South Florida

Ocean Ridge, FL

Single-Family Homes

Real Estate Market Reports



Ocean Ridge, FL

Wed Apr 24 2024
This week the median list price for Ocean Ridge, FL is $5,500,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has increased to 13. 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 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.

Ocean Ridge, FL

Wed Apr 24 2024
This week the median list price for Ocean Ridge, FL is $5,500,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has increased to 13. 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 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 Ocean Ridge market.
Median List Price $5,500,000
Median Price of New Listings $0
Per Square Foot $1,225
Average Days on Market 142
Median Days on Market 112
Price Decreased 38%
Price Increased 8%
Relisted 38%
Inventory 13
Median Rent
Market Action 36
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$6,900,000 6,527 0.5 - 1 acre 5 5.5 28 0 0 77
$6,195,000 4,686 0.25 - 0.5 acre 5 4.5 6 0 0 98
$5,288,000 4,307 0.25 - 0.5 acre 6 5 19 0 0 112
$3,572,500 2,888 0.25 - 0.5 acre 4 3 50 0 1 189