How's the Real Estate Market??

Alva, FL

Single-Family Homes

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



Alva, FL

Mon Nov 30 2020
This week the median list price for Alva, FL is $387,760 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 53. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Alva, FL

Mon Nov 30 2020
This week the median list price for Alva, FL is $387,760 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 53. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Alva market.
Median List Price $387,760
Per Square Foot $175
Days on Market 82
Price Decreased 25%
Price Increased 32%
Relisted 2%
Inventory 53
Median Rent $5,500
Most Expensive $7,999,900
Least Expensive $77,000
Market Action 38
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$992,000 3,924 5 - 10 acres 4 3 23 2 0 202
$478,575 2,372 1 - 2.5 acres 3 3 0 0 1 53
$316,305 2,034 6,500 - 8,000 sqft 3 2 0 4 0 34
$232,495 1,614 4,500 - 6,500 sqft 2 2 0 3 2 41