Weston Real Estate: A Balanced Market with Growing Opportunities for Buyers

The real estate market in Weston, Florida currently has a monthly inventory supply of 4.12 months, indicating a healthy balance between supply and demand. However, the 52.03% increase in inventory over the past 12 months suggests a shift towards a more buyer-friendly market, with more homes available. Despite this rise in inventory, properties are still selling quickly, with a median time of just 24 days on the market. This could be due to the fact that homes are selling at 96.1% of their listed price, showing that sellers are pricing competitively and buyers are willing to pay close to the asking price. The median sale price in Weston is $937,000, reflecting the overall value of properties in the area. These metrics are essential for buyers to consider when making offers and negotiating prices. In summary, while inventory has increased, homes are still selling swiftly and close to their asking prices. Buyers should take advantage of the current market conditions to find a property that suits their needs and budget.