$10,000 Closing Credit*
$900,000
2,138 SqFt
3 Beds
•3 Full Baths, 1 Partial
Rick Brown, Listing Office: KELLER WILLIAMS ADVANTAGE 2 REALTY
Is South Eola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Eola was a Seller's Market.
Key Takeaway
South Eola is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Eola, FL
How much do homes in South Eola, FL cost?
Median Sold Price
$525,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$110,000(+26.5%)
Key Takeaway
Homes in South Eola have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in South Eola was $525,000 in November 2024, up 26.5% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $230K | -13.2% |
| 2 Bedrooms | $460.5K | $530K | +15.1% |
| 3 Bedrooms | $845K | $848.5K | 0.4% |
| 4 Bedrooms | $820K | - | N/A |
| 5+ Bedrooms | $2.6M | - | N/A |
Summary: South Eola housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in South Eola, FL
How many homes are available in South Eola, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The South Eola real estate market had 32 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Eola housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Eola, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Eola in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for South Eola, FL
How long does it take to sell a home in South Eola, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 59 Days | +18.4% |
Summary: Homes in South Eola had an average of 59 days on market in Nov 2024, up by 18.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Eola are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in South Eola; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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