$3,859 Closing Credit*
$325,000
1,334 SqFt
2 Beds
•2 Full Baths
Julia B Holmes, Listing Office: Rob Brooks Realty
Is Shalimar, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Shalimar was a Seller's Market.
Key Takeaway
Shalimar is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shalimar, FL
How much do homes in Shalimar, FL cost?
Median Sold Price
$389,950
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$1,050(-0.3%)
Key Takeaway
The sold price of homes in Shalimar has remained the same since last year.
Summary: The median home sold price in Shalimar was $389,950 in September 2024, down 0.3% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.5K | $167.5K | -11.1% |
| 2 Bedrooms | $233.5K | $231K | -1.1% |
| 3 Bedrooms | $346K | $352.5K | +1.9% |
| 4 Bedrooms | $480K | $499K | +4.0% |
| 5+ Bedrooms | $589.8K | $569K | -3.5% |
Summary: Shalimar housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in Shalimar, FL
How many homes are available in Shalimar, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 75 | 76 | +1.3% |
Summary: The Shalimar real estate market had 76 homes for sale in September 2024, a 1.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 28 | 28 | 0.0% |
| 4 Bedrooms | 23 | 27 | +17.4% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Shalimar housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shalimar, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Shalimar in September 2024, down by 38.9% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Shalimar, FL
How long does it take to sell a home in Shalimar, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 32 Days | 55 Days | +68.3% |
Summary: Homes in Shalimar had an average of 55 days on market in Sep 2024, up by 68.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shalimar are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 11 homes were sold in Shalimar; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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