New Construction Market Update – Niceville (June 2025)
New construction is booming in Niceville — but not all listings are created equal. Here’s what the data tells us from the past 12 months:
Market Snapshot
- Total New Homes Sold: 88
- Currently Active: 40
- Pending Sales: 34
- Average Sold Price: $652,030
- Median Sold Price: $611,500
- Average Sq Ft: 2,321
- Average Price per Sq Ft: $283
- Average Days on Market: 80
Price Trends
- Average Price Adjustment: -$23,201 (-2.91%)
- Sold/List Price Ratio (avg): 99.91%
- Sold/Original List Ratio (avg): 99.45%
Time on Market Breakdown
| Days on Market | % of Sales | SP/LP Ratio | SP/Original List Ratio |
|---|---|---|---|
| 0–30 Days | 52.46% | 100.21% | 100.08% |
| 31–60 Days | 8.20% | 99.22% | 98.51% |
| 61–90 Days | 9.02% | 99.37% | 95.83% |
| 91–120 Days | 11.48% | 99.24% | 97.99% |
| 121+ Days | 18.03% | 100.23% | 101.67% |
Key Insight
This is verifiable: homes that are in a good location, priced correctly, and in great condition typically go under contract in the first 30 days. That’s not marketing hype — over half of all new construction homes in Niceville sold within that first-month window. And they did it at or above list price.
Longer market times almost always came with price drops. If you're building or selling new construction, pricing and positioning are everything.
Want help pricing and marketing your new construction listing the smart way? Let’s talk.