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

Tue Jun 06 2023
This week the median list price for Boca Grande, FL 33921 is $4,772,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has increased to 22. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Boca Grande, FL 33921

Tue Jun 06 2023
This week the median list price for Boca Grande, FL 33921 is $4,772,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has increased to 22. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Boca Grande market.
Median List Price $4,772,500
Median Price of New Listings $0
Per Square Foot $1,964
Average Days on Market 84
Median Days on Market 60
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 22
Median Rent
Market Action 28
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$8,250,000 3,396 0.5 - 1 acre 4 3.5 26 0 0 77
$5,995,000 3,301 0.25 - 0.5 acre 4 3.5 17 0 0 42
$4,400,000 2,557 8,000 - 10,000 sqft 3 3 39 0 0 52
$3,122,500 2,104 8,000 - 10,000 sqft 3 3.3 25 0 1 164