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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Navarre Beach is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Navarre Beach was a Seller's Market.

Key Takeaway

Navarre Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Navarre Beach, FL cost?

Median Sold Price

$756,250

$494/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$71,250(+10.4%)

Key Takeaway

Homes in Navarre Beach have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $287K$330K
+15.0%
2 $512.5K$657.5K
+28.3%
3 $750K$875K
+16.7%
4 $840K$1.0M
+25.0%
5+ $1.1M$2.1M
+89.1%

Median Sold Price Compared To Nearby Cities

Holley-Navarre
+18.5%
Gulf Breeze
+17.4%
Navarre Beach
+10.4%

How many homes are available in Navarre Beach, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
39390.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 33
0.0%
2 810
+25.0%
3 1110
-9.1%
4 109
-10.0%
5+ 77
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Navarre Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
22 Days11 Days-52.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Navarre 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 Navarre Beach, FL

Number of homes for sale in Navarre Beach, FL real estate market have reached 39. While the average time on the market in September 2022 was 11 days, the median list price was $756,250. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties prices increased by 15%, the cost of 2 bedrooms properties went up by 28.3%, prices of 3 bedrooms properties increased by 16.7%, prices of 4 bedrooms properties went up by 25%, prices of 5 bedrooms properties went up by 89.1%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 25%, the quantity of 3 bedrooms homes went down by 9.1%, 4 bedrooms homes inventory decreased by 10%, number of 5 bedrooms homes remained the same. While more than 0 listings in Navarre Beach, FL in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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