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.
Key Takeaway
Sewall's Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
Homes in Sewall's Point have sold for 12% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Sewall's Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.
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
Key Takeaway
Avg time on Rocket Homes in Sewall's Point has remained consistent over time.
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.
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