Is Saint John Coalition, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint John Coalition is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Saint John Coalition was a Seller's Market.

Key Takeaway

Saint John Coalition is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saint John Coalition, FL

How much do homes in Saint John Coalition, FL cost?

Median Sold Price

$368,700

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$26,300(-6.7%)

Key Takeaway

Homes in Saint John Coalition have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Saint John Coalition was $368,700 in September 2024, down 6.7% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $118.8K$255K
+114.5%
2 $315K$285K
-9.5%
3 $395K$378.1K
-4.3%
4 $660K$529.9K
-19.7%
5+ $509K$611K
+20.0%

Summary: Saint John Coalition housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.5%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Neighborhoods

Downtown Pensacola
+17.2%
Sunny Ridge
+14.2%
Saint John Coalition
-6.7%
East Downtown Pensacola
-11.9%
Goulding
-16.6%

Housing Supply in Saint John Coalition, FL

How many homes are available in Saint John Coalition, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3841+7.9%

Summary: The Saint John Coalition real estate market had 41 homes for sale in September 2024, a 7.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 1311
-15.4%
3 1720
+17.6%
4 78
+14.3%
5+ 11
0.0%

Summary: The Saint John Coalition housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint John Coalition, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Saint John Coalition in September 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Saint John Coalition, FL

How long does it take to sell a home in Saint John Coalition, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
121 Days36 Days-70.0%

Summary: Homes in Saint John Coalition had an average of 36 days on market in Sep 2024, down by 70% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint John Coalition are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Saint John Coalition; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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