Is Ponte Vedra, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ponte Vedra has remained a Seller's Market.
Housing Prices in Ponte Vedra, FL
How much do homes in Ponte Vedra, FL cost?
Median Sold Price
$750,441
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ponte Vedra was $750,441 in April 2024, up 5.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $243.5K | -0.6% |
2 Bedrooms | $450K | $476.2K | +5.8% |
3 Bedrooms | $634.2K | $681.6K | +7.5% |
4 Bedrooms | $868.3K | $943.5K | +8.7% |
5+ Bedrooms | $1.3M | $1.4M | +4.0% |
Summary: Ponte Vedra housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Ponte Vedra Beach | $856.1K | $924.5K | +8.0% |
Ponte Vedra | $713.1K | $750.4K | +5.2% |
Jacksonville East | $343.3K | $352.1K | +2.6% |
Jacksonville Beach | $633.5K | $639.5K | +0.9% |
Jacksonville Beaches | $599.9K | $600.5K | 0.1% |
Housing Supply in Ponte Vedra, FL
How many homes are available in Ponte Vedra, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
633 | 675 | +6.6% |
Summary: The Ponte Vedra real estate market had 675 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 23 | +21.1% |
2 Bedrooms | 100 | 111 | +11.0% |
3 Bedrooms | 197 | 204 | +3.6% |
4 Bedrooms | 208 | 227 | +9.1% |
5+ Bedrooms | 109 | 110 | +0.9% |
Summary: The Ponte Vedra housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 126 | +18.9% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 126 homes were sold or pending in Ponte Vedra in April 2024, up by 18.9% month-over-month. Of the 126 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.
Days on Market for Ponte Vedra, FL
How long does it take to sell a home in Ponte Vedra, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 54 Days | -6.1% |
Summary: Homes in Ponte Vedra had an average of 54 days on market in Apr 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During April 2024, 126 homes were sold in Ponte Vedra; 51% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.