One of our key focus areas for Families
Santa Rosa Beach, FL Housing Market Trends
The housing market in Santa Rosa Beach is currently experiencing a slowdown and is less competitive compared to other regions. Last month, the median home sale price stood at $975K, reflecting a 6.3% decrease from the previous year. Additionally, the median price per square foot dropped to $535, marking an 8.8% decline year-over-year. These trends suggest a cooling in the market, offering potential buyers more opportunities for negotiation. While prices remain relatively high, the recent downward shift may signal a more favorable environment for those looking to invest or purchase in this sought-after beach community.
The Santa Rosa Beach housing market is relatively slow-paced and not highly competitive. On average, homes remain on the market for about 123 days, with multiple offers being a rare occurrence. Most properties sell for approximately 5% below the listing price, reflecting a buyer-friendly environment. In the case of more desirable "hot homes," the sales process is slightly quicker, with these properties going under contract in around 52 days and typically selling for about 1% below list price. This market offers buyers the opportunity to take their time and negotiate better deals.
Whether you're just starting your home search or ready to make a move, we're here to help you every step of the way. Our team has in-depth knowledge of the Watercolor market and can provide valuable insights to match you with the perfect home. Have questions? Reach out to us for more information or to schedule a personalized consultation—we're always happy to assist!
At Jabbour Luxury Group, our Watercolor real estate team believes in candor and meaningful conversations. We understand that successful partnerships are built on knowing, liking, and trusting each other. Our goal is to cultivate relationships that provide mutual value, aligning with who we are and why we do what we do. We are dedicated to helping our clients achieve their life-affirming real estate goals in Watercolor.
