Is Ponce Inlet, 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, Ponce Inlet has remained a Buyer's Market.
Housing Prices in Ponce Inlet, FL
How much do homes in Ponce Inlet, FL cost?
Median Sold Price
$650,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ponce Inlet was $650,000 in April 2024, down 0.8% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $344.5K | -8.1% |
2 Bedrooms | $547.5K | $495K | -9.6% |
3 Bedrooms | $780K | $718.7K | -7.9% |
4 Bedrooms | $850K | $985K | +15.9% |
5+ Bedrooms | - | $720K | N/A |
Summary: Ponce Inlet housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
South Peninsula | $502.5K | $500K | -0.5% |
Ponce Inlet | $655K | $650K | -0.8% |
New Smyrna Beach | $439.4K | $435K | -1.0% |
Port Orange | $375K | $365K | -2.7% |
Housing Supply in Ponce Inlet, FL
How many homes are available in Ponce Inlet, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 87 | -5.4% |
Summary: The Ponce Inlet real estate market had 87 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 34 | 33 | -2.9% |
3 Bedrooms | 48 | 42 | -12.5% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ponce Inlet housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Ponce Inlet in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Ponce Inlet, FL
How long does it take to sell a home in Ponce Inlet, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
166 Days | 140 Days | -15.6% |
Summary: Homes in Ponce Inlet had an average of 140 days on market in Apr 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Ponce Inlet; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.