Is Miramar Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miramar Beach is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Miramar Beach has remained a Seller's Market.

Key Takeaway

Miramar Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Miramar Beach, FL cost?

Median Sold Price

$648,590

$436/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$154,924(+31.4%)

Key Takeaway

Homes in Miramar Beach have sold for 31.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $235K$339.5K
+44.5%
2 $387K$531K
+37.2%
3 $535K$749.6K
+40.1%
4 $802.4K$1.0M
+28.0%
5+ $1.3M$1.7M
+35.9%

Median Sold Price Compared To Nearby Cities

Miramar Beach
+31.4%
Walton Beaches
+24.9%
Destin
+21.7%
Santa Rosa Beach
+20.7%

How many homes are available in Miramar Beach, FL?

Number of Homes For Sale

May 2022Jun 2022%
417448+7.4%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 5146
-9.8%
2 110112
+1.8%
3 122140
+14.8%
4 7283
+15.3%
5+ 6267
+8.1%

Number of Homes Sold

May 2022Jun 2022%
11277-31.3%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miramar Beach, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
31 Days23 Days-25.3%

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Miramar Beach are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Miramar Beach, FL

Miramar Beach, FL has 448 homes for sale to choose from. In June 2022 in Miramar Beach, FL there were 7.4% more homes for sale than in May 2022. In June 2022 median list price was $648,590 and the average listing age was 23 days. Real estate listing prices changed between May 2022 and June 2022: prices of 1 bedroom properties increased by 44.5%, 2 bedrooms properties became 37.2% more expensive, prices of 3 bedrooms properties went up by 40.1%, 4 bedrooms properties prices increased by 28%, 5 bedrooms properties prices increased by 35.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 9.8%, 2 bedrooms homes became 1.8% more available, 3 bedrooms homes inventory increased by 14.8%, volume of 4 bedrooms homes went up by 15.3%, the quantity of 5 bedrooms homes went up by 8.1%. While more than 12 listings in Miramar Beach, FL in June 2022 were sold above asking price, there were more than 24 listings sold at asking price, and more than 41 were sold below.

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