Is Bokeelia, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bokeelia is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bokeelia has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bokeelia, FL

How much do homes in Bokeelia, FL cost?

Median Sold Price

$420,000

$328/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$130,000(-23.6%)

Key Takeaway

Homes in Bokeelia have sold for 23.6% less than they did a month ago.

Summary: The median home sold price in Bokeelia was $420,000 in October 2024, down 23.6% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $380K$355K
-6.6%
3 $555K$550K
-0.9%
4 $550K-
N/A
5+ --
N/A

Summary: Bokeelia housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bokeelia
-23.6%
Captiva
-62.8%

Housing Supply in Bokeelia, FL

How many homes are available in Bokeelia, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8598+15.3%

Summary: The Bokeelia real estate market had 98 homes for sale in October 2024, a 15.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 24
+100.0%
2 3537
+5.7%
3 3540
+14.3%
4 911
+22.2%
5+ 46
+50.0%

Summary: The Bokeelia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bokeelia, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bokeelia in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Bokeelia, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
111 Days95 Days-14.5%

Summary: Homes in Bokeelia had an average of 95 days on market in Oct 2024, down by 14.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bokeelia are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Bokeelia; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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

Newest Listings in Bokeelia, FL

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