Facts and Trends TM

Published February 2025*

Location:   Area 5300
Price Range:   $600,000 - No Limit
SQFT Range:   1800 - 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
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Prepared for you by: Laura Cole & Tana Gaskill


Number of Homes For Sale vs. Sold vs. Pended (Nov. 2023 - Jan. 2025)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Jan. 25Dec. 24% ChangeJan. 25Jan. 24% ChangeNov. 24 to Jan. 25Nov. 23 to Jan. 24% Change
For Sale1516-6.2% down1526-42.3% down1526-42.3% down
Sold510-50% down56-16.7% down1620-20% down
Pended93200% up911-18.2% down1826-30.8% down

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
2/1/25 - 2/5/251/1/25 - 1/5/25% Change2/1/25 - 2/5/252/1/24 - 2/5/24% Change1/1/25 - 2/5/251/1/24 - 2/5/24% Change
For Sale1417-17.6% down1429-51.7% down1429-51.7% down
Sold01-100% down01-100% down57-28.6% down
Pended20N/A    21100% up1112-8.3% down


January 2025 was a Neutral market**
Home For Sale in January 2025 was 15 units. It was down 6.2% compared to last month and down 42.3% compared to last year.
Home Closed in January 2025 was 5 units. It was down 50% compared to last month and down 16.7% compared to last year.
Home Placed under Contract in January 2025 was 9 units. It was up 200% compared to last month and down 18.2% 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.


Average Price per SQFT (Sold) (Nov. 2023 - Jan. 2025)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Jan. 25Dec. 24% ChangeJan. 25Jan. 24% ChangeNov. 24 to Jan. 25Nov. 23 to Jan. 24% Change
Avg. Sq. Ft. Price (Sold)432473-8.7% down432595-27.4% down468501-6.6% down

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
2/1/25 - 2/5/251/1/25 - 1/5/25% Change2/1/25 - 2/5/252/1/24 - 2/5/24% Change1/1/25 - 2/5/251/1/24 - 2/5/24% Change
Avg. Sq. Ft. Price (Sold)0362-100% down0692-100% down432609-29.1% down


January 2025 Average Sold Price per Square Footage was Depreciating**
Average Sold Price per Square Footage in January 2025 was $432. It was down 8.7% compared to last month and down 27.4% compared to last year.

**Based on 6 month trend - Appreciating/Depreciating/Neutral.


Avg Days On Market & SP/Orig LP % (Nov. 2023 - Jan. 2025)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Jan. 25Dec. 24% ChangeJan. 25Jan. 24% ChangeNov. 24 to Jan. 25Nov. 23 to Jan. 24% Change
Avg Days on Market13755149.1% up13734302.9% up784959.2% up
Sold/Orig LP Diff. %85841.2% up8590-5.6% down8489-5.6% down

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
2/1/25 - 2/5/251/1/25 - 1/5/25% Change2/1/25 - 2/5/252/1/24 - 2/5/24% Change1/1/25 - 2/5/251/1/24 - 2/5/24% Change
Avg Days on Market0164-100% down033-100% down13734302.9% up
Sold/Orig LP Diff. %084-100% down088-100% down8590-5.6% down


January 2025 Average Days on Market trend was Rising**
Average Days on Market in January 2025 was 137. It was up 149.1% compared to last month and up 302.9% compared to last year.

January 2025 Sold/Original List Price Ratio Remains Steady**
Sold/Original List Price % in January 2025 was 85%. It was up 1.2% compared to last month and down 5.6% compared to last year.

**Based on 6 month trend - Rising/Falling/Remains Steady.


Average Price of For Sale and Sold (Nov. 2023 - Jan. 2025)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Jan. 25Dec. 24% ChangeJan. 25Jan. 24% ChangeNov. 24 to Jan. 25Nov. 23 to Jan. 24% Change
Avg. Active Price2,8122,44315.1% up2,8121,94344.7% up2,4752,02322.3% up
Avg. Sold Price1,4071,3117.3% up1,4071,991-29.3% down1,3731,461-6% down

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
2/1/25 - 2/5/251/1/25 - 1/5/25% Change2/1/25 - 2/5/252/1/24 - 2/5/24% Change1/1/25 - 2/5/251/1/24 - 2/5/24% Change
Avg. Active Price2,7932,7431.8% up2,7931,85750.4% up2,7931,85750.4% up
Avg. Sold Price0800-100% down02,200-100% down1,4072,021-30.4% down


January 2025 Average For Sale Price was Appreciating**
Average For Sale Price (in thousand) in January 2025 was $2812. It was up 15.1% compared to last month and up 44.7% compared to last year.

January 2025 Average Sold Price was Neutral**
Average Sold Price (in thousand) in January 2025 was $1407. It was up 7.3% compared to last month and down 29.3% compared to last year.

**Based on 6 month trend - Appreciating/Depreciating/Neutral.


Months of Inventory Based on Closed Sales (Nov. 2023 - Jan. 2025)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Jan. 25Dec. 24% ChangeJan. 25Jan. 24% ChangeNov. 24 to Jan. 25Nov. 23 to Jan. 24% Change
Months of Inventory (Closed Sales)31.687.5% up34.3-30% down2.83.9-28.2% down

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
2/1/25 - 2/5/251/1/25 - 1/5/25% Change2/1/25 - 2/5/252/1/24 - 2/5/24% Change1/1/25 - 2/5/251/1/24 - 2/5/24% Change
Months of Inventory (Closed Sales)02.7-98.5% down05-100% down3.65.1-29.2% down


January 2025 was a Neutral market**
Months of Inventory based on Closed Sales in January 2025 was 3. It was up 87.5% compared to last month and down 30% 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.


Date11/2312/231/242/243/244/245/246/247/248/249/2410/2411/2412/241/25
For Sale283126292421191516191818141615
New Listing17891514118211965568
Sold596820597116251105
Pended781191491036655639
Months of Inventory (Closed Sales)5.63.44.33.61.24.22.12.11.53.293.6141.63
Months of Inventory (Pended Sales)43.92.43.21.72.31.952.73.23.63.62.35.31.7
Absorption Rate (Closed Sales) %17.92923.127.683.323.847.446.768.831.611.127.87.162.533.3
Absorption Rate (Pended Sales) %2525.842.33158.342.952.62037.531.627.827.842.918.860
Avg. Active Price1,9952,1151,9431,8571,7581,9522,0732,1091,4771,5431,5031,9202,1502,4432,812
Avg. Sold Price1,1931,2561,9911,6181,4481,3131,3481,6141,4822,5911,6409321,8281,3111,407
Avg. Sq. Ft. Price (Sold)484448595522500423502533543610595378594473432
Sold/List Diff. %899391949399879294909293768790
Sold/Orig LP Diff. %888990878892838591848692768485
Avg Days on Market406334404568468837778861855137
Median Active Price1,6491,6001,4971,2951,2951,5901,4491,6001,0249991,1001,2001,6741,6741,899
Median Sold Price1,2731,2501,5501,3501,3121,3008751,1501,2002,7771,6409001,8281,182915

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*All reports are published February 2025, based on data available at the end of January 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.

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