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 October 2023

At the same time last year, Saint James City was a Seller'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

$600,000

$424/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+20.0%)

Key Takeaway

Homes in Saint James City have sold for 20% more than they did a year ago.

Summary: The median home sold price in Saint James City was $600,000 in October 2024, up 20% from last year, and the median price per square foot was $424.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280.5K$260K
-7.3%
2 $427K$505K
+18.3%
3 $601.2K$670K
+11.4%
4 $492K$765K
+55.5%
5+ -$2.0M
N/A

Summary: Saint James City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 55.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint James City
+20.0%
Pine Island
+10.0%
Cape Coral
-2.5%

Housing Supply in Saint James City, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
73730.0%

Summary: The Saint James City real estate market had 73 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2022
+10.0%
3 4038
-5.0%
4 1111
0.0%
5+ 11
0.0%

Summary: The Saint James City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Saint James City in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
68 Days199 Days+190.5%

Summary: Homes in Saint James City had an average of 199 days on market in Oct 2024, up by 190.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint James City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Saint James City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Saint James City, FL

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