$3,562 Closing Credit*
$299,999
1,125 SqFt
2 Beds
•2 Full Baths
Georgete Frey, LLC, Listing Office: DALTON WADE INC
Is Elfers, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Elfers has remained a Seller's Market.
Key Takeaway
Elfers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elfers, FL
How much do homes in Elfers, FL cost?
Median Sold Price
$235,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,731(-2.0%)
Key Takeaway
Homes in Elfers have sold for 2% less than they did a year ago.
Summary: The median home sold price in Elfers was $235,000 in October 2024, down 2% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $50K | -60.0% |
| 2 Bedrooms | $225K | $220K | -2.2% |
| 3 Bedrooms | $260K | $265K | +1.9% |
| 4 Bedrooms | $375K | $342.5K | -8.7% |
| 5+ Bedrooms | $415K | $433K | +4.3% |
Summary: Elfers housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in Elfers, FL
How many homes are available in Elfers, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 97 | +10.2% |
Summary: The Elfers real estate market had 97 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 46 | 52 | +13.0% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Elfers housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 8.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elfers, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Elfers in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Elfers, FL
How long does it take to sell a home in Elfers, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 38 Days | +13.6% |
Summary: Homes in Elfers had an average of 38 days on market in Oct 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elfers are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Elfers; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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