FEATURED PROPERTY: 330 HARBOR DRIVE,

KEY BISCAYNE

Real Estate Trends

Along Florida’s
East Coast
Q1 2024 MARKET REPORT
Table of
Contents
MIAMI-DADE COUNTY 06

BROWARD COUNTY 08

PALM BEACH COUNTY 10

MARTIN COUNTY 12

INDIAN RIVER COUNTY 14

BREVARD COUNTY 16

FLAGLER COUNTY 18

ST. JOHNS COUNTY 19

CLAY COUNTY 20

DUVAL COUNTY 21

NASSAU COUNTY 22
Florida’s East Coast Snapshot
Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade,
Broward and Palm Beach County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval,
Nassau, Flagler and St. Johns County.

FOR-SALE MEDIAN AVG. SALES AVG. PRICE CLOSED HIGHEST

LISTINGS SALES PRICE PRICE PER SF TRANSACTIONS SALE

CHANGE FROM
MAR 24 PRIOR MONTH
Q1 2024 YOY% CHANGE Q1 2024 YOY% CHANGE Q1 2024 YOY% CHANGE Q1 2024 YOY% CHANGE Q1 2024

MIAMI-DADE COUNTY

SINGLE-FAMILY HOMES 1,979 1% $1,703,387 1% $2,744,884 -1% $716 4% 562 29% $26,020,000

CONDOS 2,350 0% $1,777,150 3% $2,660,930 -1% $916 -2% 410 -1% $48,000,000

BREVARD COUNTY

SINGLE-FAMILY HOMES 772 0% $657,500 2% $800,172 3% $279 1% 514 21% $4,750,000

CONDOS 265 8% $700,000 6% $813,431 5% $399 0% 73 -26% $1,800,000

BROWARD COUNTY

SINGLE-FAMILY HOMES 1,372 2% $1,487,500 -1% $2,077,551 -2% $513 2% 453 23% $18,400,000

CONDOS 618 2% $1,480,000 -1% $1,792,700 -4% $740 9% 105 -10% $7,150,000

INDIAN RIVER COUNTY

SINGLE-FAMILY HOMES 637 0% $737,500 -8% $1,166,366 -21% $316 -9% 218 27% $11,000,000

CONDOS 203 4% $1,037,500 60% $1,667,394 100% $600 40% 60 9% $4,938,479

MARTIN COUNTY

SINGLE-FAMILY HOMES 222 6% $759,500 4% $1,024,054 -17% $332 4% 128 -5% $9,500,000

CONDOS 69 -5% $665,000 4% $864,399 7% $440 -5% 17 -32% $2,500,000

PALM BEACH COUNTY

SINGLE-FAMILY HOMES 2,044 -3% $1,695,000 6% $2,931,442 9% $551 -1% 724 17% $32,500,000

CONDOS 942 3% $1,750,000 -1% $2,150,926 -13% $860 3% 233 13% $11,930,000

CLAY COUNTY

RESIDENTIAL 60 58% $592,500 4% $699,434 5% $212 0% 98 14% $2,400,000

DUVAL COUNTY

RESIDENTIAL 262 11% $675,000 0% $846,808 -2% $289 3% 573 18% $4,500,000

FLAGLER COUNTY

RESIDENTIAL 166 -3% $694,000 3% $840,415 -1% $300 -4% 229 3% $9,800,000

NASSAU COUNTY

RESIDENTIAL 178 -18% $750,000 11% $937,467 4% $350 6% 327 5% $5,000,000

ST. JOHNS COUNTY

RESIDENTIAL 621 7% $699,000 3% $936,159 11% $287 2% 852 -2% $22,000,000

 Average Sales Price | Single-Family Homes
$3,500,000

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$0
Miami-Dade Broward Palm Beach Martin Indian River Brevard Flagler St. Johns Clay Duval Nassau

Q1 2023 Q1 2024

Average Sales Price | Condominiums

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

N/A
$0
Miami-Dade Broward Palm Beach Martin Indian River Brevard Flagler St. Johns Clay Duval Nassau

Q1 2023 Q1 2024

Market data represents single-family and condominium properties above $1,000,000 for Miami-Dade, Broward and Palm Beach
County and above $500,000 for Martin, Indian River, Brevard, Clay, Duval, Nassau, Flagler and St. Johns County.
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© 2024 ONE Sotheby’s International Realty. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks
licensed to Sotheby’s International Realty Affiliates LLC and used with permission. ONE Sotheby’s International Realty fully supports the principles of the Fair
Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and
operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC or any of its affiliated companies. The information
contained herein is deemed accurate but not guaranteed. Oral representations cannot be relied upon as correctly stating the representations of the developer. For
correct representations, reference should be made to the documents required by section 718.503, Florida Statutes, to be furnished by a developer to a buyer or
lessee. Pricing subject to change without notice.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Miami-Dade
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

AVENTURA $1,631,250 $1,237,500 32% $566 6% 10 400% 87

BAL HARBOUR N/A $6,242,500 N/A $ NA N/A - N/A N/A

COMPETITION PERSISTS BAY HARBOR ISLANDS $7,600,000 N/A N/A N/A N/A 1 N/A 116

The share of homes sold above the list COCONUT GROVE $2,762,500 $2,200,000 26% $1,007 23% 38 41% 96
price increased to 9%, the highest share
CORAL GABLES $1,787,500 $1,777,500 1% $876 13% 66 -18% 63
in the region. Despite the competition,
pricing remained stable. GOLDEN BEACH $7,675,000 $5,570,000 38% $1,379 4% 6 200% 295

KEY BISCAYNE $3,200,000 $3,350,000 -4% $1,283 10% 12 300% 93

MIAMI $1,450,000 $1,430,000 1% $579 7% 174 49% 73

$1.7M 1%

$716 4%
MIAMI BEACH

MIAMI SHORES
$3,137,500

$1,320,000
$3,250,000

$1,400,000
-3%

-6%
$1,223

$732
15%

5%
46

21
-6%

11%
88

49
MEDIAN SALES PRICE MEDIAN PPSF
NORTH BAY VILLAGE $1,200,000 $5,125,000 -77% $581 -43% 3 50% 84

82 562
PINECREST $2,875,000 $2,299,000 25% $804 15% 39 26% 86
7% 29%
SOUTH MIAMI $1,500,000 $1,650,000 -9% $685 3% 10 11% 51

AVG. DAYS SOLD SUNNY ISLES BEACH $1,510,000 $1,500,000 1% $803 -6% 5 67% 113
ON MARKET LISTINGS
SURFSIDE $1,400,000 $2,225,000 -37% $831 -16% 11 83% 50

1,979 17%

ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Miami-Dade
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

AVENTURA $1,578,500 $1,462,500 8% $566 13% 38 46% 88

BAL HARBOUR $3,200,000 $2,475,000 29% $1,341 16% 14 0% 162

PRICE PER SQUARE FOOT REMAINS HIGH BAY HARBOR ISLANDS $1,401,500 $1,475,000 -5% $786 -10% 6 50% 90

Though pricing fell in the last year, the BRICKELL/DOWNTOWN

$1,500,000 $1,475,000 2% $872 9% 59 -6% 105
MIAMI/EDGEWATER
average price per square foot was the
highest in Southeast Florida. COCONUT GROVE $2,100,000 $1,880,000 12% $892 8% 41 46% 73

CORAL GABLES $1,242,500 $1,900,000 -35% $702 -9% 8 -20% 103

FISHER ISLAND $6,100,000 $7,337,500 -17% $1,839 -21% 7 -30% 148

$1.8M $916
GOLDEN BEACH N/A N/A N/A N/A N/A - N/A N/A
3% 2%
INDIAN CREEK N/A N/A N/A N/A N/A - N/A N/A

MEDIAN SALES PRICE MEDIAN PPSF KEY BISCAYNE $1,680,000 $1,750,000 -4% $895 -12% 13 -52% 100

MIAMI $1,387,500 $1,700,000 -18% $861 -9% 34 -15% 100

111 2%

410 1% MIAMI BEACH

MIAMI SHORES
$1,950,000

N/A
$1,800,000

N/A
8%

N/A
$1,345

N/A
9%

N/A
87

-
-8%

N/A
126

N/A

AVG. DAYS SOLD

NORTH BAY VILLAGE $1,488,500 $1,762,500 -16% $555 -10% 2 0% 241
ON MARKET LISTINGS

PINECREST $1,150,000 N/A N/A $345 N/A 1 N/A 10

2,350
SOUTH MIAMI N/A N/A N/A N/A N/A - N/A N/A
16%
SUNNY ISLES BEACH $1,915,000 $1,970,000 -3% $957 6% 77 -4% 128

ACTIVE SURFSIDE $3,250,000 $1,970,000 65% $1,182 29% 13 86% 92

LISTINGS

MARKET DATA FOR CONDOMINIUMS, $1,000,000+

 DISCOVER THE ART OF LIVING

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Revel in the bespoke details and high end finishes that echo
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Your Journey Begins Here

Residences Priced From $2 Million

Visit Our Stunning Model Home at

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TheVillageAtCoralGables.com

FOLLOW US @THEVILLAGEATCORALGABLES
ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

This is not intended to be an offer to sell, or solicitation of an offer to buy, condominium units to residents of CT, ID, NY, NJ and OR, unless registered or exemptions are available, or in any other jurisdiction where prohibited by law, and your eligibility for purchase will depend upon your state of residency. This offering is made only by the prospectus for the condominium and no statement should be relied upon if not
made in the prospectus. The Developer (as is defined herein below) reserves the right to revise or modify, in its sole and absolute discretion, any or all improvements, designs and construction specifications depicted and all terms, conditions and statements made. All of the drawings, rendering, and photographs provided by Developer are conceptual only and are for the convenience of illustrating a proposed development;
said drawings, renderings and photographs should not be relied upon as representations, express or implied, of the final detail of the residences. All depictions of appliances, fixtures, counters, soffits, wall coverings, floor coverings, furnishings, closets, and other matters of detail, including, without limitation, items of finish and decoration, are conceptual only and are not necessarily the final finishes and details included
with the purchase of a Unit. Consult your Purchase Agreement and the Prospectus for information on what is included with Unit purchases. The photographs contained in these materials and other brochures may be stock photography, or may have been taken off-site and are used to depict the spirit of the lifestyles to be achieved rather than any that may exist or that may be proposed, and the photographs are merely
intended as illustrations of the activities and concepts depicted therein. No statements or representations have been made by Developer, or any of its agents, employees or representatives with respect to any potential for future profit, any future appreciation in value, investment opportunity potential, any rental income potential, the ability or willingness of Developer, or its affiliates, to assist any buyer in financing,
renting (other than the existence of a voluntary rental program) or selling the Unit (except only in response to a direct inquiry from buyer), the economic or tax benefits to be derived from the managerial efforts of a third party as a result of renting the Unit or other units, or the economic or tax benefits to be derived from ownership of the Unit. The Developer, its agents, employees, and representatives are neither
investment advisors nor tax advisors and any statement that may have been made should not be relied upon in your decision to purchase. Certain nearby attractions referenced or identified in these materials are off-site and not controlled by the Developer. The references to nearby attractions are based upon public information sources and are believed to be accurate as of the date of these materials or publication;
however, there is no guarantee that such attractions will continue to exist, or that there would not be changes and/or substitutions of any of the same. The managing entities, operators, amenities and other features that may be referred to are accurate as of the date of these materials or publication; however, there is no guarantee that the managing entities, operators, amenities and other features that may be referred to
will be involved at, or following, the completion of the Condominium. The Developer reserves the right to change any and all such managing entities, operators, amenities and other features that may be referred to as the Developer deems best for the Condominium in the Developer’s sole and absolute discretion. Dimensions and square footage of the Units are approximate and may vary with actual construction. The
Condominium is being developed by Gables Village Propco LLC, a Delaware limited liability company (“Developer”). You will look solely to Developer with respect to any and all matters relating to the sales, marketing, and development of the Condominium or your purchase of a Unit in the Condominium. No real estate broker is authorized to make any representations or other statements regarding the project, and no
agreements with, deposits paid to or other arrangements made with any real estate broker are or shall be binding on the Developer. All prices are subject to change at any time and without notice, and do not include optional features or premiums for upgraded units. From time to time, price changes may have occurred that are not yet reflected on these materials or other brochures. Please check with the Developer
for the most current pricing. Concierge services that may be described are available to Unit owners who pay additional fees. Consult the Prospectus for the site plan and the location of the Unit you desire. Unless otherwise noted, this content is owned by Developer and the unauthorized reproduction, display or other dissemination of these or other materials is strictly prohibited and constitutes copyright infringement.
Unless otherwise defined, capitalized terms used herein shall have the meanings ascribed to them in the Prospectus.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Broward
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

COOPER CITY $1,192,500 $1,275,000 -6% $421 7% 10 233% 106

CORAL SPRINGS $1,260,000 $1,581,000 -20% $341 9% 9 29% 33

INVENTORY MOVES SLOWLY DAVIE $1,475,000 $1,387,500 6% $399 0% 40 25% 60

Volume increased by 23% even though sales DEERFIELD BEACH $1,610,000 $1,358,000 19% $776 45% 5 -29% 150

took longer to close. The average single- FORT LAUDERDALE $1,837,500 $1,900,000 -3% $720 -3% 130 33% 103
family home spent 82 days on the market
HALLANDALE $4,900,000 $6,750,000 -27% $1,056 -12% 3 50% 80
during the first quarter of 2024, an increase
of 10 days. HILLSBORO BEACH $18,400,000 $19,241,500 -4% $1,696 14% 1 0% 82

HOLLYWOOD $1,900,000 $1,272,500 49% $603 22% 16 -11% 101

$1.5M 1%

$513 2%
LAUDERDALE-BY-THE-
SEA
$1,350,000 $1,120,000 21% $813 3% 5 0% 27

MEDIAN SALES PRICE MEDIAN PPSF LIGHTHOUSE POINT $1,825,000 $3,264,000 -44% $856 2% 20 11% 51

MIRAMAR $1,225,000 $1,110,000 10% $356 19% 21 91% 72

82 13%

453 23% PARKLAND

PEMBROKE PINES
$1,275,000

$1,292,500
$1,300,000

$1,049,770
-2%

23%
$365

$349
7%

3%
51

6
-4%

20%
65

33

AVG. DAYS SOLD

PLANTATION $1,412,500 $1,800,000 -22% $434 -3% 22 144% 76
ON MARKET LISTINGS

POMPANO BEACH $1,525,000 $1,450,000 5% $719 -3% 24 -23% 84

1,372
SOUTHWEST RANCHES $1,874,700 $1,725,000 9% $618 33% 18 -18% 50
31%
SUNRISE N/A N/A N/A N/A N/A - N/A N/A

ACTIVE WESTON $1,357,500 $1,375,000 -1% $412 2% 52 93% 71

LISTINGS
WILTON MANORS $1,522,500 $1,275,000 19% $721 1% 8 -20% 117

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Broward
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

DEERFIELD BEACH $1,262,000 $1,345,000 -6% $1,052 82% 1 0% 10

FORT LAUDERDALE $1,580,000 $1,657,500 -5% $744 3% 66 -18% 108

PRICE PER SQUARE FOOT INCREASES HALLANDALE $1,262,500 $1,330,000 -5% $761 0% 10 0% 87

The median price per square foot increased HILLSBORO BEACH $2,300,000 $1,300,000 77% $610 1% 1 -80% 92

by 9% from one year ago. This was the HOLLYWOOD $2,185,000 $1,425,000 53% $917 43% 8 -38% 45
second-highest rate of increase for condos
LAUDERDALE-BY-THE-
in Southeast Florida. SEA
$1,582,500 $1,425,000 11% $683 39% 4 -20% 64

LIGHTHOUSE POINT $2,230,000 N/A N/A $506 N/A 1 N/A 186

$1.4M $740
POMPANO BEACH $1,137,500 $2,140,000 -47% $542 -36% 13 333% 65
1% 9%
WILTON MANORS $1,025,000 N/A N/A $587 N/A 1 N/A 50

MEDIAN SALES PRICE MEDIAN PPSF

93 1%

105 10%

AVG. DAYS SOLD

ON MARKET LISTINGS

618 53%

ACTIVE
LISTINGS

MARKET DATA FOR CONDOMINIUMS, $1,000,000+

A New Vision Of Luxury
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Sales Gallery Now Open

2406 SE 17th Street, Fort Lauderdale, FL 33316

Obtain the Property Report required by Federal Law and read it before signing anything. No Federal or State agency has endorsed or judge s not an offer to sell or solicitation to buy
real estate in any jurisdiction where prohibited by law. Products and availability are subject to change without notice. Improvements, facilities and programs may be in formative stages and
cannot be guaranteed. Artist renderings are for illustrative purposes only and may differ from completed products.
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Palm Beach
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

BOCA RATON $1,775,000 $1,580,000 12% $521 6% 200 20% $72

BOYNTON BEACH $1,199,155 $1,250,000 -4% $446 -3% 32 -27% $56

SALES ACCELERATE DELRAY BEACH $1,712,000 $1,675,000 2% $494 -16% 81 -16% $78

Transaction volume increased by 17% from HIGHLAND BEACH $18,762,500 $2,750,000 582% $2,448 210% 3 200% $123

the prior year. During the first quarter, Palm JUNO BEACH $1,300,000 $1,987,000 -35% $595 -39% 3 50% $44
Beach County had the highest number of
JUPITER $1,537,500 $1,567,000 -2% $586 5% 90 17% $64
single-family home sales in Southeast Florida.
JUPITER INLET COLONY $5,275,000 $4,500,000 17% $2,083 39% 3 -40% $15

LAKE PARK N/A N/A N/A N/A N/A - N/A N/A

$1.7M 6%

$551 1%
LAKE WORTH

LANTANA
$1,350,000

$3,398,598
$1,362,000

$1,487,500
-1%

128%
$297

$993
-23%

32%
5

4
-17%

100%
$121

$130
MEDIAN SALES PRICE MEDIAN PPSF
NORTH PALM BEACH $2,562,500 $2,075,000 23% $989 48% 14 40% $87

82 724
MANALAPAN $16,175,000 $6,625,000 144% $2,064 38% 4 -20% $150
19% 17%
PALM BEACH $12,887,500 $8,300,000 55% $2,726 -2% 14 100% $146

AVG. DAYS SOLD PALM BEACH GARDENS $1,700,000 $1,623,898 5% $511 2% 120 76% $93
ON MARKET LISTINGS
SINGER ISLAND $2,300,000 $2,100,000 10% $923 20% 6 -25% $65

TEQUESTA $1,350,000 $1,700,000 -21% $643 -3% 9 0% $52

2,044 22% WELLINGTON

WEST PALM BEACH

$1,600,000

$1,775,000
$1,715,000

$1,725,000
-7%

3%
$459

$704
6%

-1%
43

69
43%

33%
$133

$90
ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $1,000,000+

 CONDOMINIUMS

Palm Beach
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

NEIGHBORHOOD SNAPSHOTS
BOCA RATON $1,682,500 $1,450,000 16% $872 1% 64 42% $75

BOYNTON BEACH N/A N/A N/A N/A N/A - N/A N/A

SALES INCREASE DELRAY BEACH $1,805,000 $1,475,000 22% $890 19% 33 6% $65

Sales increased by 13% from a year ago. HIGHLAND BEACH $1,800,000 $2,325,000 -23% $858 -14% 12 -14% $56

Palm Beach County’s average price is JUNO BEACH $1,775,000 $1,225,000 45% $955 23% 5 -50% $63
the second-most expensive in the region.
JUPITER $1,600,000 $1,365,000 17% $848 16% 13 18% $48

NORTH PALM BEACH $2,250,000 $1,550,000 45% $691 33% 13 86% $36

MANALAPAN $1,530,000 $4,300,000 -64% $1,020 -29% 1 0% $121

$1.8M 1%

$860 3%
PALM BEACH

PALM BEACH GARDENS

$2,050,000

$1,500,000
$3,200,000

$2,225,000
-36%

-33%
$1,121

$675
-29%

-16%
33

11
-11%

267%
$135

$37
MEDIAN SALES PRICE MEDIAN PPSF
SINGER ISLAND $1,550,000 $1,362,500 14% $833 14% 19 6% $49

79 233
TEQUESTA $1,512,500 $7,075,000 -79% $803 -65% 2 0% $65
22% 13%
WELLINGTON $1,230,000 $1,175,000 5% $550 -16% 4 33% $134

AVG. DAYS SOLD WEST PALM BEACH $1,475,000 $1,750,000 -16% $862 7% 17 -15% $136
ON MARKET LISTINGS

942 63%

ACTIVE
LISTINGS

MARKET DATA FOR CONDOMINIUMS, $1,000,000+

 SINGLE-FAMILY HOMES

Martin
County $760K $332 59
15%
4% 4%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

REDUCED DAYS ON MARKET 128 5%

222 35%

Homes are selling faster with the average days SOLD ACTIVE
LISTINGS LISTINGS
on the market decreasing by 15% from a year
ago. Sales volume declined by 5% even as
activity strengthened across most of the region. MARKET DATA FOR SINGLE-FAMILY, HOMES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

HOBE SOUND $675,000 $682,500 -1% $310 -12% 5 -64% 30

HUTCHINSON ISLAND $2,630,000 $4,226,250 -38% $584 -37% 5 -38% 87

JENSEN BEACH $560,000 $576,500 -3% $291 -6% 13 -24% 46

JUPITER ISLAND $4,925,000 $9,825,000 -50% $1,381 -44% 3 50% N/A

PALM CITY $805,000 $772,500 4% $309 1% 91 -5% 68

SEWALL'S POINT $1,528,438 $2,550,000 -40% $499 -16% 10 67% 74

STUART $812,000 $715,000 14% $351 7% 53 23% 57

 CONDOMINIUMS

Martin
County $665K $440 57
37%
4% 5%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

PRICE PER SQUARE FOOT SOFTENS 17 32%

69 86%

The median price per square foot declined by 5% SOLD ACTIVE

LISTINGS LISTINGS
from one year ago, the steepest decline among all
counties in Southeast Florida.
MARKET DATA FOR CONDOMINIUMS, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

HOBE SOUND $518,000 N/A N/A $268 N/A 1 N/A 42

HUTCHINSON ISLAND $725,000 $640,000 13% $462 -3% 9 -55% 41

JENSEN BEACH $1,250,000 N/A N/A $374 N/A 1 N/A 21

JUPITER ISLAND N/A N/A N/A N/A N/A - N/A N/A

PALM CITY $955,000 $675,000 41% $355 11% 3 -25% 57

SEWALL'S POINT N/A N/A N/A N/A N/A - N/A N/A

STUART $804,950 $785,000 3% $478 4% 4 100% 64

 SINGLE-FAMILY HOMES

Indian River
County $738K $316 103
16%
8% 9%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

COMPETITION ON THE RISE 218 27%

637 49%

The share of homes sold above the asking price SOLD ACTIVE
LISTINGS LISTINGS
increased and was greater than the regional average.

MARKET DATA FOR SINGLE-FAMILY, HOMES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

BARRIER ISLAND $1,225,000 $1,250,000 -2% $547 6% 57 -14% 121

MAINLAND
$632,900 $662,500 -4% $280 5% 100 39% 105
VERO BEACH

SEBASTIAN/
$625,000 $592,000 6% $285 0% 7 0% 118
FELLSMERE
 CONDOMINIUMS

Indian River
County $1M $600 145
82%
60% 40%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

PRICING SURGES 60 9%

203 123%

The median sales price rose by 60%. The SOLD ACTIVE

LISTINGS LISTINGS
average number of days spent on the market
increased compared to one year ago, reaching
the highest level in Southeast Florida. MARKET DATA FOR CONDOMINIUMS, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

BARRIER ISLAND $1,160,000 $680,000 78% $658 43% 49 26% 160

MAINLAND
$629,500 $677,000 -7% $347 2% 8 -43% 84
VERO BEACH

SEBASTIAN/
N/A $513,000 N/A N/A N/A - N/A N/A
FELLSMERE
 SINGLE-FAMILY HOMES

NEIGHBORHOOD SNAPSHOTS
Brevard
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

COCOA $650,000 $692,500 -6% $221 -26% 14 40% 74

COCOA BEACH $950,000 $632,000 50% $522 36% 19 27% 80

MEDIAN PRICE MOVES HIGHER GRANT $679,805 $562,500 21% $203 -22% 12 140% 90

The median home price increased by 2% INDIALANTIC $734,000 $715,000 3% $385 27% 20 -43% 58

compared with the prior year. This pace of MALABAR $700,000 $655,000 7% $277 6% 11 -8% 49
price appreciation was on par with Southeast
MELBOURNE $646,200 $625,000 3% $271 6% 216 71% 32
Florida, while homes in Brevard County
remained more affordable. MELBOURNE BEACH $959,000 $679,000 41% $406 10% 31 15% 70

MERRITT ISLAND $699,000 $700,000 0% $299 11% 75 15% 64

$658K 2%

$279 1%
MIMS

PALM BAY
$621,350

$560,000
$679,900

$553,450
-9%

1%
$196

$242
-27%

7%
4

17
-43%

-15%
119

42
MEDIAN SALES PRICE MEDIAN PPSF
ROCKLEDGE $585,000 $615,000 -5% $259 -4% 22 -42% 45

49 514
SATELLITE BEACH & INDI-
$725,000 $669,000 8% $373 11% 39 8% 46
3% 21% AN HARBOUR BEACH

TITUSVILLE $567,750 $620,000 -8% $250 42% 12 9% 52

AVG. DAYS SOLD

WEST MELBOURNE $563,000 $525,000 7% $231 20% 10 0% 36
ON MARKET LISTINGS

772 86%

ACTIVE
LISTINGS

MARKET DATA FOR SINGLE-FAMILY HOMES, $500,000+

 CONDOMINIUMS

NEIGHBORHOOD SNAPSHOTS
Brevard
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

YOY% YOY%
1Q24 1Q23 1Q24 1Q24 YOY% CHANGE 1Q24 53
CHANGE CHANGE

COCOA BEACH $640,000 $650,000 -2% $414 0% 101 -18% 53

HIGHER PRICES
GRANT N/A N/A N/A N/A N/A - N/A N/A

The median condo price increased

INDIALANTIC $745,000 $750,000 -1% $436 2% 55 4% 104
by 6% from one year ago. The
median price exceeded $700,000 MALABAR N/A $885,000 N/A N/A N/A - N/A N/A

for the second time. MELBOURNE $620,000 $659,900 -6% $308 0% 12 -74% 93

MELBOURNE BEACH $949,450 $749,000 27% $462 13% 34 -36% 106

$700K $399
MERRITT ISLAND $558,000 $530,000 5% $249 -3% 11 57% 44
6% 0%
MIMS N/A N/A N/A N/A N/A - N/A N/A

MEDIAN SALES PRICE MEDIAN PPSF PALM BAY $610,000 $560,000 9% $217 -6% 2 100% 37

ROCKLEDGE $891,500 $640,000 39% $313 5% 1 -50% 36

108 30%

73 26% SATELLITE BEACH &

INDIAN HARBOUR BEACH

TITUSVILLE
$798,500

$544,900
$749,950

$569,450
6%

-4%
$438

$296
1%

12%
80

22
-2%

38%
51

69
AVG. DAYS SOLD
ON MARKET LISTINGS WEST MELBOURNE N/A N/A N/A N/A N/A - N/A N/A

265 58%

ACTIVE
LISTINGS

MARKET DATA FOR CONDOMINIUMS, $500,000+

 ALL RESIDENTIAL

Flagler
County $694K $300 80
5%
3% 4%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

SALES PACE SLOWS 229 3%

166 27%

The average time a property is on the market SOLD ACTIVE

LISTINGS LISTINGS
increased to 80 days, the longest amount of time
in Northeast Florida.
MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

BUNNELL $620,000 $730,000 -15% $341 27% 3 0% 68

FLAGLER BEACH $700,556 $837,500 -16% $318 -17% 26 44% 89

PALM COAST $681,750 $695,000 -2% $285 -11% 82 -26% 77

 ALL RESIDENTIAL

NEIGHBORHOOD SNAPSHOTS
St. Johns
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

JULINGTON CREEK
$659,632 $650,000 1% $246 7% 93 -24% 77
AREA

NOCATEE $769,500 $752,500 2% $316 4% 136 39% 70

TRANSACTIONS SLOW
PONTE VEDRA BEACH $1,210,000 $1,160,000 4% $425 5% 96 9% 59

Sales volume decreased for the third

SOUTHEAST
$700,000 $665,000 5% $377 6% 72 -11% 63
consecutive quarter. St. Johns was the only ST. JOHNS COUNTY
county in Northeast Florida where sales
ST. AUGUSTINE
declined during the first quarter. BEACHES/ $680,000 $628,500 8% $319 7% 21 -5% 147
ANASTASIA ISLAND

ST. JOHNS $653,786 $625,000 5% $242 1% 138 22% 81

$699K $287
SOUTHWEST
3% 2% $565,000 $575,000 -2% $275 26% 13 160% 111
ST. JOHNS COUNTY

ST. AUGUSTINE/
$714,000 $695,000 3% $329 8% 40 -15% 101
MEDIAN SALES PRICE MEDIAN PPSF VILANO BEACH

WORLD GOLF VILLAGE

$643,750 $627,356 3% $233 -2% 86 -11% 81
AREA/PALENCIA

79 4%

852 2%

AVG. DAYS SOLD

ON MARKET LISTINGS

621 38%

ACTIVE
LISTINGS

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

 ALL RESIDENTIAL

Clay
County $593K $212 65
17%
4% 0%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

TRANSACTIONS ACCELERATE 98 14%

60 28%

Sales volume accelerated by 14%, one of the most SOLD ACTIVE

LISTINGS LISTINGS
significant increases in Northeast Florida.

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

FLEMING ISLAND $621,208 $557,000 12% $224 7% 34 36% 54

GREEN COVE SPRINGS $577,500 $630,000 -8% $216 -1% 8 -58% 90

MIDDLEBURG/
$630,000 $574,250 10% $218 -2% 27 42% 59
KEYSTONE

ORANGE PARK $575,000 $605,000 -5% $204 11% 7 40% 103

OAKLEAF PLANTATION $524,332 $525,000 0% $181 3% 14 56% 56

 ALL-RESIDENTIAL

NEIGHBORHOOD SNAPSHOTS
Duval
MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

County
YOY% YOY% YOY%
Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

ARLINGTON/
$590,000 $550,000 7% $205 3% 18 6% 59
FORT CAROLINE

AVONDALE/RIVERSIDE/
$705,000 $700,000 1% $302 0% 35 52% 67
PRICES STABILIZE ORTEGA

BARTRAM $572,500 $547,500 5% $197 -1% 8 -20% 53

The median price stabilized at the same
level as one year ago. Duval County was the BEACHES $715,000 $766,250 -7% $429 -2% 125 6% 66

only county in Northeast Florida where the

BEAUCLERC/
$587,241 $595,000 -1% $227 4% 60 46% 72
median price did not increase. MANDARIN

DOWNTOWN
$557,000 $513,819 8% $246 5% 9 125% 38
JACKSONVILLE

$675K $289
INTRACOASTAL $722,643 $738,885 -2% $287 1% 182 17% 59
0% 3%
NOCATEE (DUVAL) $528,887 $526,409 0% $219 -2% 6 20% 128

MEDIAN SALES PRICE MEDIAN PPSF NORTH JACKSONVILLE $600,000 $652,450 -8% $217 -5% 19 -32% 41

SAN MARCO/SAN JOSE $757,000 $798,000 -5% $318 6% 36 57% 53

60 19%

573 18% SOUTHSIDE

WEST JACKSONVILLE
$608,500

$587,000
$672,000

$562,000
-9%

4%
$241

$225
3%

-4%
34

7
13%

0%
51

26
AVG. DAYS SOLD
ON MARKET LISTINGS

262 31%

ACTIVE
LISTINGS

MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

 ALL RESIDENTIAL

Nassau
County $750K $350 65
8%
11% 6%

AVG. DAYS
MEDIAN SALES PRICE MEDIAN PPSF
ON MARKET

STRONG PRICE GROWTH 327 5%

178 19%

The median price increased by nearly 11% from one year SOLD ACTIVE
LISTINGS LISTINGS
ago, the strongest in the region. Nassau County remained
the most expensive housing market in the area.
MARKET DATA FOR RESIDENTIAL PROPERTIES, $500,000+

NEIGHBORHOOD SNAPSHOTS

MEDIAN MEDIAN
CLOSED DAYS ON
SALES PRICE
TRANSACTIONS MARKET
PRICE PER SF

YOY% YOY% YOY%

Q1 2024 Q1 2023 Q1 2024 Q1 2024 Q1 2024
CHANGE CHANGE CHANGE

AMELIA ISLAND/
$850,000 $725,000 17% $394 11% 157 -15% 65
FERNANDINA BEACH

YULEE/WILDLIGHT $561,805 $615,000 -9% $244 -3% 14 100% 68