Is Navarre Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Navarre Beach was a Seller's Market.
Housing Prices in Navarre Beach, FL
How much do homes in Navarre Beach, FL cost?
Median Sold Price
$879,000
$588/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Navarre Beach was $879,000 in February 2024, up 15.3% from last year, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $380K | +8.6% |
2 Bedrooms | $585K | $570.5K | -2.5% |
3 Bedrooms | $880K | $1.0M | +14.2% |
4 Bedrooms | $1.4M | $1.9M | +37.1% |
5+ Bedrooms | $1.7M | $1.9M | +14.2% |
Summary: Navarre Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
Navarre Beach | $762.5K | $879K | +15.3% |
Gulf Breeze | $401.5K | $419.9K | +4.6% |
Holley-Navarre | $395.2K | $399.5K | +1.1% |
Housing Supply in Navarre Beach, FL
How many homes are available in Navarre Beach, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
54 | 61 | +13.0% |
Summary: The Navarre Beach real estate market had 61 homes for sale in February 2024, a 13.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 26 | 28 | +7.7% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Navarre Beach 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Navarre Beach in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Navarre Beach, FL
How long does it take to sell a home in Navarre Beach, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
33 Days | 3 Days | -91.1% |
Summary: Homes in Navarre Beach had an average of 3 days on market in Feb 2024, down by 91.1% compared to last year.
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
Summary: During February 2024, 1 homes were sold in Navarre Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.