Is Sewall's Point, 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, Sewall's Point has remained a Buyer's Market.
Housing Prices in Sewall's Point, FL
How much do homes in Sewall's Point, FL cost?
Median Sold Price
$1,007,000
$454/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sewall's Point was $1,007,000 in May 2024, up 12% from last year, and the median price per square foot was $454.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $745K | $1.0M | +36.2% |
4 Bedrooms | $1.8M | $999K | -46.4% |
5+ Bedrooms | $2.0M | - | N/A |
Summary: Sewall's Point 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 did not change, 3 bedroom homes increased by 36.2%, 4 bedroom homes decreased by 46.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sewall's Point | $899K | $1.0M | +12.0% |
Port Salerno-Hobe Sound | $448.6K | $502.6K | +12.0% |
Jensen Beach | $451.3K | $475.1K | +5.3% |
Housing Supply in Sewall's Point, FL
How many homes are available in Sewall's Point, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Sewall's Point real estate market had 13 homes for sale in May 2024, a 18.2% increase 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 | 1 | -50.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Sewall's Point 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sewall's Point in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sewall's Point, FL
How long does it take to sell a home in Sewall's Point, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
89 Days | 56 Days | -37.1% |
Summary: Homes in Sewall's Point had an average of 56 days on market in May 2024, down by 37.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Sewall's Point; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.