Navarre Real Estate Market Conditions & Reports, Navarre Market Trends, Florida

Market Commentary Provided by Martha Franklin and Wendy Larsen
Market is currently saturated with over 700 properties in the Navarre area.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Martha Franklin and Wendy Larsen
Franklin Properties, Inc.
Navarre, Florida
850-217-2315
martha@franklinpropertiesinc.com
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Nearest Metro Area

Pensacola, FL

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$245,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 10-15%

Prices As % of Asking Price

85-90%

Multiple Offers?

Greatest Activity

First time buyers

Buyer Activity for the past 90 days in Navarre is

Seller Activity for the past 90 days in Navarre is

Is Financing Available For Qualified Buyers in Navarre?

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

Affordable housing below $200,000 has currently been the only hot property.

Reason to Buy/Sell

Other

Average Sold Price

$245,000 - 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.

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