|
|
Published May 2025*
| Location: |
Area 5300 |
| Price Range: |
$900,000 - No Limit |
| SQFT Range: |
2000 - No Limit |
| Property Types: |
Residential - Single Family Homes and Condo/Coop/Villa/Twnhse Combined - All Properties - All Properties - All Properties |
| Bedrooms: |
0 - No Limit |
| Full Baths: |
0 - No Limit |
| Half Baths: |
0 - No Limit |
| Year Built: |
0 - No Limit |
|
 Prepared for you by: Laura Cole & Tana Gaskill
|
|
Number of Homes For Sale vs. Sold vs. Pended - Mar. 2024 - May. 2025 (Preliminary)
|
| Curnt vs. Prev Month | Curnt vs. Same Month 1 Yr Ago | Curnt vs. Same Qtr 1 Yr Ago | | May. 25 | Apr. 25 | % Change | May. 25 | May. 24 | % Change | Mar. 25 to May. 25 | Mar. 24 to May. 24 | % Change | | For Sale | 15 | 15 | 0% | 15 | 14 | 7.1%  | 15 | 14 | 7.1% | | Sold | 8 | 7 | 14.3% | 8 | 3 | 166.7% | 19 | 21 | -9.5%  | | Pended | 1 | 5 | -80% | 1 | 6 | -83.3% | 12 | 22 | -45.5% |
| TODAY’S STATS | | Current vs. Prev MTD | Current vs. Same MTD 1 Yr Ago | Current vs. Prev YTD | | 6/1/25 - 6/5/25 | 5/1/25 - 5/5/25 | % Change | 6/1/25 - 6/5/25 | 6/1/24 - 6/5/24 | % Change | 1/1/25 - 6/5/25 | 1/1/24 - 6/5/24 | % Change | | For Sale | 14 | 14 | 0% | 14 | 10 | 40% | 14 | 10 | 40% | | Sold | 0 | 2 | -100% | 0 | 1 | -100% | 26 | 34 | -23.5% | | Pended | 0 | 0 | N/A | 0 | 1 | -100% | 25 | 36 | -30.6% |
May 2025 was a Seller's market**
Home For Sale in May 2025 was 15 units. It was the same as compared to last month and up 7.1% compared to last year.
Home Closed in May 2025 was 8 units. It was up 14.3% compared to last month and up 166.7% compared to last year.
Home Placed under Contract in May 2025 was 1 units. It was down 80% compared to last month and down 83.3% compared to last year.
**Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.
|
| Date | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 | 1/25 | 2/25 | 3/25 | 4/25 | 5/25 | | For Sale | 16 | 15 | 14 | 10 | 9 | 11 | 12 | 13 | 9 | 11 | 12 | 10 | 12 | 15 | 15 | | New Listing | 8 | 8 | 7 | 1 | 9 | 6 | 6 | 4 | 4 | 5 | 7 | 9 | 7 | 7 | 4 | | Sold | 15 | 3 | 3 | 5 | 7 | 6 | 1 | 3 | 1 | 7 | 3 | 4 | 4 | 7 | 8 | | Pended | 11 | 5 | 6 | 2 | 6 | 4 | 4 | 4 | 6 | 2 | 6 | 7 | 6 | 5 | 1 | | Months of Inventory (Closed Sales) | 1.1 | 5 | 4.7 | 2 | 1.3 | 1.8 | 12 | 4.3 | 9 | 1.6 | 4 | 2.5 | 3 | 2.1 | 1.9 | | Months of Inventory (Pended Sales) | 1.5 | 3 | 2.3 | 5 | 1.5 | 2.8 | 3 | 3.3 | 1.5 | 5.5 | 2 | 1.4 | 2 | 3 | 15 | | Absorption Rate (Closed Sales) % | 93.8 | 20 | 21.4 | 50 | 77.8 | 54.5 | 8.3 | 23.1 | 11.1 | 63.6 | 25 | 40 | 33.3 | 46.7 | 53.3 | | Absorption Rate (Pended Sales) % | 68.8 | 33.3 | 42.9 | 20 | 66.7 | 36.4 | 33.3 | 30.8 | 66.7 | 18.2 | 50 | 70 | 50 | 33.3 | 6.7 | | Avg. Active Price | 2,202 | 2,420 | 2,514 | 2,763 | 2,012 | 2,089 | 1,853 | 2,349 | 2,903 | 3,192 | 3,313 | 3,189 | 3,071 | 2,930 | 2,975 | | Avg. Sold Price | 1,659 | 1,628 | 2,419 | 1,997 | 1,849 | 2,591 | 2,550 | 1,088 | 1,828 | 1,683 | 1,831 | 2,986 | 1,786 | 2,022 | 1,786 | | Avg. Sq. Ft. Price (Sold) | 531 | 452 | 607 | 601 | 620 | 610 | 758 | 411 | 594 | 549 | 462 | 599 | 659 | 622 | 633 | | Sold/List Diff. % | 92 | 100 | 84 | 92 | 94 | 90 | 91 | 93 | 76 | 88 | 90 | 90 | 94 | 94 | 93 | | Sold/Orig LP Diff. % | 88 | 90 | 83 | 87 | 92 | 84 | 85 | 93 | 76 | 85 | 85 | 87 | 91 | 92 | 91 | | Avg Days on Market | 33 | 81 | 41 | 49 | 10 | 77 | 117 | 16 | 8 | 53 | 82 | 27 | 29 | 79 | 32 | | Median Active Price | 1,700 | 2,650 | 2,300 | 2,897 | 1,649 | 1,599 | 1,499 | 2,000 | 2,495 | 2,995 | 2,438 | 2,050 | 2,198 | 1,899 | 1,999 | | Median Sold Price | 1,425 | 1,605 | 2,586 | 2,150 | 1,350 | 2,777 | 2,550 | 1,165 | 1,828 | 1,850 | 1,490 | 2,700 | 1,924 | 2,000 | 1,571 |
|
|
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart
*All reports are published May 2025, based on data available at the end of April 2025, except for the today’s stats. This representation is based in whole or in part on data supplied by Realtor Association of The Palm Beaches, Jupiter, Tequesta, Hobe Sound Association of Realtors, and St. Lucie Association of Realtors. Neither the Board nor its MLS guarantees or Neither the Boards nor its MLS guarantees or is in any way responsibles for its accuracy. Data maintained by the Board or its MLSs may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.
|
|
|
|