Is Boca Grande, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Boca Grande has remained a Buyer's Market.
Housing Prices in Boca Grande, FL
How much do homes in Boca Grande, FL cost?
Median Sold Price
$3,565,000
$1,641/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Boca Grande was $3,565,000 in February 2024, down 8.7% from last year, and the median price per square foot was $1,641.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $947K | N/A |
2 Bedrooms | $2.2M | $1.5M | -34.1% |
3 Bedrooms | $3.5M | $3.5M | -0.7% |
4 Bedrooms | $6.9M | $5.8M | -14.6% |
5+ Bedrooms | $9.7M | $11.1M | +13.8% |
Summary: Boca Grande housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Cities
Placida | $682K | $837K | +22.7% |
Grove City-Rotonda | $415.2K | $389.4K | -6.2% |
Boca Grande | $3.9M | $3.5M | -8.7% |
Housing Supply in Boca Grande, FL
How many homes are available in Boca Grande, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
80 | 89 | +11.3% |
Summary: The Boca Grande real estate market had 89 homes for sale in February 2024, a 11.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 17 | 24 | +41.2% |
3 Bedrooms | 37 | 38 | +2.7% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Boca Grande housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Boca Grande in February 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Boca Grande, FL
How long does it take to sell a home in Boca Grande, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
27 Days | 26 Days | -4.7% |
Summary: Homes in Boca Grande had an average of 26 days on market in Feb 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Boca Grande; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.