Inlet Beach, FL 32461
Fri Mar 06 2020
This week the median list price for Inlet Beach, FL 32461 is $1,329,000 with the market action index hovering around 26. This is an increase over last month’s market action index of 25. Inventory has held steady at or around 263.
Market Action Index
Slight Buyer’s Advantage
Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer’s market to a Seller’s market.
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Inlet Beach, FL 32461
Fri Mar 06 2020
This week the median list price for Inlet Beach, FL 32461 is $785,000 with the market action index hovering around 31. This is an increase over last month’s market action index of 30. Inventory has held steady at or around 93.
Market Action Index
Slight Seller’s Advantage
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
