Tamina Aratari "s Market Update

Boca Grande, FL 33921

Single-Family Homes

Luxury Waterfront Realtor | 941-286-9647 | puntagordaisles@gmail.com



Boca Grande, FL 33921

Sat Nov 27 2021
This week the median list price for Boca Grande, FL 33921 is $4,475,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 13. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Boca Grande, FL 33921

Sat Nov 27 2021
This week the median list price for Boca Grande, FL 33921 is $4,475,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 13. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Boca Grande market.
Median List Price $4,475,000
Median Price of New Listings $4,475,000
Per Square Foot $1,401
Average Days on Market 86
Median Days on Market 35
Price Decreased 15%
Price Increased 15%
Relisted 0%
Inventory 13
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$7,100,000 4,792 0.5 - 1 acre 4 4.5 24 0 1 161
$4,995,000 3,168 0.25 - 0.5 acre 3 3.5 20 1 0 7
$3,999,900 2,926 8,000 - 10,000 sqft 3 3 32 2 2 0
$1,547,450 2,252 4,500 - 6,500 sqft 2 2.8 31 0 0 28