Is Eldorado Towers, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldorado Towers is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Eldorado Towers has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Eldorado Towers, FL

How much do homes in Eldorado Towers, FL cost?

Median Sold Price

$335,000

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-5.0%)

Key Takeaway

Homes in Eldorado Towers have sold for 5% less than they did a year ago.

Summary: The median home sold price in Eldorado Towers was $335,000 in October 2024, down 5% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $267.5K$280K
+4.7%
2 $368K$345K
-6.3%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Eldorado Towers housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eldorado Towers, FL

How many homes are available in Eldorado Towers, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2832+14.3%

Summary: The Eldorado Towers real estate market had 32 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 2124
+14.3%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Eldorado Towers housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Eldorado Towers, 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 Eldorado Towers in October 2024, up by 100.0% 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 Eldorado Towers, FL

How long does it take to sell a home in Eldorado Towers, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days18 Days-15.9%

Summary: Homes in Eldorado Towers had an average of 18 days on market in Oct 2024, down by 15.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eldorado Towers are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Eldorado Towers; 100% of homes were sold within 30 days, 0% 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

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