Is Englewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$369,086
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Englewood was $369,086 in May 2024, down 3% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166K | $155.5K | -6.3% |
2 Bedrooms | $312.3K | $300K | -3.9% |
3 Bedrooms | $479.2K | $458.2K | -4.4% |
4 Bedrooms | $810K | $630.5K | -22.2% |
5+ Bedrooms | $1.0M | $550K | -45.6% |
Summary: Englewood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 45.6%.
Median Sold Price Compared To Nearby Cities
Venice | $466.7K | $469.2K | 0.5% |
Englewood | $380.5K | $369K | -3.0% |
Housing Supply in Englewood, FL
How many homes are available in Englewood, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
766 | 751 | -2.0% |
Summary: The Englewood real estate market had 751 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 366 | 346 | -5.5% |
3 Bedrooms | 302 | 314 | +4.0% |
4 Bedrooms | 63 | 60 | -4.8% |
5+ Bedrooms | 22 | 19 | -13.6% |
Summary: The Englewood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 13.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
123 | 94 | -23.6% |
Asking Price vs. Sold Price
74 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Englewood in May 2024, down by 23.6% month-over-month. Of the 94 sold homes, 79% were sold under asking, 16% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 77 Days | +104.5% |
Summary: Homes in Englewood had an average of 77 days on market in May 2024, up by 104.5% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During May 2024, 94 homes were sold in Englewood; 37% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.