Real Estate Market Report

Miramar Beach, FL

Single-Family Homes

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



Miramar Beach, FL

Sat Feb 04 2023
This week the median list price for Miramar Beach, FL is $1,395,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 139. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Miramar Beach, FL

Sat Feb 04 2023
This week the median list price for Miramar Beach, FL is $1,395,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 139. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Miramar Beach market.
Median List Price $1,395,000
Median Price of New Listings $1,085,000
Per Square Foot $589
Average Days on Market 120
Median Days on Market 98
Price Decreased 47%
Price Increased 1%
Relisted 9%
Inventory 139
Median Rent
Market Action 28
Slight Buyer'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
$3,394,990 4,245 0.25 - 0.5 acre 5 5.3 5 0 2 122
$1,750,000 2,892 6,500 - 8,000 sqft 4 4 16 2 1 84
$1,199,000 2,246 4,500 - 6,500 sqft 4 3 20 3 2 133
$799,000 1,840 6,500 - 8,000 sqft 3 2 27 5 6 84