Is Everglades, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Everglades was a Seller's Market.
Key Takeaway
Everglades is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Everglades, FL
How much do homes in Everglades, FL cost?
Median Sold Price
$865,000
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Everglades have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Everglades was $865,000 in May 2024, up 8.2% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $962.5K | $530K | -44.9% |
| 2 Bedrooms | $890K | $680K | -23.6% |
| 3 Bedrooms | $760K | $804K | +5.8% |
| 4 Bedrooms | $772.5K | $892.5K | +15.5% |
| 5+ Bedrooms | $922.5K | $966.5K | +4.8% |
Summary: Everglades housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.9%, 2 bedroom homes decreased by 23.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Florida City | $350K | $411.9K | +17.7% |
| Kendale Lakes-Tamiami | $483.8K | $546K | +12.9% |
| Homestead | $412.5K | $458.6K | +11.2% |
| Princeton-Goulds | $464.8K | $515K | +10.8% |
| Everglades | $799.4K | $865K | +8.2% |
Housing Supply in Everglades, FL
How many homes are available in Everglades, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 67 | +6.3% |
Summary: The Everglades real estate market had 67 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 21 | 20 | -4.8% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Everglades housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Everglades, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Everglades in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Everglades, FL
How long does it take to sell a home in Everglades, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 87 Days | +30.8% |
Summary: Homes in Everglades had an average of 87 days on market in May 2024, up by 30.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Everglades are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 7 homes were sold in Everglades; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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