Is Saint James City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Saint James City was a Seller's Market.
Key Takeaway
Saint James City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint James City, FL
How much do homes in Saint James City, FL cost?
Median Sold Price
$575,000
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint James City have sold for 10% more than they did a year ago.
Summary: The median home sold price in Saint James City was $575,000 in March 2024, up 10% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $523.7K | $413.5K | -21.1% |
| 3 Bedrooms | $574.9K | $655.5K | +14.0% |
| 4 Bedrooms | $430K | $808.7K | +88.1% |
| 5+ Bedrooms | $496K | $2.0M | +303.2% |
Summary: Saint James City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 88.1%, and 5+ bedroom homes increased by 303.2%.
Median Sold Price Compared To Nearby Cities
| Saint James City | $522.5K | $575K | +10.0% |
| Cape Coral | $414.4K | $399.1K | -3.7% |
| Pine Island | $510.2K | $478K | -6.3% |
| Bokeelia | $464.2K | $420K | -9.5% |
Housing Supply in Saint James City, FL
How many homes are available in Saint James City, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 90 | 100 | +11.1% |
Summary: The Saint James City real estate market had 100 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 31 | 35 | +12.9% |
| 3 Bedrooms | 49 | 54 | +10.2% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Saint James City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint James City, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Saint James City in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Saint James City, FL
How long does it take to sell a home in Saint James City, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 94 Days | +64.2% |
Summary: Homes in Saint James City had an average of 94 days on market in Mar 2024, up by 64.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Saint James City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 12 homes were sold in Saint James City; 25% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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