$4,869 Closing Credit*
$410,000
1,878 SqFt
4 Beds
•2 Full Baths
Blue Wave Group, Tammy Philpot, Listing Office: Coldwell Banker Realty
Is Navarre, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Navarre was a Seller's Market.
Key Takeaway
Navarre 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 Navarre, FL
How much do homes in Navarre, FL cost?
Median Sold Price
$415,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,600(+4.4%)
Key Takeaway
Homes in Navarre have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Navarre was $415,000 in October 2024, up 4.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $220K | +4.8% |
| 2 Bedrooms | $249K | $269.9K | +8.4% |
| 3 Bedrooms | $355K | $359.9K | +1.4% |
| 4 Bedrooms | $456.2K | $475.7K | +4.3% |
| 5+ Bedrooms | $620K | $600K | -3.2% |
Summary: Navarre housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Navarre | $397.4K | $415K | +4.4% |
| Holley | $425K | $412.5K | -2.9% |
Housing Supply in Navarre, FL
How many homes are available in Navarre, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 330 | 349 | +5.8% |
Summary: The Navarre real estate market had 349 homes for sale in October 2024, a 5.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 159 | 167 | +5.0% |
| 4 Bedrooms | 154 | 165 | +7.1% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Navarre housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 54 | +5.9% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Navarre, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Navarre in October 2024, up by 5.9% month-over-month. Of the 53 sold homes, 64% were sold under asking, 15% were sold at asking, and 21% were sold over asking.
Days on Market for Navarre, FL
How long does it take to sell a home in Navarre, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 51 Days | +66.4% |
Summary: Homes in Navarre had an average of 51 days on market in Oct 2024, up by 66.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Navarre are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 54 homes were sold in Navarre; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
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