Saint Andrews Bay Housing Market Report February 2025Bay County, Florida

hero building illustration for mobile

Housing Prices in Saint Andrews Bay, FL

How much do homes in Saint Andrews Bay, FL cost?

Housing Market Conditions

Is Saint Andrews Bay, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Saint Andrews Bay is a Buyer's Market

Difference Since February 2024

At the same time last year, Saint Andrews Bay was a Seller's Market.

Insight

Saint Andrews Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$340,000$182/SqFt
+$10,000
+3.0%

Based on all homes sold in the last 12 months

Insight

Homes in Saint Andrews Bay have sold for 3% more than they did a year ago.

Summary: The median home sold price in Saint Andrews Bay was $340,000 in February 2025, up 3% from last year, and the median price per square foot was $182.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$225K$235K
+4.4%
3$289.9K$299.9K
+3.5%
4$342.9K$350K
+2.1%
5$424K$482.5K
+13.8%

Summary: Saint Andrews Bay housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.4%. The home price for 3 bedroom homes increased by +3.5%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes increased by +13.8%.

How does Saint Andrews Bay, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Saint Andrews Bay, FL

Housing supply in Saint Andrews Bay, FL

How many homes are available in Saint Andrews Bay, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
195Last MonthFeb 2025
1942 months agoJan 2025
+0.5 %
Change MoMJan – Feb

Summary: The Saint Andrews Bay real estate market had 195 homes for sale in Feb 2025, a 0.5 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
18Last MonthFeb 2025
262 months agoJan 2025
-30.8 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
255
0.0%
3123119
-3.3%
45559
+7.3%
51011
+10.0%

Summary: Saint Andrews Bay housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -3.3%. The inventory for 4 bedroom homes increased by +7.3%. The inventory for 5 bedroom homes increased by +10.0%.

Asking Price vs. Sold Price

How much do homes in Saint Andrews Bay, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price7 Homes

Under Asking Price11 Homes

Insight

If you're buying a home in Saint Andrews Bay, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Saint Andrews Bay in February 2025, down by 30.8% month-over-month. Of the 18 sold homes, 61% were sold under asking, 39% were sold at asking, and and 0% were sold over asking.

Days on Market for Saint Andrews Bay, FL

How long does it take to sell a home in Saint Andrews Bay, FL?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days6 Homes

Over 90 Days8 Homes

Insight

Most homes in Saint Andrews Bay are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 18 homes were sold in Saint Andrews Bay; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
83 DaysThis YearFeb 2025
78 Days1 year agoFeb 2024
+6.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Saint Andrews Bay had an average listing age of 83 days in Feb 2025, up by 6.6% compared to the previous year.

Newest Listings in Saint Andrews Bay, FL

What homes are available in Saint Andrews Bay, FL?

Nearby markets

Nearby markets aren't available for Saint Andrews Bay, FL

MLS Disclaimers and Copyright

Based on information from Central Panhandle Association of REALTORS® MLS, Emerald Coast MLS, and Pensacola MLS for the period 03/01/2023 - 03/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.