Is Alva, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alva is a 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

# BEDSMay 2021May 2022%
1 $280K$190K
-32.1%
2 $207.5K$299.5K
+44.3%
3 $280K$400K
+42.9%
4 $360K$449K
+24.7%
5+ $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 2022May 2022%
7166-7.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 11
0.0%
2 87
-12.5%
3 4341
-4.7%
4 1213
+8.3%
5+ 74
-42.9%

Number of Homes Sold

Apr 2022May 2022%
1817-5.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2021May 2022%
28 Days21 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alva are selling fast, if you're buying plan to act quickly.

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

About Alva, FL

Number of homes for sale in Alva, FL real estate market have reached 66. Between April 2022 and May 2022, Alva, FL real estate market has seen decrease in the number of listings by 7%. The median list price of listings available in May 2022 was $418,750, while the average time on the real estate market was 21 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 32.1%, prices of 2 bedrooms properties increased by 44.3%, the cost of 3 bedrooms properties went up by 42.9%, prices of 4 bedrooms properties went up by 24.7%, prices of 5 bedrooms properties increased by 94.6%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 12.5%, the quantity of 3 bedrooms homes went down by 4.7%, volume of 4 bedrooms homes went up by 8.3%, volume of 5 bedrooms homes went down by 42.9%. In May 2022 more than 5 listings in Alva, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 5 were sold below.

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