š”Whatās Really Happening in Real Estate?
Navarre, Florida - May 2025
The April numbers are ināand while the headlines might seem calm, the story behind the stats is where things get interesting. Whether you’re a Navarre homeowner, a relocation buyer moving for orders, or just wondering if nowās the right time to list your beach house, hereās what you need to know.
šæ A More Balanced Market (And Why Thatās Good News)
For buyers, this shift is great news. With more inventory to choose from and a little less competition, youāve got a better shot at finding the right home without the bidding wars we saw in recent years. You may be able to negotiate better terms, ask for repairs, or even snag a home below askingāespecially if it’s been sitting on the market for a while.
For sellers, the message is clear: price smartly and act fast. Well-prepped, well-priced homes are still moving quicklyāespecially in the $400Kā$700K range. But those that miss the mark on price? They’re sitting longer and seeing more price cuts. And the longer a home sits, the more negotiating power buyers gain.
A Balanced Market is defined as having between 3 and 6 months worth of inventory.
Mainland Navarre: 3.74 Months of Inventory
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Navarre Beach
Across Navarre Beach, 11 homes sold in April. At first glance, the median sold price jumped to $1.12M (up from $866K in March). But donāt let that fool youāthis was driven by a handful of high-end closings.
Other trends tell a more balanced story:
Average days on market: 143 (longer than mainland)
Sold price per sq ft: $620 (up from $553)
Sellers averaged a 4.38% price reduction
š That means while luxury sales bumped the price metrics, the underlying trends still show a market where pricing and patience go hand in hand.
The Technical Stuff: (For Those Who Want the Details)
Navarre Beach
- 122 Active Listings
- 11 Homes Sold
- Median Sold Price: $1.12M
- Average DOM: 143
- Sold-to-List Price Ratio: 94.69%
- Price Per Sq Ft: $620
- Price Reductions Averaged: -4.38%
Mainland Navarre
- 233 Active Listings
- 62 Homes Sold
- Median Sold Price: $398,950
- Average DOM: 49
- Sold-to-List Price Ratio: 97.79%
- Price Per Sq Ft: $213
- 59% of homes sold within 30 days
Navarre
Over on the other side of the bridge, homes are moving faster and selling closer to asking price.
Average days on market: 49 homes are moving faster.
Sold price per sq ft: remains steady at $211.
Sellers averaged almost 98% of their original list price!
š This isnāt a fast-moving frenzyābut itās not a standstill either, despite the number of homes that are just sitting. Instead, weāre seeing a much moreĀ Ā balanced market than in past years:
āļø Inventory is giving buyers more breathing room
āļø Sellers who price strategically are still seeing success
Buyers today are shopping based on affordability, not pandemic-era pricing expectations.ā
If you are considering buying a home this year then take a minute to download the
Ultimate Homebuyer’s GuidebookĀ
š What This Means for You
For buyers, this shift is great news. With more inventory to choose from and less intense competition, now could be the perfect time to get into the market. The more balanced environment allows buyers to negotiate better terms, ask for contingencies, and perhaps even secure a home at a lower price than during a seller’s market.
For sellers, the message is clear: price smartly and act fast. If you price your home correctly from the start, you could see your property move quickly and for top dollar. Remember, homes that sold in under 30 days were able to secure almost 99% of the asking priceāso pricing is key.
Ready to Make a Move?
With PCS season in full swing and beach season right behind it, May is one of the best times to buy or sell in Navarre. Want to strategize around your goals?
š Download my free guide:
āSell It Fast ā Your 30-Day Home Prep Planā
Or letās hop on a quick strategy sessionāno pressure, just honest insight.
Poll:
Are you planning to buy a home in Navarre in the next six to eight months? Weād love to hear from you!
Whatās most important to you as you search for your dream home? Is it finding the perfect location, staying within your budget, or scoring those must-have features like a pool or a big backyard?
And what concerns are on your mind? Are interest rates or affordability a challenge, or are you focused on choosing the right neighborhood for your lifestyle?Ā
Share your thoughts belowāyour input is completely anonymous and helps us understand what matters most to Navarre buyers like you.
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