Market Reports by Rob Brooks Realty

Crestview, FL

Single-Family Homes

mail@robbrooks.com | (850) 776-6706 | RobBrooksRealty.com



Crestview, FL

Sun Sep 15 2024
This week the median list price for Crestview, FL is $339,900 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 529. Click here to stay informed with the Crestview market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Crestview, FL

Sun Sep 15 2024
This week the median list price for Crestview, FL is $339,900 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 529. Click here to stay informed with the Crestview market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Crestview market.
Median List Price $339,900
Median Price of New Listings $289,075
Per Square Foot $181
Average Days on Market 92
Median Days on Market 70
Price Decreased 46%
Price Increased 18%
Relisted 6%
Inventory 529
Median Rent
Market Action 31
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$425,000 2,587 0.25 - 0.5 acre 4 3 3 6 7 77
$359,950 1,973 0.25 - 0.5 acre 4 2 0 4 8 84
$319,900 1,787 0.25 - 0.5 acre 4 2 4 6 6 70
$259,000 1,387 0.25 - 0.5 acre 3 2 26 16 16 56