How's the Real Estate Market??

Bokeelia, FL

Single-Family Homes

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



Bokeelia, FL

Sat Jan 16 2021
This week the median list price for Bokeelia, FL is $417,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 37. Click here to stay informed with the Bokeelia 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 cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bokeelia, FL

Sat Jan 16 2021
This week the median list price for Bokeelia, FL is $417,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 37. Click here to stay informed with the Bokeelia 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 cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bokeelia market.
Median List Price $417,900
Per Square Foot $227
Days on Market 79
Price Decreased 41%
Price Increased 3%
Relisted 16%
Inventory 37
Median Rent $2,500
Most Expensive $3,395,000
Least Expensive $110,000
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$1,100,000 2,812 0.25 - 0.5 acre 3 3 20 1 0 59
$595,000 2,024 0.5 - 1 acre 3 3 37 0 1 101
$275,000 1,288 0.25 - 0.5 acre 3 2 42 0 2 73
$162,000 890 8,000 - 10,000 sqft 2 1 48 1 0 83