Is Englewood, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Englewood is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Englewood has remained a Seller's Market.

Key Takeaway

Englewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Englewood, FL cost?

Median Sold Price

$386,900

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$56,966(+17.3%)

Key Takeaway

Homes in Englewood have sold for 17.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $149.9K$151K
+0.7%
2 $260K$310K
+19.2%
3 $425K$495K
+16.5%
4 $655K$1.0M
+61.5%
5+ $1.8M$2.8M
+53.3%

Median Sold Price Compared To Nearby Cities

Venice
+21.2%
Englewood
+17.3%

How many homes are available in Englewood, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
7882+5.1%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 86
-25.0%
2 2533
+32.0%
3 3229
-9.4%
4 77
0.0%
5+ 67
+16.7%

Number of Homes Sold

Nov 2022Dec 2022%
1116+45.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Englewood, you may be able to get a good deal. 93.8% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
22 Days65 Days+188.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Englewood are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Englewood, FL

Number of homes for sale in Englewood, FL real estate market have reached 82. The inventory of homes for sale in Englewood, FL between November 2022 and December 2022 increased by 5.1%. The median list price of listings available in December 2022 was $386,900, while the average time on the real estate market was 65 days. This housing market listing prices have changed between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0.7%, 2 bedrooms properties prices increased by 19.2%, 3 bedrooms properties prices increased by 16.5%, 4 bedrooms properties prices increased by 61.5%, prices of 5 bedrooms properties went up by 53.3%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 25%, number of 2 bedrooms homes increased by 32%, number of 3 bedrooms homes decreased by 9.4%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory increased by 16.7%. In December 2022, from all listings sold in Englewood, FL there were more than 0 sold above asking price, over 15 sold below and more than 1 were sold right at the asked price.

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