Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10
Latest posts by Amanda Byford (see all)
According to data from Realtor.com in Okaloosa County, compared to last year July this year the median sales price for a single-family home increased 11.5% at $320,000.
The number of homes sold dropped by 1.8% from a year ago.
County-wide during the month of July, only a total of 484 houses were sold, which was 493 single-family homes a year back.
Condominiums and townhomes sold around that period had a median sales price of $280,000, which is the same as in 2020.
During July the median sales price for a single-family home in Walton County was $530,000.
That’s an increase of 27.7% since a year earlier.
Compared to 2020 the number of houses sold dropped by 18.4%.
In 2020 478 single-family homes were sold this July the total is 390 houses sold county-wide.
The top 10% of the properties sold in Okaloosa County, had prices of at least $635,000, which is 3.2% more than last year.
In July, a total of 18 properties sold for $1 million and more.
In Walton County, the top 10% of the properties sold had prices of at least $1.725 million, again more by 35.3% compared to 2020.
In July, a total of 132 properties sold for $1 million and more.
In this report, instead of the average home sale price, the median home sale price is used as experts find the median offers to be a more accurate view of the market condition.
Reference Source: NWF Daily News
© All Right Reserved. 2022 | Compare Closing LLC | NMLS 1854416