sweetwater | $435K | $367K | -15.6% |
Housing Supply in Sweetwater, FL
How many homes are available in Sweetwater, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The Sweetwater real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sweetwater housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sweetwater in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sweetwater, FL
How long does it take to sell a home in Sweetwater, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 61 Days | -9.5% |
Summary: Homes in Sweetwater had an average of 61 days on market in Apr 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Sweetwater; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.