Is Ponce Inlet, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ponce Inlet is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Ponce Inlet was a Seller's 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

$667,000

$357/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+1.5%)

Key Takeaway

Homes in Ponce Inlet have sold for 1.5% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $375K$344.5K
-8.1%
2 $537.5K$495K
-7.9%
3 $780K$752.5K
-3.5%
4 $850K$985K
+15.9%
5+ $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
+1.5%
South Peninsula
-1.0%
Port Orange
-1.3%
New Smyrna Beach
-1.4%

Housing Supply in Ponce Inlet, FL

How many homes are available in Ponce Inlet, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7794+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

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 2635
+34.6%
3 4349
+14.0%
4 34
+33.3%
5+ 34
+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 2024Mar 2024CHANGE
35+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ponce Inlet, you may be able to get a good deal. 60% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
59 Days49 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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