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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ponte Vedra Beach is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Ponte Vedra Beach, FL cost?

Median Sold Price

$803,245

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$132,629(+19.8%)

Key Takeaway

Homes in Ponte Vedra Beach have sold for 19.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $157.7K$224.9K
+42.6%
2 $233K$320K
+37.3%
3 $525K$690K
+31.4%
4 $999K$1.3M
+34.1%
5+ $1.3M$1.8M
+31.9%

Median Sold Price Compared To Nearby Cities

Ponte Vedra
+26.2%
Saint Augustine
+24.5%
Jacksonville Beach
+22.4%
Ponte Vedra Beach
+19.8%
Jacksonville East
+19.8%

How many homes are available in Ponte Vedra Beach, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
254270+6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 87
-12.5%
2 3240
+25.0%
3 8290
+9.8%
4 8279
-3.7%
5+ 5054
+8.0%

Number of Homes Sold

Sep 2022Oct 2022%
4261+45.2%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ponte Vedra Beach, you may be able to get a good deal. 68.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
24 Days48 Days+98.5%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ponte Vedra Beach has remained consistent over time.

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

About Ponte Vedra Beach, FL

Ponte Vedra Beach, FL has 270 homes for sale to choose from. In October 2022 in Ponte Vedra Beach, FL there were 6.3% more homes for sale than in September 2022. Listings spent 48 days on the market in October 2022, and had a median list price of $803,245 during the same period. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 42.6%, prices of 2 bedrooms properties increased by 37.3%, 3 bedrooms properties became 31.4% more expensive, 4 bedrooms properties became 34.1% more expensive, 5 bedrooms properties became 31.9% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 12.5%, 2 bedrooms homes became 25% more available, number of 3 bedrooms homes increased by 9.8%, volume of 4 bedrooms homes went down by 3.7%, 5 bedrooms homes inventory increased by 8%. In October 2022 more than 9 listings in Ponte Vedra Beach, FL were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 42 were sold below.

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