Is Boca Ciega Ridge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Boca Ciega Ridge has remained a Seller's Market.
Housing Prices in Boca Ciega Ridge, FL
How much do homes in Boca Ciega Ridge, FL cost?
Median Sold Price
$425,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boca Ciega Ridge was $425,000 in March 2024, up 4.3% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $347K | $338K | -2.6% |
3 Bedrooms | $425.2K | $490K | +15.2% |
4 Bedrooms | $499K | $499K | 0.0% |
5+ Bedrooms | - | $412.2K | N/A |
Summary: Boca Ciega Ridge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Boca Ciega Ridge | $407.5K | $425K | +4.3% |
Oaktree Highlands | $555K | $577.5K | +4.1% |
Housing Supply in Boca Ciega Ridge, FL
How many homes are available in Boca Ciega Ridge, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Summary: The Boca Ciega Ridge real estate market had 24 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boca Ciega Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Boca Ciega Ridge in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Boca Ciega Ridge, FL
How long does it take to sell a home in Boca Ciega Ridge, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 47 Days | +97.9% |
Summary: Homes in Boca Ciega Ridge had an average of 47 days on market in Mar 2024, up by 97.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Boca Ciega Ridge; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.