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
1149 Falls Blvd 4 3 2,119 $488,000 $230 1 day
2144 Bahia Ln Unit 2144 4 3 1,766 $365,000 $206 2 days
1901 Harbor Pointe Cir 5 4 3,496 $949,900 $271 2 days
1611 Winterberry Ln 5 4 2,480 $589 $0.23 2 days
244 Landings Blvd 6 3 3,181 $949,000 $298 2 days
19511 S Coquina Way 7 5 5,255 $985,000 $187 2 days
108 Gables Blvd 5 4 2,585 $529,000 $204 2 days
16582 S Botaniko Dr S 4 6 3,434 $1,650,000 $480 3 days
3648 San Simeon Cir Unit #3648 2 3 1,131 $295,000 $260 3 days
1476 Presidio Dr 3 2 1,368 $398,000 $290 3 days
Average: 4.0 3.8 2,748 $740,397 $249 123 days
Viewing 1 - 10 of 423
Viewing 1 - 10 of 423
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
3733 Oak Ridge Ln 5 3 2,788 $650,000 $233 4 days
2321 Cordoba Bnd Unit 2321 2 3 1,053 $299,000 $283 6 days
2727 Center Ct Drive Unit 1-17 3 2 1,615 $489,000 $302 13 days
303 Racquet Club Rd Unit 212 1 2 845 $151,500 $179 16 days
302 Bridgeton Rd 3 3 2,199 $435,000 $197 32 days
520 SW 168th Ave 3 2 1,502 $369,900 $246 29 days
2674 Oakbrook Dr 4 3 3,135 $634,900 $202 47 days
1239 Waterview Ct 4 3 2,566 $584,900 $227 41 days
861 Marina Dr 5 5 4,016 $799,000 $198 55 days
629 Carrington Dr 4 2 2,070 $504,999 $243 61 days
Average: 3.4 2.8 2,036 $454,739 $223 57 days
Viewing 1 - 10 of 20
Viewing 1 - 10 of 20
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
767 Verona Lake Dr 4 3 2,443 $575,000 $575,000 $235 47 days 10/18/19
1420 Sabal Trl 3 2 1,420 $420,000 $407,000 $286 54 days 10/18/19
3 Fleming Ct 2 2 1,110 $247,500 $238,500 $214 59 days 10/18/19
1584 Canary Island Dr 4 3 1,802 $459,900 $455,000 $252 68 days 10/17/19
425 Lakeview Dr Unit #106 2 2 1,231 $226,000 $220,000 $178 95 days 10/17/19
2564 Jardin Way 5 4 2,886 $679,000 $667,500 $231 93 days 10/16/19
491 Sw 168th Ave 4 4 2,236 $430,000 $408,000 $182 105 days 10/16/19
16100 Golf Club Rd Unit #305 2 3 1,235 $210,000 $200,000 $161 158 days 10/16/19
800 Savannah Falls Dr 3 2 1,903 $424,900 $412,000 $216 278 days 10/16/19
910 Tulip Cir 4 2 1,876 $485,000 $475,000 $253 32 days 10/15/19
Average: 3.6 3.0 2,237 $511,007 $489,581 $217 93 days
Viewing 1 - 10 of 593
Viewing 1 - 10 of 593