$26,500
0.30 Acres
Land
Reilly Koontz, Listing Office: GET LAND FLORIDA
Is Englewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Englewood has remained a Buyer'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
$374,833
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,733(+1.8%)
Key Takeaway
Homes in Englewood have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Englewood was $374,833 in November 2024, up 1.8% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $130K | -19.8% |
| 2 Bedrooms | $304K | $304K | 0.0% |
| 3 Bedrooms | $449.5K | $458.6K | +2.0% |
| 4 Bedrooms | $694.7K | $575K | -17.2% |
| 5+ Bedrooms | $690K | $949.8K | +37.7% |
Summary: Englewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes increased by 37.7%.
Median Sold Price Compared To Nearby Cities
| Englewood | $368.1K | $374.8K | +1.8% |
| Venice | $472.7K | $450.1K | -4.8% |
Housing Supply in Englewood, FL
How many homes are available in Englewood, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 542 | 638 | +17.7% |
Summary: The Englewood real estate market had 638 homes for sale in November 2024, a 17.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 249 | 306 | +22.9% |
| 3 Bedrooms | 227 | 258 | +13.7% |
| 4 Bedrooms | 37 | 40 | +8.1% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Englewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 42 | -22.2% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Englewood, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Englewood in November 2024, down by 22.2% month-over-month. Of the 42 sold homes, 81% were sold under asking, 17% were sold at asking, and 2% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 67 Days | +4.4% |
Summary: Homes in Englewood had an average of 67 days on market in Nov 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
13 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 November 2024, 42 homes were sold in Englewood; 43% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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