Is Elfers, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Elfers has remained a Seller's Market.
Housing Prices in Elfers, FL
How much do homes in Elfers, FL cost?
Median Sold Price
$245,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elfers was $245,000 in April 2024, up 2.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $92.5K | -19.6% |
2 Bedrooms | $226K | $230K | +1.8% |
3 Bedrooms | $265K | $274.9K | +3.7% |
4 Bedrooms | $397.3K | $340.5K | -14.3% |
5+ Bedrooms | $465K | $387.7K | -16.6% |
Summary: Elfers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Neighborhoods
The Heights | $134.9K | $167K | +23.7% |
Southeast New Port Richey | $220K | $238K | +8.2% |
Elfers | $239.9K | $245K | +2.1% |
Housing Supply in Elfers, FL
How many homes are available in Elfers, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 107 | +2.9% |
Summary: The Elfers real estate market had 107 homes for sale in April 2024, a 2.9% 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 | 63 | 67 | +6.3% |
3 Bedrooms | 35 | 34 | -2.9% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Elfers 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 increased by 6.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Elfers in April 2024, down by 24.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 11% were sold at asking, and 26% were sold over asking.
Days on Market for Elfers, FL
How long does it take to sell a home in Elfers, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 45 Days | +18.2% |
Summary: Homes in Elfers had an average of 45 days on market in Apr 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Elfers; 37% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.