How's the Real Estate Market??

Nokomis, FL

Single-Family Homes

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



Nokomis, FL

Mon Nov 30 2020
This week the median list price for Nokomis, FL is $514,602 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 100. Click here to stay informed with the Nokomis market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Nokomis, FL

Mon Nov 30 2020
This week the median list price for Nokomis, FL is $514,602 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 100. Click here to stay informed with the Nokomis market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nokomis market.
Median List Price $514,602
Per Square Foot $225
Days on Market 121
Price Decreased 25%
Price Increased 31%
Relisted 5%
Inventory 100
Median Rent $3,775
Most Expensive $7,995,000
Least Expensive $220,000
Market Action 41
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
$2,990,000 4,140 0.5 - 1 acre 4 4 31 3 2 235
$679,900 2,892 0.25 - 0.5 acre 3 2 16 4 6 119
$419,900 2,064 8,000 - 10,000 sqft 3 1 14 2 9 78
$334,900 1,677 6,500 - 8,000 sqft 3 1 3 1 3 51