$4,500,000
4,626 SqFt
4 Beds
•4 Full Baths, 1 Partial
Michael Caputo, Listing Office: Paradise Real Estate Intl
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 October 2023
At the same time last year, Sewall's Point was a Buyer's Market.
Key Takeaway
Sewall's Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sewall's Point, FL
How much do homes in Sewall's Point, FL cost?
Median Sold Price
$1,231,888
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$216,888(+21.4%)
Key Takeaway
Homes in Sewall's Point have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Sewall's Point was $1,231,888 in October 2024, up 21.4% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $850K | N/A |
| 3 Bedrooms | $790K | $1.0M | +34.9% |
| 4 Bedrooms | $2.4M | $1.2M | -50.1% |
| 5+ Bedrooms | $6.6M | $7.9M | +19.6% |
Summary: Sewall's Point housing prices by bedroom type for October 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 34.9%, 4 bedroom homes decreased by 50.1%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Sewall's Point | $1.0M | $1.2M | +21.4% |
| Port Salerno-Hobe Sound | $469.8K | $499.9K | +6.4% |
| Jensen Beach | $470K | $482.5K | +2.7% |
Housing Supply in Sewall's Point, FL
How many homes are available in Sewall's Point, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Sewall's Point real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sewall's Point 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sewall's Point, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sewall's Point in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 99 Days | +4870.0% |
Summary: Homes in Sewall's Point had an average of 99 days on market in Oct 2024, up by 4870% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sewall's Point has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Sewall's Point; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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