How's the Real Estate Market??

Englewood, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Englewood, FL

Tue Sep 22 2020
This week the median list price for Englewood, FL is $444,900 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 149. Click here to stay informed with the Englewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Englewood, FL

Tue Sep 22 2020
This week the median list price for Englewood, FL is $444,900 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 149. Click here to stay informed with the Englewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Englewood market.
Median List Price $444,900
Per Square Foot $209
Days on Market 176
Price Decreased 31%
Price Increased 6%
Relisted 3%
Inventory 149
Median Rent $2,600
Most Expensive $4,900,000
Least Expensive $69,000
Market Action 41
Slight Seller's Advantage

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,799,000 3,412 0.5 - 1 acre 3 3 28 1 1 333
$599,900 2,279 0.25 - 0.5 acre 3 2 31 2 6 194
$359,000 1,885 0.25 - 0.5 acre 3 2 26 5 7 88
$231,750 1,313 8,000 - 10,000 sqft 3 2 37 6 7 89