https://www.narrpr.com/market-trends/20012131

SINGLE FAMILY MARKET TRENDS FOR FEBRUARY/2024

Walton Co Market is currently Balanced Market. With properties staying longer on the maret, the buyers have the opportunity to preview more homes before making a final decision as well as negotiate price and other terms of their offer.

MONTHS OF INVENTORY

Walton Co currently has 6.43 Months of Inventory, which is 4.4% more than January and 31.2 % more since this time last year.

List to Sold Price at 96.5%  and 77 to 80 Days on the market.

MEDIAN ESTIMATED PROPERTY VALUE

Median property value is at $802,450 or – 1.1% lower than previous month but overall 0.2% up since Feb/2023

ACTIVE LISTINGS

1.526 Homes are Active for sale. Median Price per SF is $557 which shows 4.4% higher than Feb/2023

PENDING LISTINGS

389 Homes are Under Contract or 81% Up since Feb/2023.

SOLD

192 Homes Sold at $342 per SF which is 8.6% lower than the price per SF last Feb/2023

If you are considering selling or buying real estate in Walton, Okaloosa, Bay or Santa Rosa County I’d be happy to share the information you need to make the educated decision. Call today!

Iva Pearce (850) 502-6016

Pearce Realty Group

IvaPearce.Com