Is Alva, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Alva was a Seller's Market.
Housing Prices in Alva, FL
How much do homes in Alva, FL cost?
Median Sold Price
$450,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alva was $450,000 in April 2024, up 1.1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362K | - | N/A |
2 Bedrooms | $368.5K | $402.1K | +9.1% |
3 Bedrooms | $435K | $445K | +2.3% |
4 Bedrooms | $595K | $489.4K | -17.7% |
5+ Bedrooms | $990K | $585K | -40.9% |
Summary: Alva 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 9.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes decreased by 40.9%.
Median Sold Price Compared To Nearby Cities
Fort Myers Shores | $414.3K | $435K | +5.0% |
Lehigh Acres | $350.5K | $365.1K | +4.2% |
Alva | $445K | $450K | +1.1% |
Housing Supply in Alva, FL
How many homes are available in Alva, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
199 | 207 | +4.0% |
Summary: The Alva real estate market had 207 homes for sale in April 2024, a 4.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 112 | 106 | -5.4% |
4 Bedrooms | 55 | 68 | +23.6% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Alva housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Alva in April 2024, down by 14.3% month-over-month. Of the 18 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Alva, FL
How long does it take to sell a home in Alva, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 93 Days | +114.5% |
Summary: Homes in Alva had an average of 93 days on market in Apr 2024, up by 114.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Alva; 17% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.