Is Boca Grande, 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 Grande has remained a Buyer's Market.
Key Takeaway
Boca Grande is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boca Grande, FL
How much do homes in Boca Grande, FL cost?
Median Sold Price
$3,465,525
$1,644/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boca Grande have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Boca Grande was $3,465,525 in March 2024, down 12.3% from last year, and the median price per square foot was $1,644.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.2M | N/A |
| 2 Bedrooms | $2.2M | $1.9M | -14.3% |
| 3 Bedrooms | $3.5M | $3.5M | 0.3% |
| 4 Bedrooms | $6.9M | $5.8M | -14.6% |
| 5+ Bedrooms | $9.7M | $13.0M | +33.8% |
Summary: Boca Grande 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 14.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 33.8%.
Median Sold Price Compared To Nearby Cities
| Placida | $690K | $837K | +21.3% |
| Grove City-Rotonda | $419.1K | $380.8K | -9.1% |
| Boca Grande | $3.9M | $3.4M | -12.3% |
Housing Supply in Boca Grande, FL
How many homes are available in Boca Grande, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 90 | 96 | +6.7% |
Summary: The Boca Grande real estate market had 96 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 41 | 41 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Boca Grande 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 23.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boca Grande, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Boca Grande in March 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 37 Days | +42.0% |
Summary: Homes in Boca Grande had an average of 37 days on market in Mar 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boca Grande are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Boca Grande; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.