Is Bokeelia, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Bokeelia has remained a Buyer's Market.
Key Takeaway
Bokeelia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bokeelia, FL
How much do homes in Bokeelia, FL cost?
Median Sold Price
$428,500
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Bokeelia have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Bokeelia was $428,500 in June 2024, down 1.5% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $229.5K | +46.2% |
| 2 Bedrooms | $382K | $398K | +4.2% |
| 3 Bedrooms | $552K | $552.5K | 0.1% |
| 4 Bedrooms | $649K | $582.5K | -10.2% |
| 5+ Bedrooms | $2.6M | $386K | -85.3% |
Summary: Bokeelia housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 85.3%.
Median Sold Price Compared To Nearby Cities
| Captiva | $955.5K | $1.1M | +21.4% |
| Saint James City | $515.1K | $565K | +9.7% |
| Sanibel Island | $924.8K | $995K | +7.6% |
| Pine Island | $484.5K | $477.5K | -1.4% |
| Bokeelia | $435K | $428.5K | -1.5% |
Housing Supply in Bokeelia, FL
How many homes are available in Bokeelia, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 92 | 85 | -7.6% |
Summary: The Bokeelia real estate market had 85 homes for sale in June 2024, a 7.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 39 | 33 | -15.4% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bokeelia housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bokeelia, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bokeelia in June 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Bokeelia, FL
How long does it take to sell a home in Bokeelia, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 41 Days | 185 Days | +351.2% |
Summary: Homes in Bokeelia had an average of 185 days on market in Jun 2024, up by 351.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bokeelia are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During June 2024, 4 homes were sold in Bokeelia; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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