Waterfront Homes Market Update – Fort Walton Beach (June 2025)
Fort Walton Beach’s waterfront properties continue to attract attention — but the numbers are telling: buyers are choosy, and homes that aren’t priced correctly from the start are paying the price in extended days on market and heavy discounts.
Market Snapshot
- Total Waterfront Homes Sold (Past 12 Months): 19
- Currently Active: 12
- Pending Sales: 3
- Average Sold Price: $1,013,994
- Median Sold Price: $900,000
- Average Home Size: 3,196 Sq Ft
- Average Price per Sq Ft: $365
- Average Days on Market: 122
Price Trends
- Average Price Reduction: $285,384 (-10.41%)
- Sold/List Price Ratio (avg): 94.69%
- Sold/Original List Ratio (avg): 90.35%
Time on Market Breakdown
| Days on Market | % of Sales | SP/LP Ratio | SP/Original List Ratio |
|---|---|---|---|
| 0–30 Days | 31.82% | 101.56% | 100.29% |
| 31–60 Days | 31.82% | 91.81% | 89.81% |
| 61–90 Days | 13.64% | 91.52% | 85.71% |
| 91–120 Days | 4.55% | 97.50% | 92.86% |
| 121+ Days | 18.18% | 92.23% | 78.86% |
Key Insight
The difference between a full-price sale and a six-figure haircut often comes down to the first 30 days on market. Waterfront homes that sold quickly — nearly a third of all sales — actually averaged over asking price. The rest either sat and discounted or never got traction.
Meanwhile, nearly 1 in 5 listings sat more than four months and sold for just 79% of their original asking price. In this price bracket, that’s a painful number.
If you’re thinking about listing a waterfront home in Fort Walton Beach, don’t just list it — position it. Let’s price it right and make it move.