Market report for the last 32 days for Kenwood: Fort Walton Beach, FL 32547
Kenwood Real Estate Market Overview
The provided real estate data for Kenwood reveals a dynamic market with insights into active, pending, and sold properties.
Active Listings:
Kenwood currently has 22 active property listings, with an average size of 2,047 square feet.
These active listings have an average price per square foot of $207.96.
The average listing price for these properties is $427,677, with prices ranging from $169,000 to $769,000.
Properties are staying on the market for an average of 117 days before going under contract.
Pending Sales:
There are 8 properties currently pending sale in Kenwood.
The average size of these pending properties is slightly smaller than active listings, at 1,947 square feet.
The average price per square foot for pending sales is $195.60.
These pending properties have an average list price of $376,763, ranging from $199,900 to $445,000.
Pending properties typically go under contract in 94 days.
Recent Sales:
Seven properties have recently been sold in Kenwood.
The average size of these sold properties is 2,025 square feet.
Sold properties achieved an average price per square foot of $228.33.
The average sale price for these properties was $463,971, with a range from $300,000 to $599,000.
Sold properties spent an average of 27 days on the market.
Overall Market Trends:
Combining active, pending, and sold data, a total of 37 properties were analyzed.
The overall average size of properties in Kenwood is 2,021 square feet.
The average price per square foot across all property types is $209.14.
The average list price is $423,535, while the average sold price is $462,571.
Properties in Kenwood generally take an average of 96 days to sell.
Conclusion:
Based on the provided data, the Kenwood real estate market appears to be active, with a consistent flow of properties being listed, going under contract, and ultimately selling. The data suggests a slight premium on sold properties compared to list prices, indicating potential seller's market conditions. However, the average days on market for active listings being higher than pending and sold properties could also imply a balanced market or a slight shift towards a buyer's market.
