Is Alva, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Alva has remained a Seller's Market.
Key Takeaway
Alva is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Alva, FL cost?
Median Sold Price
$418,750
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$126,050(+43.1%)
Key Takeaway
Homes in Alva have sold for 43.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $280K | $190K | -32.1%  |
| 2 Bedrooms | $207.5K | $299.5K | +44.3% |
| 3 Bedrooms | $280K | $400K | +42.9% |
| 4 Bedrooms | $360K | $449K | +24.7% |
| 5+ Bedrooms | $526.2K | $1.0M | +94.6% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Alva | +43.1% |
| Fort Myers Shores | +28.6% |
| Lehigh Acres | +28.5% |
How many homes are available in Alva, FL?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 71 | 66 | -7.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 12 | 13 | +8.3%  |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alva, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 28 Days | 21 Days | -26.5% |
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Alva are selling fast, if you're buying plan to act quickly.
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