Is Encantada, 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, Encantada has remained a Seller's Market.
Housing Prices in Encantada, FL
How much do homes in Encantada, FL cost?
Median Sold Price
$335,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Encantada was $335,000 in April 2024, down 4.3% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $295K | $296.5K | 0.5% |
3 Bedrooms | $355K | $340K | -4.2% |
4 Bedrooms | $410K | $392.5K | -4.3% |
5+ Bedrooms | - | - | N/A |
Summary: Encantada housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Villas at Secret Lake | $200K | $227.4K | +13.7% |
Four Corners | $410.6K | $404.8K | -1.4% |
Encantada | $350K | $335K | -4.3% |
Housing Supply in Encantada, FL
How many homes are available in Encantada, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Summary: The Encantada real estate market had 22 homes for sale in April 2024, a 15.8% 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 | 7 | 11 | +57.1% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Encantada 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 57.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Encantada in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Encantada, FL
How long does it take to sell a home in Encantada, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
79 Days | 44 Days | -43.6% |
Summary: Homes in Encantada had an average of 44 days on market in Apr 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Encantada; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.