Is Navarre, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Navarre has remained a Seller's Market.
Housing Prices in Navarre, FL
How much do homes in Navarre, FL cost?
Median Sold Price
$395,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Navarre was $395,000 in February 2024, down 0.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $260K | $249K | -4.2% |
3 Bedrooms | $350K | $355K | +1.4% |
4 Bedrooms | $463K | $457K | -1.3% |
5+ Bedrooms | $572.5K | $610K | +6.6% |
Summary: Navarre housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
Holley | $395K | $440K | +11.4% |
Navarre | $395.5K | $395K | -0.1% |
Housing Supply in Navarre, FL
How many homes are available in Navarre, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
137 | 171 | +24.8% |
Summary: The Navarre real estate market had 171 homes for sale in February 2024, a 24.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 63 | 78 | +23.8% |
4 Bedrooms | 64 | 79 | +23.4% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Navarre housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 29 | +45.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Navarre in February 2024, up by 45.0% month-over-month. Of the 29 sold homes, 52% were sold under asking, 17% were sold at asking, and 31% were sold over asking.
Days on Market for Navarre, FL
How long does it take to sell a home in Navarre, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 40 Days | -5.6% |
Summary: Homes in Navarre had an average of 40 days on market in Feb 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 29 homes were sold in Navarre; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.