Santa Rosa Beach Market Report: Slight Seller’s Advantage

Santa Rosa Beach Market Report: Slight Seller’s Advantage

Tue Feb 25 2020

This week the median list price for Santa Rosa Beach, FL 32459 is $799,500 with the market action index hovering around 31. This is about the same as last month’s market action index of 31. Inventory has held steady at or around 495.
 

Market Action Index

  • Slight Seller’s Advantage
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
 

Real-Time Market Profile

Never miss important changes in the Santa Rosa Beach market.
 
Median List Price
$799,500
Per Square Foot $338
Days on Market 179
Price Decreased 32%
Price Increased 4%
Relisted 8%
Inventory 495
Median Rent $2,275
Most Expensive $12,750,000
Least Expensive $189,900
Market Action 31
 
Slight Seller's Advantage

  • Median List Price
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
 

Market Segments

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,549,000 3,876 8,000 – 10,000 sqft 5 5 8 4 4 -236
$1,126,562 2,717 6,500 – 8,000 sqft 4 4 45 8 9 166
$679,500 2,182 4,500 – 6,500 sqft 4 4 7 3 4 183
$376,537 1,833 4,500 – 6,500 sqft 3 3 8 7 10 131
 
Each segment below represents approximately 25% of the market ordered by price.
 

Tue Feb 25 2020

This week the median list price for 32459 is $799,500 with the market action index hovering around 31. This is about the same as last month’s market action index of 31. Inventory has held steady at or around 495. Click here to stay informed with the Santa Rosa Beach market!

Market Action Index: Santa Rosa Beach Market

  • Slight Seller’s Advantage
The Santa Rosa Beach market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
 

Real-Time Market Profile: Santa Rosa Beach Market

Never miss important changes in the Santa Rosa Beach market.
 
Median List Price
$799,500
Per Square Foot $338
Days on Market 179
Price Decreased 32%
Price Increased 4%
Relisted 8%
Inventory 495
Median Rent $2,275
Most Expensive $12,750,000
Least Expensive $189,900
Market Action 31
 
Slight Seller's Advantage
 
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,549,000 3,876 8,000 – 10,000 sqft 5 5 8 4 4 -236
$1,126,562 2,717 6,500 – 8,000 sqft 4 4 45 8 9 166
$679,500 2,182 4,500 – 6,500 sqft 4 4 7 3 4 183
$376,537 1,833 4,500 – 6,500 sqft 3 3 8 7 10 131

 

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