Dan Johnson - Luxury Homes Market Report

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SOUTH WALTON FLORIDA

LUXURY INVENTORY VS. SALES | SEPTEMBER 2024

Buyer's Market

$5,800,000+

$5,200,000 - $5,799,999

$4,600,000 - $5,199,999

$4,000,000 - $4,599,999

$3,500,000 - $3,999,999

$3,100,000 - $3,499,999

$2,700,000 - $3,099,999

$2,400,000

$1,700,000 - $1,899,999

$1,600,000 - $1,699,999

$1,500,000 - $1,599,999

$1,400,000 - $1,499,999

$1,300,000 - $1,399,999

SOUTH

13 - MONTH LUXURY MARKET TREND 4

MEDIAN DATA REVIEW | SEPTEMBER

PRICE VARIANCE: 10 % 42 46 DAYS ON MARKET VARIANCE: 0 % 95.22% 95.39% SALE TO LIST PRICE RATIO

$2.54m

SOUTH WALTON MARKET SUMMARY | SEPTEMBER 2024

• The single-family luxury market is a Buyer's Market with a 6% Sales Ratio.

• Homes sold for a median of 95.39% of list price in September 2024.

• The most active price band is $5,200,000-$5,799,999, where the sales ratio is 17%

• The median luxury sales price for single-family homes is $2,537,500.

• The median days on market for September 2024 was 46 days, up from 42 in September 2023.

SOUTH WALTON ATTACHED

LUXURY INVENTORY VS. SALES | SEPTEMBER

$3,300,000

$3,000,000

$1,100,000

$1,000,000

Luxury Benchmark Price 1: $865,000

13 - MONTH LUXURY MARKET TREND 4

Median Sales Price Inventory

Solds

MEDIAN DATA REVIEW | SEPTEMBER

• The attached luxury market is a Buyer's Market with a 6% Sales Ratio.

• Homes sold for a median of 95.87% of list price in September 2024.

• The most active price band is $1,400,000-$1,599,999, where the sales ratio is 23%

• The median luxury sales price for attached homes is $1,262,500.

• The median days on market for September 2024 was 49 days, down from 54 in September 2023.

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