How's the Real Estate Market??

Boca Grande, FL

Single-Family Homes

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



Boca Grande, FL

Tue Jul 14 2020
This week the median list price for Boca Grande, FL is $2,362,500 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 48. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Boca Grande, FL

Tue Jul 14 2020
This week the median list price for Boca Grande, FL is $2,362,500 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 48. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Boca Grande market.
Median List Price $2,362,500
Per Square Foot $1,113
Days on Market 227
Price Decreased 13%
Price Increased 2%
Relisted 8%
Inventory 48
Median Rent $20,250
Most Expensive $9,750,000
Least Expensive $72,000
Market Action 27
Slight Buyer's Advantage

The market seems to have paused around this plateau. 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
$5,847,500 4,349 0.25 - 0.5 acre 4 4 27 0 0 256
$2,860,000 2,965 0.25 - 0.5 acre 3 3 22 0 1 246
$1,572,500 1,773 8,000 - 10,000 sqft 3 3 36 0 1 232
$86,250 288 0.5 - 1 acre NaN NaN 39 0 0 172