Santa Rosa Beach property search MLS listings offer a diverse range of homes with median listing prices around $1 million. The market includes single-family homes and condos, with square footage varying from 2,000 to over 7,000 sq ft. Recent trends show price fluctuations, increased inventory, and longer days on market. Buyers face challenges like extended selling times, but may have more negotiating power in the current market conditions.
What Are the Current Santa Rosa Beach Property Search MLS Listings Statistics?
The Santa Rosa Beach property market presents a dynamic landscape for potential buyers and sellers. Let’s delve into the current statistics:
Median Listing Prices
- Sold homes (last 30 days): $964,500
- New listings: $999,000
- Active listings: $1,174,556
As of October 2024, the median home sold price was $952,905, indicating a slight decrease from the active listing prices.
Property Sizes and Types
The Santa Rosa Beach MLS listings showcase a wide range of property sizes:
| Property Type | Square Footage Range |
|---|---|
| Sold Listings | 2,112 – 5,086 sq ft |
| New Listings | 2,236 – 7,812 sq ft |
The market primarily consists of:
– Single-family homes
– Condos
– Various residential properties
Recent listings feature homes with:
– 4-8 bedrooms
– 2-8 bathrooms
How Have Santa Rosa Beach Real Estate Listings Trends Changed Over the Past Year?
Price Fluctuations
The Santa Rosa Beach property market has experienced notable changes over the past year:
- Overall median home sold price increased by 4.2% to $952,905
- Price changes varied by bedroom count:
- 1-bedroom homes: +2.8%
- 2-bedroom homes: -4.8%
- 3-bedroom homes: +8.2%
- 4-bedroom homes: -3.1%
- 5+ bedroom homes: +19.6%
However, Zillow reports a 3.8% decrease in average home values over the past year, indicating some market volatility.
Inventory Levels
The Santa Rosa Beach property search MLS listings show an increase in available homes:
- 5.3% increase from September to October 2024
- 977 homes available in October 2024
Inventory increases by bedroom type:
– 1-bedroom homes: +4.8%
– 2-bedroom homes: +5%
– 3-bedroom homes: +4%
– 4-bedroom homes: +6%
– 5+ bedroom homes: +6.3%
Days on Market
The average time homes spend on the market has significantly increased:
- October 2024: 136 days (64.4% increase from previous year)
- Active listings median: 107 days
This extended time on market suggests a shift towards a buyer’s market, potentially offering more negotiating power to prospective purchasers.
What Specific Amenities and Facilities Are Associated with Santa Rosa Beach Homes?
Santa Rosa Beach properties often come with attractive amenities that enhance their appeal:
- Beach Proximity: Many homes offer easy access to the beautiful beaches of the Emerald Coast.
- Parks and Local Attractions: Properties are often situated near parks and popular local attractions.
- Community Features: While specific details vary, many homes may include:
- Private parking
- Community pools
- Access to clubhouses
- Other shared facilities
These amenities contribute significantly to the quality of life and property desirability in Santa Rosa Beach.
What Are the Current Santa Rosa Beach Market Trends?
Buyer Demographics
The Santa Rosa Beach property market attracts a diverse range of buyers:
- Families seeking primary residences
- Retirees looking for a peaceful coastal lifestyle
- Second-home buyers interested in vacation properties
The appeal of the Emerald Coast, with its stunning beaches and recreational activities, continues to draw interest from various demographic groups.
Seasonal Variations in Property Sales
The Santa Rosa Beach real estate market exhibits seasonal patterns:
- Peak activity during summer months
- Coincides with high tourism season
- Can lead to fluctuations in sales activity and pricing throughout the year
Notable Challenges for Buyers
Prospective buyers in the Santa Rosa Beach market face several challenges:
- Increasing Days on Market: The average time to sell has risen to 136 days, which can affect decision-making processes.
- Price Negotiations: 83% of homes sold under asking price, indicating potential for negotiations but also market uncertainty.
- Market Volatility: With some price increases and others decreases, buyers must carefully analyze trends for their specific property type of interest.
How Can Buyers Navigate the Santa Rosa Beach Property Search MLS Listings?
To effectively navigate the Santa Rosa Beach property search MLS listings, consider the following tips:
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Work with a Local Real Estate Agent: They can provide invaluable insights into the local market trends and help interpret MLS data.
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Define Your Priorities:
- Determine your must-have features
- Set a realistic budget based on current market prices
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Consider your long-term plans for the property
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Stay Informed:
- Regularly check MLS listings for new properties
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Monitor price changes and days on market for properties of interest
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Be Prepared to Negotiate: With many homes selling below asking price, be ready to make informed offers based on market data.
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Consider Seasonal Timing: If possible, time your search during off-peak seasons for potentially better deals.
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Conduct Thorough Due Diligence:
- Research neighborhood amenities
- Check for any planned developments in the area
- Review property history and any potential issues
By following these strategies, buyers can make the most of the current market conditions in Santa Rosa Beach and find properties that meet their needs and budget.