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Santa Rosa County • February 4, 2025

Santa Rosa County Q4 2024 Real Estate Market Trends

by Timothy Bates
Santa Rosa County, Florida – Single-Family Homes Traditional Sales (Q4 2024). The infographic presents key real estate market statistics: Active Inventory at 1,238 homes (up 30% YoY), Closed Sales at 946 (up 31% YoY), Average Sale Price at $413,125 (up 4.2% YoY), Median Percentage of Original List Price Received at 96.8% (down from 97.0% YoY), Median Time from Listing to Sale at 106 days (up from 81 days YoY), and Months Supply of Inventory at 3.8 months (up from 3.1 months YoY). The bottom section features Timothy M. Bates’ contact details with Coldwell Banker Realty, including office address, phone numbers, email, and company logo. Powered by Florida Realtors®.

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Timothy Bates

Florida Realtors Sunstats Infographic by Timothy Bates showing a Santa Rosa County Q4 2024 Real Estate Market Update
Florida Realtors Sunstats Infographic: Santa Rosa County

The Numbers

     The latest Northwest Florida housing market stats from Florida Realtors HQ are in! During Q4 2024, here’s what happened with traditional, single-family home
sales around Santa Rosa County, Florida.

     The real estate market is constantly evolving, and understanding the latest trends can help you make informed decisions—whether you’re looking to buy or sell in Santa Rosa County.

  • Active
    Inventory:     1,238 homes (+30% YoY)
  • Closed Sales: 946 homes (+31% YoY)
  • Average Sale Price: $413,125 (+4.2% YoY)
  • Median % of List Price Received: 96.8% (slightly down from 97% last
    year)
  • Median Time on Market: 106 days (up from 81 days last year)
  • Months Supply of Inventory: 3.8 months (up from 3.1 months last year)

Beyond the Numbers

     With increased inventory and steady demand, the market is shifting. Buyers have more room to negotiate, but sellers still hold strong pricing power. Let’s break down what this means for you.

Buyers

  • Increased home inventory means more options and some financial leverage over sellers.
  • Homes are still selling close to the list price, so having a strategic plan is key. 
  • Santa Rosa County absorbs thousands of new residents yearly, increasing the buyer pool.

Sellers

  • Home prices remain strong, but homes take longer to sell. 
  • A realistic asking price and a REALTOR® with strong marketing skills are more critical than ever.
  • Combine the increased marketing timeline with your motivation to sell into your flexibility.

     Curious about how these housing market trends impact your next move? Let’s chat. Whether you’re buying, selling, or just exploring options in Santa Rosa County, I’m happy to provide insights specific to your goals—no obligation.

     If you’d like specific city or neighborhood market information, please contact me using the information below.

 

Data Speaks, Insight Listens—Discover the Whole Story


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Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2025 Coldwel Banker. Al Rights Reserved. Coldwel Banker and the Coldwel Banker logo are trademarks of Coldwel Banker Real Estate LLC. The Coldwel Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwel Banker System fuly supports the principles of the Fair Housing Act and the Equal Opportunity Act.

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