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
15815 SW Seventeen St 6 6 5,406 $1,125,000 $208 0 days
357 Lakeview Dr Unit #102 2 2 1,256 $225,000 $179 0 days
3905 Pinecrest Ct 5 5 3,846 $859,000 $223 0 days
344 Fairway Cir Unit #37 3 2 1,500 $289,900 $193 0 days
16521 Sapphire St 3 2 1,495 $399,900 $267 1 day
1825 Main St N/A N/A N/A $2,150 Unknown 1 day
1825 Main St N/A N/A N/A $930 Unknown 1 day
193 LAKEVIEW DR Lakeview Unit #102 2 2 1,256 $189,900 $151 1 day
2087 Pasa Verde Ln 3 3 1,461 $339,900 $232 2 days
1820 N Corporate Lakes Blvd Unit #205 N/A N/A N/A $299,900 Unknown 2 days
Average: 4.0 3.6 2,917 $773,499 $244 114 days
Viewing 1 - 10 of 480
Viewing 1 - 10 of 480
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
964 Savannah Falls Dr 4 3 2,198 $524,000 $238 5 days
335 Ivy Ln Unit 12 2 2 N/A $325,000 Unknown 8 days
4349 Pine Ridge Ct 3 2 1,390 $375,000 $269 7 days
3908 E Coquina Wy 5 5 3,650 $797,000 $218 8 days
4245 Mahogany Ridge Dr 3 2 1,542 $399,000 $258 23 days
3808 San Simeon Cir Unit 3808 2 3 1,178 $300,000 $254 20 days
1132 Fairfield Meadows Dr 4 3 2,317 $550,000 $237 6 days
16006 Fairway Cir Unit 48 3 3 1,500 $285,000 $190 12 days
16502 Diamond Head Dr 5 4 3,161 $625,000 $197 2 days
16300 Golf Club Rd Unit 614 2 3 1,273 $215,000 $168 21 days
Average: 4.1 3.5 2,827 $621,368 $223 54 days
Viewing 1 - 10 of 31
Viewing 1 - 10 of 31
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
16620 Sunset Way 4 6 4,180 $1,750,000 $1,650,000 $394 199 days 5/21/19
4394 Mahogany Ridge Dr 3 2 1,609 $405,000 $398,000 $247 48 days 5/20/19
1260 Garden Rd 3 3 1,514 $399,000 $399,000 $263 48 days 5/20/19
4424 W Whitewater Ave 4 3 2,476 $529,900 $515,000 $207 48 days 5/20/19
4050 Timber Cove Ln 4 3 1,790 $410,000 $390,000 $217 77 days 5/20/19
16505 Diamond Head Dr 4 2 2,276 $549,000 $549,000 $241 62 days 5/17/19
2210 Tallahassee 3 2 1,611 $439,900 $420,000 $260 69 days 5/17/19
2280 Tallahassee 3 2 1,592 $475,000 $460,000 $288 71 days 5/17/19
1156 Cedar Falls Dr 3 3 1,857 $445,000 $440,000 $236 76 days 5/17/19
1144 Cedar Falls Dr 4 3 2,098 $560,000 $550,000 $262 72 days 5/16/19
Average: 3.6 3.1 2,394 $543,710 $515,791 $214 105 days
Viewing 1 - 10 of 469
Viewing 1 - 10 of 469