Real Estate Market Report

Destin, FL

Single-Family Homes

Craig Tindall, Broker | 850-454-8160 | https://www.destinjustlisted.com



Destin, FL

Wed Oct 04 2023
This week the median list price for Destin, FL is $1,345,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 177. Click here to stay informed with the Destin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Destin, FL

Wed Oct 04 2023
This week the median list price for Destin, FL is $1,345,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 177. Click here to stay informed with the Destin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Destin market.
Median List Price $1,345,000
Median Price of New Listings $1,269,500
Per Square Foot $514
Average Days on Market 129
Median Days on Market 91
Price Decreased 50%
Price Increased 3%
Relisted 7%
Inventory 177
Median Rent
Market Action 27
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,949,500 4,276 0.25 - 0.5 acre 5 5.3 19 1 2 119
$1,684,499 3,102 8,000 - 10,000 sqft 4 4 22 4 0 115
$1,095,000 2,420 4,500 - 6,500 sqft 4 3 23 1 4 101
$579,000 1,877 8,000 - 10,000 sqft 3 2 26 5 2 49