Is Ponce Inlet, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Ponce Inlet was a Neutral Market.
Key Takeaway
Ponce Inlet is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ponce Inlet, FL
How much do homes in Ponce Inlet, FL cost?
Median Sold Price
$633,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Ponce Inlet have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Ponce Inlet was $633,000 in June 2024, down 3.7% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $344.5K | -8.1% |
| 2 Bedrooms | $535K | $489.9K | -8.4% |
| 3 Bedrooms | $760K | $661K | -13.0% |
| 4 Bedrooms | $850K | $875K | +2.9% |
| 5+ Bedrooms | - | $720K | N/A |
Summary: Ponce Inlet housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Smyrna Beach | $439.7K | $429.9K | -2.2% |
| Ponce Inlet | $657K | $633K | -3.7% |
| Port Orange | $375K | $356.9K | -4.8% |
| South Peninsula | $525K | $494K | -5.9% |
Housing Supply in Ponce Inlet, FL
How many homes are available in Ponce Inlet, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 88 | 85 | -3.4% |
Summary: The Ponce Inlet real estate market had 85 homes for sale in June 2024, a 3.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 32 | 32 | 0.0% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Ponce Inlet housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ponce Inlet, 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 Ponce Inlet in June 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 132 Days | 84 Days | -36.1% |
Summary: Homes in Ponce Inlet had an average of 84 days on market in Jun 2024, down by 36.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ponce Inlet has remained consistent over time.
Summary: During June 2024, 6 homes were sold in Ponce Inlet; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.