How's the Real Estate Market??

Boca Grande, FL

Single-Family Homes

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



Boca Grande, FL

Fri Apr 23 2021
This week the median list price for Boca Grande, FL is $2,595,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 20. Click here to stay informed with the Boca Grande market!

Market Action Index

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

Slight Seller's Advantage

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.

Boca Grande, FL

Fri Apr 23 2021
This week the median list price for Boca Grande, FL is $2,595,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 20. Click here to stay informed with the Boca Grande market!

Market Action Index

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

Slight Seller's Advantage

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 Boca Grande market.
Median List Price $2,595,000
Per Square Foot $1,258
Days on Market 102
Price Decreased 0%
Price Increased 15%
Relisted 10%
Inventory 20
Median Rent
Most Expensive $23,500,000
Least Expensive $75,600
Market Action 40
Slight Seller's Advantage

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
$7,400,000 5,012 0.25 - 0.5 acre 4 4 11 0 0 504
$3,100,000 2,860 0.25 - 0.5 acre 4 3 16 1 1 56
$1,825,000 2,490 0.25 - 0.5 acre 4 3 24 0 1 119
$75,600 0 0.5 - 1 acre NaN NaN 40 0 0 84