Market Reports by Rob Brooks Realty

Navarre, FL

Single-Family Homes

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



Navarre, FL

Tue Jul 16 2024
This week the median list price for Navarre, FL is $549,999 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 119. Click here to stay informed with the Navarre market!

Market Action Index

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

Slight Seller's Advantage

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.

Navarre, FL

Tue Jul 16 2024
This week the median list price for Navarre, FL is $549,999 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 119. Click here to stay informed with the Navarre market!

Market Action Index

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

Slight Seller's Advantage

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 Navarre market.
Median List Price $549,999
Median Price of New Listings $550,000
Per Square Foot $238
Average Days on Market 70
Median Days on Market 49
Price Decreased 45%
Price Increased 6%
Relisted 3%
Inventory 119
Median Rent
Market Action 36
Slight Seller'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
$1,300,000 2,830 0.25 - 0.5 acre 4 3 21 0 1 77
$626,950 2,762 0.5 - 1 acre 4 3 17 5 2 45
$488,000 2,142 0.25 - 0.5 acre 4 2 15 2 1 21
$394,450 1,772 0.25 - 0.5 acre 3 2 16 2 2 42