Single-Family Homes
Tue Mar 02 2021
This week the median list price for Inlet Beach, FL 32461 is $2,810,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has held steady at or around 51.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $2,810,000 | |
Per Square Foot | $784 | |
Days on Market | 49 | |
Price Decreased | 8% | |
Price Increased | 4% | |
Relisted | 12% | |
Inventory | 51 | |
Median Rent | $3,050 | |
Most Expensive | $8,999,000 | |
Least Expensive | $335,000 | |
Market Action | 43 | |
Slight Seller's Advantage |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$6,574,000 | 4,759 | 4,500 - 6,500 sqft | 6 | 5 | 6 | 1 | 2 | 143 |
$3,695,000 | 4,266 | 6,500 - 8,000 sqft | 6 | 6 | 7 | 2 | 1 | 49 |
$2,000,000 | 3,376 | 4,500 - 6,500 sqft | 4 | 4 | 16 | 5 | 1 | 35 |
$1,295,000 | 2,160 | 4,500 - 6,500 sqft | 4 | 3 | 5 | 1 | 3 | 49 |