Is Ponce de Leon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ponce de Leon has remained a Seller's Market.
Housing Prices in Ponce de Leon, FL
How much do homes in Ponce de Leon, FL cost?
Median Sold Price
$312,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ponce de Leon was $312,000 in May 2024, up 4% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $265K | N/A |
2 Bedrooms | $248.2K | $220K | -11.4% |
3 Bedrooms | $299.9K | $335K | +11.7% |
4 Bedrooms | $314.9K | $336K | +6.7% |
5+ Bedrooms | $380K | - | N/A |
Summary: Ponce de Leon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Ponce de Leon | $300K | $312K | +4.0% |
Ponce De Leon | $320K | $312K | -2.5% |
Housing Supply in Ponce de Leon, FL
How many homes are available in Ponce de Leon, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Summary: The Ponce de Leon real estate market had 10 homes for sale in May 2024, a 28.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ponce de Leon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Ponce de Leon in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ponce de Leon, FL
How long does it take to sell a home in Ponce de Leon, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 57 Days | +23.7% |
Summary: Homes in Ponce de Leon had an average of 57 days on market in May 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Ponce de Leon; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.