How's the Real Estate Market??

Englewood, FL

Single-Family Homes

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



Englewood, FL

Mon Jan 17 2022
This week the median list price for Englewood, FL is $699,000 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has decreased to 67. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Englewood, FL

Mon Jan 17 2022
This week the median list price for Englewood, FL is $699,000 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has decreased to 67. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Englewood market.
Median List Price $699,000
Median Price of New Listings $450,000
Per Square Foot $364
Average Days on Market 84
Median Days on Market 35
Price Decreased 28%
Price Increased 9%
Relisted 3%
Inventory 67
Median Rent $2,898
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,212,500 4,155 0.5 - 1 acre 4 3.5 29 3 1 105
$1,225,000 2,253 0.25 - 0.5 acre 3 2.5 48 3 4 91
$540,000 2,380 0.25 - 0.5 acre 3 2 41 7 5 28
$324,900 1,496 0.25 - 0.5 acre 3 2 35 10 6 14