$11,250,000
4,964 SqFt
4 Beds
•5 Full Baths, 1 Partial
Jeff Moore, Listing Office: GULF TO BAY SOTHEBY'S INTERNAT
Is Boca Grande, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$3,000,000
$1,563/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$451,050(-13.1%)
Key Takeaway
Homes in Boca Grande have sold for 13.1% less than they did a year ago.
Summary: The median home sold price in Boca Grande was $3,000,000 in November 2024, down 13.1% from last year, and the median price per square foot was $1,563.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $935K | $1.4M | +50.3% |
| 2 Bedrooms | $1.3M | $1.9M | +38.2% |
| 3 Bedrooms | $3.4M | $3.3M | -1.6% |
| 4 Bedrooms | $5.5M | $5.4M | -0.8% |
| 5+ Bedrooms | $9.7M | $13.5M | +38.5% |
Summary: Boca Grande housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 38.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 38.5%.
Median Sold Price Compared To Nearby Cities
| Placida | $800K | $832.7K | +4.1% |
| Grove City-Rotonda | $386.1K | $380.2K | -1.5% |
| Boca Grande | $3.4M | $3.0M | -13.1% |
Housing Supply in Boca Grande, FL
How many homes are available in Boca Grande, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 31 | +40.9% |
Summary: The Boca Grande real estate market had 31 homes for sale in November 2024, a 40.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Boca Grande housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Boca Grande in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 221 Days | +2662.5% |
Summary: Homes in Boca Grande had an average of 221 days on market in Nov 2024, up by 2662.5% 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
Key Takeaway
Most homes in Boca Grande 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 Grande; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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