$6,163 Closing Credit*
$519,000
1,248 SqFt
2 Beds
•2 Full Baths
Karen DeFeudis, Listing Office: The Keyes Company
Is Boca Pointe, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Boca Pointe was a Seller's Market.
Key Takeaway
Boca Pointe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boca Pointe, FL
How much do homes in Boca Pointe, FL cost?
Median Sold Price
$577,500
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,550(+9.0%)
Key Takeaway
Homes in Boca Pointe have sold for 9% more than they did a year ago.
Summary: The median home sold price in Boca Pointe was $577,500 in October 2024, up 9% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $235K | -17.5% |
| 2 Bedrooms | $397K | $386K | -2.8% |
| 3 Bedrooms | $595K | $640K | +7.6% |
| 4 Bedrooms | $990K | $897K | -9.4% |
| 5+ Bedrooms | $1.6M | $1.7M | +1.7% |
Summary: Boca Pointe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in Boca Pointe, FL
How many homes are available in Boca Pointe, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 83 | +13.7% |
Summary: The Boca Pointe real estate market had 83 homes for sale in October 2024, a 13.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 42 | 52 | +23.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Boca Pointe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 6 | -60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boca Pointe, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Boca Pointe in October 2024, down by 60.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Boca Pointe, FL
How long does it take to sell a home in Boca Pointe, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 43 Days | +57.8% |
Summary: Homes in Boca Pointe had an average of 43 days on market in Oct 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Boca Pointe has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Boca Pointe; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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