Real Estate Market Report

Santa Rosa Beach, FL

Single-Family Homes

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



Santa Rosa Beach, FL

Fri Sep 30 2022
This week the median list price for Santa Rosa Beach, FL is $1,650,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 317. Click here to stay informed with the Santa Rosa Beach market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Santa Rosa Beach, FL

Fri Sep 30 2022
This week the median list price for Santa Rosa Beach, FL is $1,650,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has decreased to 317. Click here to stay informed with the Santa Rosa Beach market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Santa Rosa Beach market.
Median List Price $1,650,000
Median Price of New Listings $1,550,000
Per Square Foot $664
Average Days on Market 87
Median Days on Market 70
Price Decreased 50%
Price Increased 1%
Relisted 9%
Inventory 317
Median Rent
Market Action 30
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
$4,450,000 3,965 8,000 - 10,000 sqft 5 5.5 14 5 3 98
$1,995,000 2,781 4,500 - 6,500 sqft 4 4.5 7 6 5 77
$1,350,000 2,216 6,500 - 8,000 sqft 4 3.5 6 10 8 56
$669,500 1,824 6,500 - 8,000 sqft 3 2.5 10 6 10 45