$4,624 Closing Credit*
$389,389
1,563 SqFt
3 Beds
•2 Full Baths
Paula Van De Ree, Listing Office: NEAL VAN DE REE & ASSOCIATES
Is Englewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Englewood was a Seller's Market.
Key Takeaway
Englewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Englewood, FL
How much do homes in Englewood, FL cost?
Median Sold Price
$373,600
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,640(+1.0%)
Key Takeaway
Homes in Englewood have sold for 1% more than they did a year ago.
Summary: The median home sold price in Englewood was $373,600 in October 2024, up 1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166K | $127.5K | -23.2% |
| 2 Bedrooms | $304.4K | $300K | -1.5% |
| 3 Bedrooms | $455K | $445K | -2.2% |
| 4 Bedrooms | $760K | $565K | -25.7% |
| 5+ Bedrooms | $690K | $949.8K | +37.7% |
Summary: Englewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes increased by 37.7%.
Median Sold Price Compared To Nearby Cities
| Englewood | $369.9K | $373.6K | +1.0% |
| Venice | $469.6K | $455K | -3.1% |
Housing Supply in Englewood, FL
How many homes are available in Englewood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 495 | 540 | +9.1% |
Summary: The Englewood real estate market had 540 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 222 | 250 | +12.6% |
| 3 Bedrooms | 207 | 222 | +7.2% |
| 4 Bedrooms | 37 | 38 | +2.7% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Englewood 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 12.6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Englewood, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Englewood in October 2024, up by 16.3% month-over-month. Of the 50 sold homes, 80% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for Englewood, FL
How long does it take to sell a home in Englewood, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 84 Days | +44.0% |
Summary: Homes in Englewood had an average of 84 days on market in Oct 2024, up by 44% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Englewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 50 homes were sold in Englewood; 36% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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