How's the Real Estate Market??

Alva, FL

Single-Family Homes

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



Alva, FL

Tue Sep 22 2020
This week the median list price for Alva, FL is $329,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 47. Click here to stay informed with the Alva market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Alva, FL

Tue Sep 22 2020
This week the median list price for Alva, FL is $329,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 47. Click here to stay informed with the Alva market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Alva market.
Median List Price $329,000
Per Square Foot $152
Days on Market 131
Price Decreased 15%
Price Increased 2%
Relisted 2%
Inventory 47
Median Rent $5,500
Most Expensive $7,999,900
Least Expensive $45,000
Market Action 42
Slight Seller's Advantage

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
$589,000 2,497 1 - 2.5 acres 4 3 17 3 0 248
$422,200 2,382 0.25 - 0.5 acre 3 3 3 7 3 77
$289,450 2,291 0.25 - 0.5 acre 3 2 7 6 2 123
$232,987 1,551 6,500 - 8,000 sqft 3 2 9 6 2 83