The median gross sales value for a single-family residence offered in Okaloosa County throughout June was $360,000. That is a rise of 19.9% in contrast with June 2021, in accordance with a USA TODAY Community localized evaluation generated with information from Realtor.com.
On a year-over-year foundation, costs have been rising for 32 consecutive months. June costs are down from $370,000 the earlier month.
The variety of homes offered fell by 21.4% from a yr earlier. A complete of 426 homes had been offered countywide throughout June. Throughout the identical interval a yr earlier, 542 single-family properties had been offered.
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Walton County’s median gross sales value for a single-family residence was $542,500, up 8.7% from a yr earlier. Costs have been rising for 9 consecutive months on a year-over-year foundation. Some 293 homes had been offered in June, down 31.7% from a yr earlier.
Actual property gross sales can take weeks or months to be recorded and picked up. That is the most recent information made obtainable by Realtor.com to the USA TODAY Community.
Okaloosa County condominiums and townhomes offered in June had a median gross sales value of $340,000. That determine represents a 19.3% enhance yr over yr. Some 159 had been offered, down 25.7% from a yr earlier.
How sizzling is Okaloosa County’s actual property market in Florida?
Info in your native housing markets is accessible by the USA TODAY Community, with extra information from Realtor.com.
In Okaloosa County the highest 10% of the properties offered for at the least $775,000, up 12.7% from a yr earlier than.
In June, 34 properties offered for at the least $1 million, consisting of 25 single-family properties and 9 condominiums or townhomes.
In Walton County the highest 10% of the properties offered for at the least $1,800,000, up 5.9% from a yr earlier than.
Florida’s median single-family residence gross sales value was $417,791 in June, up 21.4% from a yr earlier. The state reported 26,687 single-family properties offered, down 22% from a yr earlier.
The median residence sale value — the halfway level of all the homes or models offered over a time frame — is used on this report as an alternative of the common residence sale value as a result of consultants say the median gives a extra correct view of what is taking place in a market. To find the common value, all costs of properties offered are added after which divided by the variety of properties offered. This measure could be skewed by one low or excessive value.
The USA TODAY Community is publishing localized variations of this story on its information websites throughout the nation, generated with information from Realtor.com. Localized variations are generated for communities the place the information high quality and transaction quantity meets Realtor.com and USA TODAY Community requirements. The story was written by Sean Lahman.
This text initially appeared on Northwest Florida Each day Information: Okaloosa County’s common residence offered in June 2022 for $360,000