Is El Portal, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, El Portal was a Seller's Market.
Housing Prices in El Portal, FL
How much do homes in El Portal, FL cost?
Median Sold Price
$957,250
$586/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in El Portal was $957,250 in April 2024, up 0.8% from last year, and the median price per square foot was $586.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $754K | $826K | +9.5% |
3 Bedrooms | $915.5K | $926.7K | +1.2% |
4 Bedrooms | $1.0M | $1.5M | +53.0% |
5+ Bedrooms | - | $1.6M | N/A |
Summary: El Portal 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 9.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 53%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Miami Shores | $965K | $1.0M | +12.4% |
Miami | $506.2K | $546.1K | +7.9% |
El Portal | $950K | $957.2K | +0.8% |
Housing Supply in El Portal, FL
How many homes are available in El Portal, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The El Portal real estate market had 21 homes for sale in April 2024, a 50.0% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The El Portal 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 50%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in El Portal in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for El Portal, FL
How long does it take to sell a home in El Portal, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 89 Days | +231.5% |
Summary: Homes in El Portal had an average of 89 days on market in Apr 2024, up by 231.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in El Portal; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.