Fort Walton Beach Market Insights – March 2025
Fort Walton Beach's real estate market is experiencing a mixed trend:
Median Sale Price: $395,000 in February 2025, up 9.7% from the previous year. Redfin
Days on Market: Homes are now averaging 126 days before sale, a significant increase from 51 days last year. Redfin
Sales Volume: 27 homes sold in February 2025, a decrease from 32 the previous year. Redfin
While prices are rising, the extended time on market and reduced sales volume suggest a cooling trend, possibly due to affordability concerns or increased inventory.
Fort Walton Beach: Despite rising prices, the slowdown in sales and longer time on market indicate a shift towards a buyer's market. Sellers may need to be more flexible with pricing and negotiations.