Is Walton Beaches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Walton Beaches was a Seller's Market.
Housing Prices in Walton Beaches, FL
How much do homes in Walton Beaches, FL cost?
Median Sold Price
$1,000,200
$548/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walton Beaches was $1,000,200 in May 2024, up 9.7% from last year, and the median price per square foot was $548.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $427K | -5.1% |
2 Bedrooms | $599.6K | $650K | +8.4% |
3 Bedrooms | $820K | $833.5K | +1.7% |
4 Bedrooms | $1.2M | $1.4M | +12.0% |
5+ Bedrooms | $2.5M | $2.6M | +3.6% |
Summary: Walton Beaches housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Santa Rosa Beach | $849.9K | $967.8K | +13.9% |
Walton Beaches | $911.4K | $1.0M | +9.7% |
Miramar Beach | $731.6K | $750K | +2.5% |
Panama City Beaches | $471.4K | $468K | -0.7% |
Housing Supply in Walton Beaches, FL
How many homes are available in Walton Beaches, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,965 | 2,078 | +5.8% |
Summary: The Walton Beaches real estate market had 2,078 homes for sale in May 2024, a 5.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 105 | 115 | +9.5% |
2 Bedrooms | 312 | 325 | +4.2% |
3 Bedrooms | 589 | 620 | +5.3% |
4 Bedrooms | 542 | 563 | +3.9% |
5+ Bedrooms | 417 | 455 | +9.1% |
Summary: The Walton Beaches housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
214 | 186 | -13.1% |
Asking Price vs. Sold Price
149 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 186 homes were sold or pending in Walton Beaches in May 2024, down by 13.1% month-over-month. Of the 186 sold homes, 80% were sold under asking, 15% were sold at asking, and 5% were sold over asking.
Days on Market for Walton Beaches, FL
How long does it take to sell a home in Walton Beaches, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 87 Days | +11.3% |
Summary: Homes in Walton Beaches had an average of 87 days on market in May 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
67 Homes Were Sold
Over 90 Days
Summary: During May 2024, 186 homes were sold in Walton Beaches; 35% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.