Is Sewall's Point, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sewall's Point is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sewall's Point was a Seller'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

$1,335,000

$436/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$320,000(+31.5%)

Key Takeaway

Homes in Sewall's Point have sold for 31.5% more than they did a year ago.

Summary: The median home sold price in Sewall's Point was $1,335,000 in November 2024, up 31.5% from last year, and the median price per square foot was $436.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$850K
N/A
3 $850K$1.2M
+44.9%
4 $1.7M$1.3M
-22.6%
5+ $11.7M$7.9M
-32.6%

Summary: Sewall's Point housing prices by bedroom type for November 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 44.9%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes decreased by 32.6%.

Median Sold Price Compared To Nearby Cities

Sewall's Point
+31.5%
Port Salerno-Hobe Sound
+5.0%
Jensen Beach
+2.7%

Housing Supply in Sewall's Point, FL

How many homes are available in Sewall's Point, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1712-29.4%

Summary: The Sewall's Point real estate market had 12 homes for sale in November 2024, a 29.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 86
-25.0%
5+ 43
-25.0%

Summary: The Sewall's Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was 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 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 November 2024, down by 83.3% 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

Nov 2023Nov 2024CHANGE
27 Days13 Days-52.4%

Summary: Homes in Sewall's Point had an average of 13 days on market in Nov 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sewall's Point are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Sewall's Point; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Sewall's Point, FL

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