Is Boca West Country Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boca West Country Club is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Boca West Country Club has remained a Seller's Market.

Key Takeaway

Boca West Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$15,000(+4.4%)

Key Takeaway

Homes in Boca West Country Club have sold for 4.4% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $145K$89K
-38.6%
2 $275.5K$260K
-5.6%
3 $800K$775K
-3.1%
4 $851K$1.5M
+76.3%
5+ $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 2024May 2024CHANGE
120101-15.8%

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

# BEDSApr 2024May 2024CHANGE
1 97
-22.2%
2 7968
-13.9%
3 3022
-26.7%
4 24
+100.0%
5+ 00
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 2024May 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boca West Country Club, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

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 2023May 2024CHANGE
55 Days91 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boca West Country Club are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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