How's the Real Estate Market??

Nokomis, FL

Single-Family Homes

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



Nokomis, FL

Wed Oct 20 2021
This week the median list price for Nokomis, FL is $549,900 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has decreased to 35. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Nokomis, FL

Wed Oct 20 2021
This week the median list price for Nokomis, FL is $549,900 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has decreased to 35. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Nokomis market.
Median List Price $549,900
Median Price of New Listings $625,000
Per Square Foot $358
Average Days on Market 43
Median Days on Market 28
Price Decreased 34%
Price Increased 9%
Relisted 6%
Inventory 35
Median Rent $3,800
Market Action 71
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
$3,575,000 2,927 1 - 2.5 acres 4 3 27 1 0 59
$795,000 2,383 0.25 - 0.5 acre 3 2 26 4 1 14
$450,000 1,655 0.25 - 0.5 acre 3 1 48 4 3 28
$365,000 1,354 0.25 - 0.5 acre 2 1 49 0 0 21