Is Mary Esther, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mary Esther was a Seller's Market.
Housing Prices in Mary Esther, FL
How much do homes in Mary Esther, FL cost?
Median Sold Price
$335,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mary Esther was $335,000 in May 2024, up 1.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $170K | +9.7% |
2 Bedrooms | $218.5K | $235K | +7.6% |
3 Bedrooms | $320K | $325K | +1.6% |
4 Bedrooms | $390K | $423K | +8.5% |
5+ Bedrooms | $600K | $700K | +16.7% |
Summary: Mary Esther housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Cities
Fort Walton Beach | $340K | $345.9K | +1.8% |
Mary Esther | $330K | $335K | +1.5% |
Housing Supply in Mary Esther, FL
How many homes are available in Mary Esther, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 108 | +8.0% |
Summary: The Mary Esther real estate market had 108 homes for sale in May 2024, a 8.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 51 | 59 | +15.7% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Mary Esther housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Mary Esther in May 2024, the same as the previous month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Mary Esther, FL
How long does it take to sell a home in Mary Esther, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 41 Days | +92.8% |
Summary: Homes in Mary Esther had an average of 41 days on market in May 2024, up by 92.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Mary Esther; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.