Englewood Real Estate April 2013
The following statistical report offers some insight to the current Real Estate market in Englewood, Florida.
For April, 68 homes sold, at a median price of $142,000, largely static compared to 74 homes changing hands in April of 2012, at a median of $140,000. There are currently 119 pending sales.
There are 366 active listings, with a median asking price of $289,500. Distressed sales are not much of a factor in Englewood, as traditional sales represent 90% of the market. These listings represent 6.77 months of inventory, based on 648 homes sold over the prior year, or 54 per month.
The average ask price as well as months of inventory are impacted by the fact that 99 homes (27% of the market) have ask prices over $500,000, and of those, 55 are listed for more than $1 million, most of them on Manasota Key.
For April, 68 homes sold, at a median price of $142,000, largely static compared to 74 homes changing hands in April of 2012, at a median of $140,000. There are currently 119 pending sales.
There are 366 active listings, with a median asking price of $289,500. Distressed sales are not much of a factor in Englewood, as traditional sales represent 90% of the market. These listings represent 6.77 months of inventory, based on 648 homes sold over the prior year, or 54 per month.
The average ask price as well as months of inventory are impacted by the fact that 99 homes (27% of the market) have ask prices over $500,000, and of those, 55 are listed for more than $1 million, most of them on Manasota Key.
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