New Construction Market Update – Fort Walton Beach (June 2025)
Fort Walton Beach continues to attract buyers looking for move-in-ready new construction — and the data shows that properly priced homes are performing. Here’s what the numbers from the past 12 months reveal:
Market Snapshot
- Total New Homes Sold: 23
- Currently Active: 12
- Pending Sales: 2
- Average Sold Price: $571,926
- Median Sold Price: $495,000
- Average Home Size: 2,379 Sq Ft
- Average Price per Sq Ft: $253
- Average Days on Market: 79
Price Trends
- Average Price Reduction: $45,060 (-4.56%)
- Sold/List Price Ratio (avg): 99.41%
- Sold/Original List Ratio (avg): 97.57%
Time on Market Breakdown
| Days on Market | % of Sales | SP/LP Ratio | SP/Original List Ratio |
|---|---|---|---|
| 0–30 Days | 36.00% | 99.62% | 99.62% |
| 31–60 Days | 8.00% | 99.96% | 96.14% |
| 61–90 Days | 20.00% | 99.17% | 98.77% |
| 91–120 Days | 16.00% | 99.58% | 94.79% |
| 121+ Days | 20.00% | 98.57% | 94.12% |
Key Insight
The majority of new construction homes in Fort Walton Beach are still selling near list price — especially those that hit the market at the right number. Homes that sold within the first 30 days closed at an average of 99.62% of asking. That’s nearly full price.
On the flip side, homes that lingered over 90 days typically needed price adjustments and left a few percent on the table. The lesson here is simple: if you're building or selling new in FWB, hit the pricing sweet spot early and avoid costly course corrections later.
Want help getting your new construction listing priced, positioned, and sold? Let’s talk.