Is Boca West Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Boca West Country Club was a Buyer's Market.
Key Takeaway
Boca West Country Club is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Boca West Country Club, FL
How much do homes in Boca West Country Club, FL cost?
Median Sold Price
$373,333
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boca West Country Club have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Boca West Country Club was $373,333 in March 2024, up 13.1% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $124K | -14.5% |
| 2 Bedrooms | $275K | $260K | -5.5% |
| 3 Bedrooms | $797.5K | $795K | -0.3% |
| 4 Bedrooms | $851K | $1.7M | +102.7% |
| 5+ Bedrooms | - | $1.4M | N/A |
Summary: Boca West Country Club housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 102.7%, and 5+ bedroom homes did not change.
Housing Supply in Boca West Country Club, FL
How many homes are available in Boca West Country Club, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 110 | -8.3% |
Summary: The Boca West Country Club real estate market had 110 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 80 | 71 | -11.3% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Boca West Country Club 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 decreased by 11.3%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boca West Country Club, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Boca West Country Club in March 2024, up by 45.5% month-over-month. Of the 16 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Boca West Country Club, FL
How long does it take to sell a home in Boca West Country Club, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 31 Days | -35.3% |
Summary: Homes in Boca West Country Club had an average of 31 days on market in Mar 2024, down by 35.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boca West Country Club are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Boca West Country Club; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.