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

Thu Sep 16 2021
This week the median list price for Santa Rosa Beach, FL 32459 is $1,393,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 208. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Santa Rosa Beach, FL 32459

Thu Sep 16 2021
This week the median list price for Santa Rosa Beach, FL 32459 is $1,393,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 208. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Santa Rosa Beach market.
Median List Price $1,393,000
Median Price of New Listings $988,345
Per Square Foot $563
Average Days on Market 64
Median Days on Market 35
Price Decreased 35%
Price Increased 5%
Relisted 3%
Inventory 208
Median Rent $2,900
Market Action 44
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.

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
$4,272,300 4,575 6,500 - 8,000 sqft 5 5 9 1 0 63
$1,772,500 2,750 0.25 - 0.5 acre 4 3 10 4 1 35
$1,099,500 2,115 4,500 - 6,500 sqft 4 3 9 5 2 31
$559,500 1,924 6,500 - 8,000 sqft 3 2 15 6 1 21