Is El Conquistador, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing El Conquistador is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, El Conquistador was a Neutral Market.

Key Takeaway

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

Housing Prices in El Conquistador, FL

How much do homes in El Conquistador, FL cost?

Median Sold Price

$374,450

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$3,050(-0.8%)

Key Takeaway

Homes in El Conquistador have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in El Conquistador was $374,450 in September 2024, down 0.8% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $315K$275K
-12.7%
3 $444K$405K
-8.8%
4 $1.3M$774.5K
-43.2%
5+ $1.3M$1.6M
+20.6%

Summary: El Conquistador housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 43.2%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Neighborhoods

Bayshore Gardens
+10.5%
El Conquistador
-0.8%

Housing Supply in El Conquistador, FL

How many homes are available in El Conquistador, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4441-6.8%

Summary: The El Conquistador real estate market had 41 homes for sale in September 2024, a 6.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2118
-14.3%
3 2322
-4.3%
4 00
0.0%
5+ 01
+100.0%

Summary: The El Conquistador housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were 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 El Conquistador, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in El Conquistador in September 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for El Conquistador, FL

How long does it take to sell a home in El Conquistador, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
61 Days209 Days+241.5%

Summary: Homes in El Conquistador had an average of 209 days on market in Sep 2024, up by 241.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in El Conquistador are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 2 homes were sold in El Conquistador; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Sep 1, 2024

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