Is Alva, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, Alva was a Seller's Market.
Key Takeaway
Alva is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Alva, FL cost?
Median Sold Price
$447,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$28,250(+6.7%)
Key Takeaway
Homes in Alva have sold for 6.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $190K | $362K | +90.5% |
| 2 Bedrooms | $278.2K | $380K | +36.6% |
| 3 Bedrooms | $400K | $426K | +6.5% |
| 4 Bedrooms | $449.5K | $592K | +31.7% |
| 5+ Bedrooms | $1.0M | $905K | -11.6% |
Median Sold Price Compared To Nearby Cities
| Lehigh Acres | $299.9K | $350K | +16.7% |
| Alva | $418.7K | $447K | +6.7% |
| Fort Myers Shores | $361.5K | $377K | +4.3% |
How many homes are available in Alva, FL?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 105 | 103 | -1.9% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 52 | 48 | -7.7% |
| 4 Bedrooms | 31 | 32 | +3.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alva, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
How long does it take to sell a home in Alva, FL?
How long does it take to sell a home in Alva, FL?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 18 Days | 66 Days | +251.6% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alva has remained consistent over time.
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