Is Blanche Ely, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blanche Ely is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Blanche Ely was a Seller's Market.

Key Takeaway

Blanche Ely is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Blanche Ely, FL

How much do homes in Blanche Ely, FL cost?

Median Sold Price

$200,000

$211/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$243,495(-54.9%)

Key Takeaway

Homes in Blanche Ely have sold for 54.9% less than they did a month ago.

Summary: The median home sold price in Blanche Ely was $200,000 in November 2024, down 54.9% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$200K
N/A
3 $451.9K-
N/A
4 $431K-
N/A
5+ --
N/A

Summary: Blanche Ely housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Blanche Ely, FL

How many homes are available in Blanche Ely, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The Blanche Ely real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 710
+42.9%
4 10
-100.0%
5+ 00
0.0%

Summary: The Blanche Ely housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blanche Ely, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Blanche Ely in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Blanche Ely, FL

How long does it take to sell a home in Blanche Ely, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
31 Days88 Days+177.2%

Summary: Homes in Blanche Ely had an average of 88 days on market in Nov 2024, up by 177.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blanche Ely has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Blanche Ely; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Blanche Ely, FL

Nearby Markets to Blanche Ely, FL