Is Boca Ciega, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boca Ciega is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Boca Ciega has remained a Seller's Market.

Key Takeaway

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

How much do homes in Boca Ciega, FL cost?

Median Sold Price

$466,648

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$86,562(+22.8%)

Key Takeaway

Homes in Boca Ciega have sold for 22.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $178.9K$238.7K
+33.5%
2 $289.8K$353.6K
+22.0%
3 $425.4K$522.9K
+22.9%
4 $539.9K$655K
+21.3%
5+ $788.5K$1.0M
+36.3%

Median Sold Price Compared To Nearby Cities

North Redington Beach
+174.5%
Indian Shores
+41.1%
Seminole
+28.3%
Boca Ciega
+22.8%
Redington Shores
+9.0%

How many homes are available in Boca Ciega, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
503522+3.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 5148
-5.9%
2 188203
+8.0%
3 175179
+2.3%
4 7372
-1.4%
5+ 1620
+25.0%

Number of Homes Sold

Sep 2022Oct 2022%
114148+29.8%

Asking Price vs. Sold Price

95 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boca Ciega, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
18 Days28 Days+57.3%

Breakdown of Home Sale Times

89 Homes Were Sold
Under 30 Days

55 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boca Ciega 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 Boca Ciega, FL

Homes for sale in Boca Ciega, FL have reached 522. The number of listings in Boca Ciega, FL increased by 3.8% between September 2022 and October 2022. In October 2022, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $466,648. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 33.5%, the cost of 2 bedrooms properties went up by 22%, prices of 3 bedrooms properties increased by 22.9%, 4 bedrooms properties prices increased by 21.3%, prices of 5 bedrooms properties increased by 36.3%. This housing market inventory have changed: volume of 1 bedroom homes went down by 5.9%, 2 bedrooms homes became 8% more available, number of 3 bedrooms homes increased by 2.3%, volume of 4 bedrooms homes went down by 1.4%, 5 bedrooms homes inventory increased by 25%. Boca Ciega, FL housing market in October 2022 saw over 22 listings sold above listed price, more than 31 sold at listed price and over 95 sold below.

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