July 2022 real estate market report for 30A Florida?

The great news is that homes are still continuing to sell with 154 homes closed from Miramar to Rosemary!  Change is still in the air though, so July's numbers have the 30A area in the balanced market area based on inventory on hand and absorption rate.  Now, for those who have seen nothing other than a white-hot seller's market, they'll be quick to skip over the "balanced market" status and jump right to "buyer's market" status, but there is a distinct difference.   Right now, the market is still in the balanced area which is still a healthy place to be for both buyers and sellers.  Even with the market's shift, the average sales price still took a healthy increase of 10%, as well as the average list price of an increase of nearly 19%.

JULY 2022

  • Average sales price:  $1,550,483 (+10%)
  • Average list price:  $2,436,011 (+18.7%)
  • Properties sold:  154 (-40.8%)
  • Active listings:  810 (+52.3%)
  • Median days on market:  14 (+55.5%)
  • Average days on market:  34 (+21.4%)
  • Absorption rate:  2.99 months (+91.7%)  length of time to sell all inventory if no new listings were added

Top 3 HIGHEST PRICED HOME TO SELL:  

  • $8,400,000 in Alys Beach
  • $7,000,000 in Inlet Beach
  • $6,335,000 in Santa Rosa Beach

(area includes Miramar Beach to Rosemary Beach)

30A Florida market report July 2022

Posted by Shaun Larson on

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