Is Englewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Englewood was a Seller's Market.
Housing Prices in Englewood, FL
How much do homes in Englewood, FL cost?
Median Sold Price
$368,425
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Englewood was $368,425 in June 2024, down 3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $150K | -11.8% |
2 Bedrooms | $310K | $300K | -3.2% |
3 Bedrooms | $478.5K | $459.3K | -4.0% |
4 Bedrooms | $781.7K | $625.2K | -20.0% |
5+ Bedrooms | $800K | $662.5K | -17.2% |
Summary: Englewood housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Cities
Venice | $468.8K | $463.5K | -1.1% |
Englewood | $379.9K | $368.4K | -3.0% |
Housing Supply in Englewood, FL
How many homes are available in Englewood, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
722 | 690 | -4.4% |
Summary: The Englewood real estate market had 690 homes for sale in June 2024, a 4.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 8 | -20.0% |
2 Bedrooms | 329 | 315 | -4.3% |
3 Bedrooms | 306 | 295 | -3.6% |
4 Bedrooms | 58 | 54 | -6.9% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Englewood housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
97 | 76 | -21.6% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in Englewood in June 2024, down by 21.6% month-over-month. Of the 76 sold homes, 82% were sold under asking, 13% were sold at asking, and 5% were sold over asking.
Days on Market for Englewood, FL
How long does it take to sell a home in Englewood, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
34 Days | 82 Days | +142.2% |
Summary: Homes in Englewood had an average of 82 days on market in Jun 2024, up by 142.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During June 2024, 76 homes were sold in Englewood; 32% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.