Is Boca Grande, 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, Boca Grande was a Seller's Market.
Housing Prices in Boca Grande, FL
How much do homes in Boca Grande, FL cost?
Median Sold Price
$3,275,000
$1,570/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boca Grande was $3,275,000 in April 2024, down 16.6% from last year, and the median price per square foot was $1,570.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.2M | N/A |
2 Bedrooms | $2.2M | $1.5M | -34.1% |
3 Bedrooms | $3.6M | $3.4M | -5.9% |
4 Bedrooms | $10.4M | $5.5M | -47.2% |
5+ Bedrooms | $9.9M | $8.8M | -10.6% |
Summary: Boca Grande 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 decreased by 34.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 47.2%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
Placida | $690K | $839K | +21.6% |
Grove City-Rotonda | $409.9K | $386.5K | -5.7% |
Boca Grande | $3.9M | $3.2M | -16.6% |
Housing Supply in Boca Grande, FL
How many homes are available in Boca Grande, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 92 | -2.1% |
Summary: The Boca Grande real estate market had 92 homes for sale in April 2024, a 2.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 5 | -28.6% |
2 Bedrooms | 25 | 25 | 0.0% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Boca Grande housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Boca Grande in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 69 Days | +278.9% |
Summary: Homes in Boca Grande had an average of 69 days on market in Apr 2024, up by 278.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Boca Grande; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.