How's the Real Estate Market??

Alva, FL

Single-Family Homes

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



Alva, FL

Thu Sep 16 2021
This week the median list price for Alva, FL is $469,500 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has increased to 29. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Alva, FL

Thu Sep 16 2021
This week the median list price for Alva, FL is $469,500 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has increased to 29. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Alva market.
Median List Price $469,500
Median Price of New Listings $399,900
Per Square Foot $233
Average Days on Market 71
Median Days on Market 21
Price Decreased 41%
Price Increased 10%
Relisted 3%
Inventory 29
Median Rent $4,500
Market Action 58
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$899,999 2,989 5 - 10 acres 3 2 23 1 1 112
$574,900 2,138 0.5 - 1 acre 3 2 26 2 3 21
$399,900 1,726 0.5 - 1 acre 3 2 25 2 0 7
$300,422 1,615 0.5 - 1 acre 3 2 24 2 3 28