Is Del Webb Ponte Vedra, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del Webb Ponte Vedra is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Del Webb Ponte Vedra was a Buyer's Market.

Key Takeaway

Del Webb Ponte Vedra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Del Webb Ponte Vedra, FL

How much do homes in Del Webb Ponte Vedra, FL cost?

Median Sold Price

$660,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$95,000(+16.8%)

Key Takeaway

Homes in Del Webb Ponte Vedra have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in Del Webb Ponte Vedra was $660,000 in March 2024, up 16.8% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $505K$535K
+5.9%
3 $720K$749.9K
+4.2%
4 $835K$1.3M
+62.6%
5+ -$1.4M
N/A

Summary: Del Webb Ponte Vedra housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 62.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Del Webb Ponte Vedra
+16.8%
Nocatee
-0.1%

Housing Supply in Del Webb Ponte Vedra, FL

How many homes are available in Del Webb Ponte Vedra, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5057+14.0%

Summary: The Del Webb Ponte Vedra real estate market had 57 homes for sale in March 2024, a 14.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1623
+43.8%
3 2831
+10.7%
4 21
-50.0%
5+ 42
-50.0%

Summary: The Del Webb Ponte Vedra housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Webb Ponte Vedra, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Del Webb Ponte Vedra in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.

Days on Market for Del Webb Ponte Vedra, FL

How long does it take to sell a home in Del Webb Ponte Vedra, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days52 Days-24.6%

Summary: Homes in Del Webb Ponte Vedra had an average of 52 days on market in Mar 2024, down by 24.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Del Webb Ponte Vedra are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in Del Webb Ponte Vedra; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 23 Days Ago

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