Fort Walton Beach Real Estate Market Report - Okaloosa County, Florida
Fort Walton Beach, Florida - Okaloosa County
| Market Commentary Provided by Herm Vanderheyden This is a great time to buy. There is a great selection and interest rates are low. Many sellers are very motivated. Higher taxes and insurance have been a factor contributing to the reduction of home prices, however, there is much pressure to work on reducing both. It appears that now is the time to take advantage of the inevitable change before it happens. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Herm Vanderheyden
Keller Williams Pensacola Gulf Breeze, Florida 850-207-2626 herm@kw.com Agent Home Page  |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $225,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 15-20% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Fort Walton Beach is | |||||
| Seller Activity for the past 90 days in Fort Walton Beach is | |||||
| Is Financing Available For Qualified Buyers in Fort Walton Beach? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | |||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $225,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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