Cole Blair Properties Market Report

Santa Rosa Beach, FL 32459

Single-Family Homes

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



Santa Rosa Beach, FL 32459

Wed Jul 06 2022
This week the median list price for Santa Rosa Beach, FL 32459 is $1,700,000 with the market action index hovering around 37. This is less than last month's market action index of 48. Inventory has increased to 273. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Santa Rosa Beach, FL 32459

Wed Jul 06 2022
This week the median list price for Santa Rosa Beach, FL 32459 is $1,700,000 with the market action index hovering around 37. This is less than last month's market action index of 48. Inventory has increased to 273. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Santa Rosa Beach market.
Median List Price $1,700,000
Median Price of New Listings $1,395,000
Per Square Foot $745
Average Days on Market 55
Median Days on Market 35
Price Decreased 42%
Price Increased 3%
Relisted 7%
Inventory 273
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,875,000 3,785 8,000 - 10,000 sqft 5 5 14 7 1 49
$2,175,000 2,629 6,500 - 8,000 sqft 4 4 12 6 2 28
$1,397,000 2,094 6,500 - 8,000 sqft 4 3.5 8 10 6 31
$619,000 1,884 4,500 - 6,500 sqft 3 2.5 15 16 4 28