South Florida

Ocean Ridge, FL

Single-Family Homes

Real Estate Market Reports



Ocean Ridge, FL

Thu Dec 08 2022
This week the median list price for Ocean Ridge, FL is $3,447,500 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 18. Click here to stay informed with the Ocean Ridge market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Ocean Ridge, FL

Thu Dec 08 2022
This week the median list price for Ocean Ridge, FL is $3,447,500 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 18. Click here to stay informed with the Ocean Ridge market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Ocean Ridge market.
Median List Price $3,447,500
Median Price of New Listings $0
Per Square Foot $1,108
Average Days on Market 93
Median Days on Market 60
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent
Market Action 24
Slight Buyer's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$8,197,500 5,052 0.25 - 0.5 acre 5 6.8 17 0 0 49
$4,600,000 4,322 0.25 - 0.5 acre 5 6 9 0 0 52
$3,195,000 3,542 0.25 - 0.5 acre 4 4 35 0 1 84
$1,850,000 1,630 0.25 - 0.5 acre 3 2 54 0 0 112