$5,225 Closing Credit*
$439,999
1,766 SqFt
2 Beds
•2 Full Baths
Olivia A Wolff, Listing Office: Keller Williams Realty FWB
Is Shalimar, 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, Shalimar was a Buyer's Market.
Key Takeaway
Shalimar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shalimar, FL
How much do homes in Shalimar, FL cost?
Median Sold Price
$394,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,500(-4.9%)
Key Takeaway
Homes in Shalimar have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Shalimar was $394,500 in October 2024, down 4.9% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.5K | $167.5K | -11.1% |
| 2 Bedrooms | $233.5K | $233.5K | 0.0% |
| 3 Bedrooms | $360.5K | $355K | -1.5% |
| 4 Bedrooms | $478.9K | $499.9K | +4.4% |
| 5+ Bedrooms | $609K | $553K | -9.2% |
Summary: Shalimar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 9.2%.
Housing Supply in Shalimar, FL
How many homes are available in Shalimar, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 85 | +13.3% |
Summary: The Shalimar real estate market had 85 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 23 | 28 | +21.7% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Shalimar housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shalimar, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Shalimar in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Shalimar, FL
How long does it take to sell a home in Shalimar, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 60 Days | +23.6% |
Summary: Homes in Shalimar had an average of 60 days on market in Oct 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shalimar are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Shalimar; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.