Is Ponce Inlet, 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 Inlet was a Seller's Market.
Housing Prices in Ponce Inlet, FL
How much do homes in Ponce Inlet, FL cost?
Median Sold Price
$667,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ponce Inlet was $667,000 in March 2024, up 1.5% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $344.5K | -8.1% |
2 Bedrooms | $537.5K | $495K | -7.9% |
3 Bedrooms | $780K | $752.5K | -3.5% |
4 Bedrooms | $850K | $985K | +15.9% |
5+ Bedrooms | $3.3M | $720K | -78.8% |
Summary: Ponce Inlet housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 78.8%.
Median Sold Price Compared To Nearby Cities
Ponce Inlet | $657K | $667K | +1.5% |
South Peninsula | $505K | $500K | -1.0% |
Port Orange | $375K | $370.2K | -1.3% |
New Smyrna Beach | $439.6K | $433.5K | -1.4% |
Housing Supply in Ponce Inlet, FL
How many homes are available in Ponce Inlet, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 94 | +22.1% |
Summary: The Ponce Inlet real estate market had 94 homes for sale in March 2024, a 22.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 26 | 35 | +34.6% |
3 Bedrooms | 43 | 49 | +14.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Ponce Inlet 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 34.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Ponce Inlet in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Ponce Inlet, FL
How long does it take to sell a home in Ponce Inlet, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 49 Days | -17.3% |
Summary: Homes in Ponce Inlet had an average of 49 days on market in Mar 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Ponce Inlet; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.