Real Estate Market Report

Miramar Beach, FL

Single-Family Homes

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



Miramar Beach, FL

Fri Sep 30 2022
This week the median list price for Miramar Beach, FL is $1,449,450 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has decreased to 124. 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 settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Miramar Beach, FL

Fri Sep 30 2022
This week the median list price for Miramar Beach, FL is $1,449,450 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has decreased to 124. 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 settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Miramar Beach market.
Median List Price $1,449,450
Median Price of New Listings $1,200,000
Per Square Foot $597
Average Days on Market 89
Median Days on Market 81
Price Decreased 55%
Price Increased 4%
Relisted 10%
Inventory 124
Median Rent
Market Action 28
Slight Buyer's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,950,000 4,675 0.25 - 0.5 acre 5 5.5 16 0 1 70
$1,850,000 3,014 6,500 - 8,000 sqft 4 4 17 0 6 98
$1,275,000 2,190 4,500 - 6,500 sqft 4 3 17 3 4 77
$825,000 1,824 4,500 - 6,500 sqft 3 2.5 23 1 6 77