Is Boca Chase, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boca Chase is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Boca Chase was a Seller's Market.

Key Takeaway

Boca Chase is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Boca Chase, FL

How much do homes in Boca Chase, FL cost?

Median Sold Price

$399,750

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$145,250(-26.7%)

Key Takeaway

Homes in Boca Chase have sold for 26.7% less than they did a year ago.

Summary: The median home sold price in Boca Chase was $399,750 in November 2024, down 26.7% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $355K$350K
-1.4%
3 $550K$549K
-0.2%
4 $650K$725K
+11.5%
5+ $720K-
N/A

Summary: Boca Chase housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

The Oaks
-8.9%
Boca Chase
-26.7%

Housing Supply in Boca Chase, FL

How many homes are available in Boca Chase, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2224+9.1%

Summary: The Boca Chase real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 43
-25.0%
4 67
+16.7%
5+ 11
0.0%

Summary: The Boca Chase housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boca Chase, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Boca Chase in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Boca Chase, FL

How long does it take to sell a home in Boca Chase, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days101 Days+657.5%

Summary: Homes in Boca Chase had an average of 101 days on market in Nov 2024, up by 657.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Boca Chase are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Boca Chase; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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