Is Saint James City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint James City is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Saint James City has remained a Buyer'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

$567,495

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$43,745(+8.4%)

Key Takeaway

Homes in Saint James City have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Saint James City was $567,495 in April 2024, up 8.4% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$260K
N/A
2 $521.2K$413.5K
-20.7%
3 $580K$650K
+12.1%
4 $440K$687.5K
+56.3%
5+ $541.6K$2.0M
+269.3%

Summary: Saint James City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 269.3%.

Median Sold Price Compared To Nearby Cities

Saint James City
+8.4%
Cape Coral
-2.7%
Pine Island
-6.6%
Bokeelia
-10.9%

Housing Supply in Saint James City, FL

How many homes are available in Saint James City, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
97115+18.6%

Summary: The Saint James City real estate market had 115 homes for sale in April 2024, a 18.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 3238
+18.8%
3 5567
+21.8%
4 77
0.0%
5+ 32
-33.3%

Summary: The Saint James City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 21.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint James City, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Saint James City in April 2024, down by 46.2% 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 Saint James City, FL

How long does it take to sell a home in Saint James City, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days62 Days+44.6%

Summary: Homes in Saint James City had an average of 62 days on market in Apr 2024, up by 44.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saint James City has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Saint James City; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

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

Report Updated 11 Days Ago

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