Is Ponce De Leon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ponce De Leon was a Seller's Market.
Key Takeaway
Ponce De Leon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ponce De Leon, FL
How much do homes in Ponce De Leon, FL cost?
Median Sold Price
$335,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ponce De Leon have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Ponce De Leon was $335,000 in March 2024, up 4.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.9M | $265K | -86.4% |
| 2 Bedrooms | $248.2K | $220K | -11.4% |
| 3 Bedrooms | $300K | $335K | +11.7% |
| 4 Bedrooms | $229.9K | $542.5K | +136.0% |
| 5+ Bedrooms | $380K | - | N/A |
Summary: Ponce De Leon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.4%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 136%, and 5+ bedroom homes did not change.
Housing Supply in Ponce De Leon, FL
How many homes are available in Ponce De Leon, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Ponce De Leon real estate market had 11 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ponce De Leon 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 Ponce De Leon, 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 Ponce De Leon in March 2024, up by 100.0% 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 Ponce De Leon, FL
How long does it take to sell a home in Ponce De Leon, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 217 Days | 104 Days | -52.1% |
Summary: Homes in Ponce De Leon had an average of 104 days on market in Mar 2024, down by 52.1% 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 Ponce De Leon are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Ponce De Leon; 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.
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