Is Walton Beaches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Walton Beaches was a Seller's Market.
Housing Prices in Walton Beaches, FL
How much do homes in Walton Beaches, FL cost?
Median Sold Price
$972,935
$545/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Walton Beaches was $972,935 in March 2024, up 4.5% from last year, and the median price per square foot was $545.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $439.5K | $430K | -2.2% |
2 Bedrooms | $608K | $622K | +2.3% |
3 Bedrooms | $834.3K | $830.9K | -0.4% |
4 Bedrooms | $1.3M | $1.4M | +6.8% |
5+ Bedrooms | $2.7M | $2.6M | -5.2% |
Summary: Walton Beaches housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
Santa Rosa Beach | $901.9K | $970.2K | +7.6% |
Walton Beaches | $931.1K | $972.9K | +4.5% |
Miramar Beach | $722K | $725.5K | 0.5% |
Panama City Beaches | $469.2K | $470.1K | 0.2% |
Housing Supply in Walton Beaches, FL
How many homes are available in Walton Beaches, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,851 | 2,157 | +16.5% |
Summary: The Walton Beaches real estate market had 2,157 homes for sale in March 2024, a 16.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 113 | 124 | +9.7% |
2 Bedrooms | 270 | 323 | +19.6% |
3 Bedrooms | 563 | 654 | +16.2% |
4 Bedrooms | 525 | 598 | +13.9% |
5+ Bedrooms | 380 | 458 | +20.5% |
Summary: The Walton Beaches housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
142 | 160 | +12.7% |
Asking Price vs. Sold Price
132 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 160 homes were sold or pending in Walton Beaches in March 2024, up by 12.7% month-over-month. Of the 160 sold homes, 83% were sold under asking, 13% were sold at asking, and 5% were sold over asking.
Days on Market for Walton Beaches, FL
How long does it take to sell a home in Walton Beaches, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 86 Days | +18.4% |
Summary: Homes in Walton Beaches had an average of 86 days on market in Mar 2024, up by 18.4% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During March 2024, 160 homes were sold in Walton Beaches; 38% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.