$1,425 Closing Credit*
$119,999
688 SqFt
1 Bed
•1 Full Bath
Sofia Solano, Listing Office: RE/MAX Select Group
Is Eastern Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Eastern Shores was a Seller's Market.
Key Takeaway
Eastern Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eastern Shores, FL
How much do homes in Eastern Shores, FL cost?
Median Sold Price
$350,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-10.3%)
Key Takeaway
Homes in Eastern Shores have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Eastern Shores was $350,000 in November 2024, down 10.3% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153.5K | $135K | -12.0% |
| 2 Bedrooms | $242.5K | $228K | -6.0% |
| 3 Bedrooms | $527.5K | $550K | +4.3% |
| 4 Bedrooms | $625K | $559K | -10.6% |
| 5+ Bedrooms | $1.0M | $1.0M | -2.4% |
Summary: Eastern Shores housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Eastern Shores, FL
How many homes are available in Eastern Shores, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 159 | +11.2% |
Summary: The Eastern Shores real estate market had 159 homes for sale in November 2024, a 11.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 44 | 50 | +13.6% |
| 2 Bedrooms | 30 | 38 | +26.7% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Eastern Shores housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eastern Shores, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Eastern Shores in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Eastern Shores, FL
How long does it take to sell a home in Eastern Shores, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 45 Days | -42.6% |
Summary: Homes in Eastern Shores had an average of 45 days on market in Nov 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eastern Shores are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Eastern Shores; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.