How's the Real Estate Market??

Nokomis, FL

Single-Family Homes

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



Nokomis, FL

Wed Jul 06 2022
This week the median list price for Nokomis, FL is $889,450 with the market action index hovering around 59. This is less than last month's market action index of 65. Inventory has increased to 64. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Nokomis, FL

Wed Jul 06 2022
This week the median list price for Nokomis, FL is $889,450 with the market action index hovering around 59. This is less than last month's market action index of 65. Inventory has increased to 64. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Nokomis market.
Median List Price $889,450
Median Price of New Listings $619,500
Per Square Foot $367
Average Days on Market 53
Median Days on Market 21
Price Decreased 27%
Price Increased 6%
Relisted 2%
Inventory 64
Median Rent
Market Action 59
Strong Seller's Market

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
$3,320,000 3,023 0.5 - 1 acre 4 3.5 43 1 0 59
$997,500 2,558 0.25 - 0.5 acre 3 2.8 27 1 1 17
$762,500 2,065 8,000 - 10,000 sqft 3 2 17 3 0 21
$567,499 1,684 8,000 - 10,000 sqft 3 2 11 6 4 14