Weston Real Estate Market Report

or Create your own market report

As a Realtor, one of the most common questions I'm asked is "How's The Market?"

Here you can get a detailed Weston market report or even customize your own report based on neighborhoods. 

As an overview of the market from my perspective, it's definitely a Seller's Market here in South Florida! Weston is no exception. The Greater Fort Lauderdale Board of Realtors came out with statistics for the 1st Quarter of 2017 showing that single family homes in Weston only had a 2 month supply of inventory.  Keep in mind that 6 months is considered average! In the townhouse / condo category, there was only a 1.1 month supply of inventory.  

This goes to show that Weston is certainly a highly desirable area! Compare this with the averages for Broward County as a whole. Single family in Broward had a 3.3 month supply of inventory and for townhouses & condos, a 6 month supply.

If you're not interested in all these statistics and just want to search homes for sale, you can click here to go to my Weston page or click here to go to my home page where you can search anywhere in Broward County.

In the first quarter of 2017, 130 single family homes closed in Weston with a median sales price of $499,500. This represents a 9.2% increase over the 1st quarter of 2016. The average list to sales price was 94.8% and the median time from list to contract was 94 days.

Looking at townhouses and condos, there were 57 closed sales in the first quarter of 2017. Interestingly, 31 (more than half) were cash sales. I attribute this to the continued difficulty in financing condos in Florida. Personally I'm hoping that more condos will pursue FHA eligibility, as this would make it so much easier for young people to buy their first home. When I started in Real Estate back in 1998, there were many condos that could be purchased with FHA financing. 

Continuing on with townhouses and condos, the median sales price in Weston for the first quarter was $205k, surprisingly representing a 5.5% decrease over last year.  The average list to sales price was 95.5% and the median time from list to contract was 64 days.

If you haven't checked out the market report for your area, what are you waiting for! It's a great tool and it's free! 

Of course if you ever have questions about Real Estate or are thinking of buying or selling, I'd love to hear from you. You can give me a call at 954-557-7036 or email debbie@SouthFLHomes.com.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
200 Lakeview Dr Unit #111 2 2 1,106 $179,000 $161 3 days
402 Lakeview Dr Unit #202 2 2 1,231 $226,000 $183 1 day
490 Bonaventure Blvd 4 3 3,038 $540,000 $177 0 days
987 Sw Crestview Cir 5 3 3,073 $660,000 $214 9 days
4092 Cascade Ter 3 2 2,003 $540,000 $269 1 day
2534 Jardin Dr 5 3 2,810 $835,000 $297 0 days
681 Fox Creek Ct 5 4 2,941 $499,900 $169 1 day
3811 Pond Apple Dr Unit #3811 4 3 1,790 $419,900 $234 1 day
1365 Canary Island Dr 5 4 2,450 $524,900 $214 1 day
1929 W Harbor View Cir 5 4 2,986 $675,000 $226 2 days
Average: 3.9 3.5 2,784 $753,656 $253 116 days
Viewing 1 - 10 of 413
Viewing 1 - 10 of 413
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
845 Sand Creek Cr 3 2 1,945 $425,000 $218 3 days
1995 Sacramento 2 2 1,321 $335,000 $253 33 days
409 Lakeview Dr Unit 101 2 2 1,225 $229,900 $187 29 days
1265 Seagrape Cir 2 2 1,230 $349,900 $284 8 days
1236 Ginger Cir 5 4 3,140 $649,999 $207 58 days
2554 Bay Pointe Dr 3 3 2,832 $585,000 $206 36 days
4440 E Seneca Ave 5 4 2,998 $641,999 $214 70 days
1149 Falls Blvd 4 3 2,119 $488,000 $230 11 days
19270 Crystal Street 5 4 3,041 $620,000 $203 108 days
1230 Ginger Cir 4 4 2,902 $649,900 $223 110 days
Average: 3.4 2.9 2,088 $493,392 $220 70 days
Viewing 1 - 10 of 14
Viewing 1 - 10 of 14
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1591 Harbour Side Dr 3 2 1,800 $449,000 $439,000 $243 6 days 1/21/20
901 Spoonbill Cir 5 3 2,605 $639,000 $630,000 $241 21 days 1/17/20
3660 San Simeon Circle 4 3 1,728 $385,000 $375,000 $217 107 days 1/17/20
965 Falling Water Rd 3 2 1,532 $449,900 $432,000 $281 24 days 1/16/20
2893 Executive Park Dr Unit #107 N/A N/A N/A $232,706 $211,500 Unknown 143 days 1/16/20
1974 S Landing Way 4 3 2,463 $474,500 $470,000 $190 372 days 1/16/20
2853 Executive Park Dr Unit 103 N/A N/A N/A $455,000 $450,000 Unknown 0 days 1/15/20
737 Crescent Way 4 3 2,174 $645,000 $635,000 $292 25 days 1/15/20
291 Bermuda Springs Dr 3 2 1,669 $424,933 $405,000 $242 20 days 1/14/20
1708 Aspen Ln 4 2 1,859 $425,000 $415,000 $223 529 days 1/14/20
Average: 3.5 3.0 2,257 $518,716 $493,494 $217 71 days
Viewing 1 - 10 of 509
Viewing 1 - 10 of 509