How's the Real Estate Market??

Englewood, FL

Single-Family Homes

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



Englewood, FL

Wed Jul 06 2022
This week the median list price for Englewood, FL is $712,000 with the market action index hovering around 59. This is less than last month's market action index of 67. Inventory has increased to 104. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Englewood, FL

Wed Jul 06 2022
This week the median list price for Englewood, FL is $712,000 with the market action index hovering around 59. This is less than last month's market action index of 67. Inventory has increased to 104. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Englewood market.
Median List Price $712,000
Median Price of New Listings $495,000
Per Square Foot $347
Average Days on Market 51
Median Days on Market 35
Price Decreased 42%
Price Increased 8%
Relisted 7%
Inventory 104
Median Rent
Market Action 59
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$1,662,500 2,537 0.5 - 1 acre 3 3 44 2 0 52
$899,499 2,093 0.25 - 0.5 acre 3 2.5 42 4 3 42
$549,950 1,772 0.25 - 0.5 acre 3 2 34 7 5 28
$356,500 1,420 0.25 - 0.5 acre 3 2 42 10 5 24