Real Estate Market Report

Miramar Beach, FL

Single-Family Homes

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



Miramar Beach, FL

Mon Jun 17 2024
This week the median list price for Miramar Beach, FL is $1,382,499 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 216. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Miramar Beach, FL

Mon Jun 17 2024
This week the median list price for Miramar Beach, FL is $1,382,499 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 216. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Miramar Beach market.
Median List Price $1,382,499
Median Price of New Listings $914,250
Per Square Foot $554
Average Days on Market 162
Median Days on Market 105
Price Decreased 49%
Price Increased 3%
Relisted 8%
Inventory 216
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
$3,044,999 4,502 0.25 - 0.5 acre 6 6.5 8 3 2 105
$1,675,000 2,789 6,500 - 8,000 sqft 4 4 17 2 2 87
$1,132,000 2,166 4,500 - 6,500 sqft 4 3.5 19 2 1 147
$731,500 1,628 4,500 - 6,500 sqft 3 2 27 7 10 94