Waterfront Homes Market Update – Niceville (June 2025)
Waterfront homes are among the most coveted properties in Niceville — but that doesn’t mean they sell themselves. Here’s what the numbers from the past year show:
Market Snapshot
- Total Waterfront Homes Sold: 25
- Currently Active: 8
- Pending Sales: 1
- Average Sold Price: $1,442,892
- Median Sold Price: $1,299,000
- Average Sq Ft: 3,348
- Average Price per Sq Ft: $430
- Average Days on Market: 62
Price Trends
- Average Price Adjustment: -$164,309 (-9.63%)
- Sold/List Price Ratio (avg): 94.11%
- Sold/Original List Ratio (avg): 91.1%
Time on Market Breakdown
| Days on Market | % of Sales | SP/LP Ratio | SP/Original List Ratio |
|---|---|---|---|
| 0–30 Days | 53.85% | 95.85% | 94.83% |
| 31–60 Days | 11.54% | 90.16% | 90.16% |
| 61–90 Days | 15.38% | 91.51% | 82.56% |
| 91–120 Days | 7.69% | 100.00% | 89.01% |
| 121+ Days | 11.54% | 90.57% | 83.90% |
Key Insight
This much is clear: homes on the water that are priced correctly, in excellent condition, and located in highly desirable spots consistently go under contract within the first 30 days. In fact, more than half of all waterfront homes that sold in the past year did exactly that — and those sellers captured higher sale-to-list price ratios than anyone else.
Meanwhile, overpriced listings saw significant price cuts — averaging over $160,000 off their initial ask. The longer they sat, the more they gave up.
Want to position your waterfront home to sell quickly and profitably? Let’s connect.