Is Ponte Vedra Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ponte Vedra Beach is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Ponte Vedra Beach was a Seller's Market.

Key Takeaway

Ponte Vedra Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ponte Vedra Beach, FL

How much do homes in Ponte Vedra Beach, FL cost?

Median Sold Price

$948,831

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$82,381(+9.5%)

Key Takeaway

Homes in Ponte Vedra Beach have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Ponte Vedra Beach was $948,831 in December 2024, up 9.5% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $249K$221.2K
-11.1%
2 $340.7K$341.5K
0.2%
3 $789K$765K
-3.0%
4 $1.2M$1.5M
+15.4%
5+ $1.8M$1.8M
-1.5%

Summary: Ponte Vedra Beach housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Ponte Vedra Beach
+9.5%
Jacksonville Beaches
+5.9%
Ponte Vedra
+5.5%
Jacksonville East
+4.9%
Jacksonville Beach
+3.5%

Housing Supply in Ponte Vedra Beach, FL

How many homes are available in Ponte Vedra Beach, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
306296-3.3%

Summary: The Ponte Vedra Beach real estate market had 296 homes for sale in December 2024, a 3.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1111
0.0%
2 5153
+3.9%
3 10195
-5.9%
4 8274
-9.8%
5+ 6163
+3.3%

Summary: The Ponte Vedra Beach housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3743+16.2%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ponte Vedra Beach, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Ponte Vedra Beach in December 2024, up by 16.2% month-over-month. Of the 43 sold homes, 70% were sold under asking, 26% were sold at asking, and 5% were sold over asking.

Days on Market for Ponte Vedra Beach, FL

How long does it take to sell a home in Ponte Vedra Beach, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
74 Days67 Days-10.3%

Summary: Homes in Ponte Vedra Beach had an average of 67 days on market in Dec 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ponte Vedra Beach are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 43 homes were sold in Ponte Vedra Beach; 51% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 30% 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 4 Days Ago

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