Is Mary Esther, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mary Esther was a Seller's Market.
Housing Prices in Mary Esther, FL
How much do homes in Mary Esther, FL cost?
Median Sold Price
$335,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mary Esther was $335,000 in April 2024, up 2.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $170K | +9.7% |
2 Bedrooms | $211K | $240K | +13.7% |
3 Bedrooms | $320K | $330K | +3.1% |
4 Bedrooms | $390K | $409K | +4.9% |
5+ Bedrooms | $582K | $600K | +3.1% |
Summary: Mary Esther housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Mary Esther | $326K | $335K | +2.8% |
Fort Walton Beach | $345.2K | $345K | -0.1% |
Housing Supply in Mary Esther, FL
How many homes are available in Mary Esther, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 100 | +7.5% |
Summary: The Mary Esther real estate market had 100 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 48 | 49 | +2.1% |
4 Bedrooms | 24 | 29 | +20.8% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Mary Esther housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Mary Esther in April 2024, down by 11.1% month-over-month. Of the 16 sold homes, 44% were sold under asking, 44% were sold at asking, and 13% were sold over asking.
Days on Market for Mary Esther, FL
How long does it take to sell a home in Mary Esther, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 35 Days | -13.3% |
Summary: Homes in Mary Esther had an average of 35 days on market in Apr 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Mary Esther; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.