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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ponte Vedra is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Ponte Vedra has remained a Seller's Market.

Key Takeaway

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

How much do homes in Ponte Vedra, FL cost?

Median Sold Price

$799,374

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$182,708(+29.6%)

Key Takeaway

Homes in Ponte Vedra have sold for 29.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $158K$227.2K
+43.8%
2 $235K$325K
+38.3%
3 $484.6K$650K
+34.1%
4 $840K$1.1M
+31.0%
5+ $1.2M$1.6M
+30.4%

Median Sold Price Compared To Nearby Cities

Ponte Vedra
+29.6%
Ponte Vedra Beach
+26.0%
Jacksonville Beach
+23.4%
Jacksonville Beaches
+22.6%
Jacksonville East
+18.1%

How many homes are available in Ponte Vedra, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
258238-7.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 79
+28.6%
2 3530
-14.3%
3 8881
-8.0%
4 7873
-6.4%
5+ 5045
-10.0%

Number of Homes Sold

Oct 2022Nov 2022%
5846-20.7%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ponte Vedra, you may be able to get a good deal. 71.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
27 Days46 Days+71.3%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Ponte Vedra, FL

Ponte Vedra, FL has 238 homes for sale to choose from. The inventory of homes for sale in Ponte Vedra, FL between October 2022 and November 2022 decreased by 7.8%. Listings spent 46 days on the market in November 2022, and had a median list price of $799,374 during the same period. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 43.8% more expensive, prices of 2 bedrooms properties increased by 38.3%, the cost of 3 bedrooms properties went up by 34.1%, 4 bedrooms properties became 31% more expensive, 5 bedrooms properties prices increased by 30.4%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 28.6%, volume of 2 bedrooms homes went down by 14.3%, number of 3 bedrooms homes decreased by 8%, number of 4 bedrooms homes decreased by 6.4%, the quantity of 5 bedrooms homes went down by 10%. While more than 4 listings in Ponte Vedra, FL in November 2022 were sold above asking price, there were more than 9 listings sold at asking price, and more than 33 were sold below.

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