Is Ellenton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Ellenton has remained a Seller's Market.
Housing Prices in Ellenton, FL
How much do homes in Ellenton, FL cost?
Median Sold Price
$360,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Ellenton was $360,000 in June 2024, down 12.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $85.1K | N/A |
2 Bedrooms | $207.5K | $175.8K | -15.2% |
3 Bedrooms | $425K | $412.8K | -2.9% |
4 Bedrooms | $461.1K | $450K | -2.4% |
5+ Bedrooms | $603.7K | $610K | +1.0% |
Summary: Ellenton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Bradenton | $445.5K | $455.8K | +2.3% |
Myakka City | $621.2K | $627.3K | +1.0% |
Parrish | $455.1K | $458.9K | +0.8% |
Palmetto | $394.9K | $397.8K | +0.7% |
Ellenton | $410K | $360K | -12.2% |
Housing Supply in Ellenton, FL
How many homes are available in Ellenton, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
74 | 71 | -4.1% |
Summary: The Ellenton real estate market had 71 homes for sale in June 2024, a 4.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 40 | 35 | -12.5% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Ellenton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 12 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Ellenton in June 2024, down by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Ellenton, FL
How long does it take to sell a home in Ellenton, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
72 Days | 65 Days | -9.2% |
Summary: Homes in Ellenton had an average of 65 days on market in Jun 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in Ellenton; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.