Is Boca Pointe, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boca Pointe has remained a Seller's Market.
Housing Prices in Boca Pointe, FL
How much do homes in Boca Pointe, FL cost?
Median Sold Price
$556,250
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boca Pointe was $556,250 in April 2024, down 2% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $250K | 0.0% |
2 Bedrooms | $372K | $392.5K | +5.5% |
3 Bedrooms | $598.7K | $607K | +1.4% |
4 Bedrooms | $987.5K | $899K | -9.0% |
5+ Bedrooms | $1.7M | - | N/A |
Summary: Boca Pointe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes did not change.
Housing Supply in Boca Pointe, FL
How many homes are available in Boca Pointe, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 90 | +4.7% |
Summary: The Boca Pointe real estate market had 90 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 23 | 25 | +8.7% |
3 Bedrooms | 53 | 52 | -1.9% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Boca Pointe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Boca Pointe in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Boca Pointe, FL
How long does it take to sell a home in Boca Pointe, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 30 Days | -14.4% |
Summary: Homes in Boca Pointe had an average of 30 days on market in Apr 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Boca Pointe; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.