03/13/2026
This update focuses on the Englewood market, I’m a listing agent serving clients throughout Central and Southwest Florida.
Market conditions can vary quite a bit from one area to another, so if you're curious about what's happening in your specific neighborhood, I'm always happy to provide a local update.
Now here’s a quick snapshot of what’s happening in Englewood real estate and mortgage rates right now.
📈 Mortgage Rates (as of March 12, 2026)
30-Year Fixed: 6.11%
15-Year Fixed: 5.50%
Rates are actually slightly lower than they were a year ago, and over the past year the 30-year rate has generally stayed between about 6% and 6.9%. This stability has helped bring buyers back into the market.
🏡 Englewood Single-Family Home Market (as of March 13, 2026)
Homes for Sale
✨ 373 active listings
✨ Median list price: $499,000
✨ 124 pending listings
Homes Sold in the Last 6 Months
✨ 425 homes sold
✨ Median list price: $395,000
✨ Median sold price: $374,700
✨ Median days on market: 56 days
What this means in simple terms
Homes are still selling steadily, and buyers are active. On average, homes have been selling for about 5% below the original list price, which shows that pricing a home correctly from the start really matters.
It also appears that some homes currently coming on the market may be priced a bit higher than where buyers have recently been closing deals. In today’s market, the homes that are priced well and show well tend to sell the fastest.
With mortgage rates holding relatively steady around the low-6% range, many buyers are adjusting and continuing to move forward with their home searches.
If you’re curious what your home might sell for in today’s market, or if you’re thinking about buying and want to understand what your purchasing power looks like with current rates, message me, I’d be happy to run the numbers for you.