Cole Blair Properties Market Report

Miramar Beach, FL 32550

Single-Family Homes

Cole Blair I Broker, Owner I c. 850.376.3269 I e. cole@coleblair.com


Miramar Beach, FL 32550

Fri Apr 19 2024
This week the median list price for Miramar Beach, FL 32550 is $1,325,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 200. Click here to stay informed with the Miramar Beach market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Miramar Beach, FL 32550

Fri Apr 19 2024
This week the median list price for Miramar Beach, FL 32550 is $1,325,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 200. Click here to stay informed with the Miramar Beach market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Miramar Beach market.
Median List Price $1,325,000
Median Price of New Listings $1,789,000
Per Square Foot $561
Average Days on Market 148
Median Days on Market 126
Price Decreased 41%
Price Increased 2%
Relisted 10%
Inventory 200
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$3,272,500 4,580 0.25 - 0.5 acre 6 6.3 9 5 3 143
$1,687,000 2,828 8,000 - 10,000 sqft 4 3.8 19 3 2 150
$1,148,500 2,163 4,500 - 6,500 sqft 4 3.5 19 2 4 133
$732,450 1,696 4,500 - 6,500 sqft 3 2 27 3 5 77