How's the Real Estate Market??

Alva, FL

Single-Family Homes

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



Alva, FL

Wed Oct 20 2021
This week the median list price for Alva, FL is $540,000 with the market action index hovering around 64. This is an increase over last month's market action index of 62. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Alva, FL

Wed Oct 20 2021
This week the median list price for Alva, FL is $540,000 with the market action index hovering around 64. This is an increase over last month's market action index of 62. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Alva market.
Median List Price $540,000
Median Price of New Listings $550,000
Per Square Foot $238
Average Days on Market 80
Median Days on Market 42
Price Decreased 45%
Price Increased 7%
Relisted 7%
Inventory 29
Median Rent $4,500
Market Action 64
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,499,000 3,519 5 - 10 acres 4 3 22 0 1 140
$648,999 2,485 0.5 - 1 acre 3 2 20 3 1 14
$445,900 2,138 0.25 - 0.5 acre 3 2 15 0 2 42
$314,610 1,690 0.25 - 0.5 acre 3 2 35 2 5 38