$10,000 Closing Credit*
$1,450,000
1,315 SqFt
3 Beds
•2 Full Baths
Laurance B Davis, Dana Jusselin, Listing Office: Davis Properties Of Nw Fl
Is Santa Rosa Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Santa Rosa Beach has remained a Buyer's Market.
Key Takeaway
Santa Rosa Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Santa Rosa Beach, FL
How much do homes in Santa Rosa Beach, FL cost?
Median Sold Price
$954,431
$515/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,877(+6.1%)
Key Takeaway
Homes in Santa Rosa Beach have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Santa Rosa Beach was $954,431 in November 2024, up 6.1% from last year, and the median price per square foot was $515.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $642.5K | $650K | +1.2% |
| 2 Bedrooms | $620K | $599K | -3.4% |
| 3 Bedrooms | $690K | $730K | +5.8% |
| 4 Bedrooms | $1.3M | $1.2M | -6.3% |
| 5+ Bedrooms | $2.2M | $2.7M | +21.5% |
Summary: Santa Rosa Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
| Walton Beaches | $948K | $1.0M | +10.1% |
| Santa Rosa Beach | $899.5K | $954.4K | +6.1% |
| Miramar Beach | $731K | $757K | +3.5% |
Housing Supply in Santa Rosa Beach, FL
How many homes are available in Santa Rosa Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 912 | 983 | +7.8% |
Summary: The Santa Rosa Beach real estate market had 983 homes for sale in November 2024, a 7.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 43 | 48 | +11.6% |
| 2 Bedrooms | 105 | 112 | +6.7% |
| 3 Bedrooms | 269 | 279 | +3.7% |
| 4 Bedrooms | 280 | 305 | +8.9% |
| 5+ Bedrooms | 215 | 239 | +11.2% |
Summary: The Santa Rosa Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 11.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 68 | +15.3% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Santa Rosa Beach, you may be able to get a good deal. 89.7% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in Santa Rosa Beach in November 2024, up by 15.3% month-over-month. Of the 68 sold homes, 90% were sold under asking, 9% were sold at asking, and 1% were sold over asking.
Days on Market for Santa Rosa Beach, FL
How long does it take to sell a home in Santa Rosa Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 115 Days | +48.5% |
Summary: Homes in Santa Rosa Beach had an average of 115 days on market in Nov 2024, up by 48.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Santa Rosa Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 68 homes were sold in Santa Rosa Beach; 19% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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