Real Estate Trends

Facts and Trends TM

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
logo

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% up 15 14 7.1% up
Sold 8 7 14.3% up 8 3 166.7% up 19 21 -9.5% down
Pended 1 5 -80% down 1 6 -83.3% down 12 22 -45.5% down

 

  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% up 14 10 40% up
Sold 0 2 -100% down 0 1 -100% down 26 34 -23.5% down
Pended 0 0 N/A     0 1 -100% down 25 36 -30.6% down

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.