Is Boca West Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Boca West Country Club has remained a Seller's Market.
Housing Prices in Boca West Country Club, FL
How much do homes in Boca West Country Club, FL cost?
Median Sold Price
$355,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boca West Country Club was $355,000 in May 2024, up 4.4% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $89K | -38.6% |
2 Bedrooms | $275.5K | $260K | -5.6% |
3 Bedrooms | $800K | $775K | -3.1% |
4 Bedrooms | $851K | $1.5M | +76.3% |
5+ Bedrooms | $2.6M | $1.2M | -55.3% |
Summary: Boca West Country Club housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.6%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 76.3%, and 5+ bedroom homes decreased by 55.3%.
Housing Supply in Boca West Country Club, FL
How many homes are available in Boca West Country Club, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 101 | -15.8% |
Summary: The Boca West Country Club real estate market had 101 homes for sale in May 2024, a 15.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 7 | -22.2% |
2 Bedrooms | 79 | 68 | -13.9% |
3 Bedrooms | 30 | 22 | -26.7% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boca West Country Club housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 18 | -28.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Boca West Country Club in May 2024, down by 28.0% month-over-month. Of the 18 sold homes, 83% were sold under asking, 11% were sold at asking, and 6% were sold over asking.
Days on Market for Boca West Country Club, FL
How long does it take to sell a home in Boca West Country Club, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 91 Days | +63.6% |
Summary: Homes in Boca West Country Club had an average of 91 days on market in May 2024, up by 63.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Boca West Country Club; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.