Market Insights March 12, 2026

Crestview Market Snapshot: What’s Actually Happening (February 2026)

Market headlines often focus on national trends, but real estate decisions are made locally. Here’s a closer look at what’s happening right now in Crestview — and what it may mean for buyers and sellers.

This snapshot reflects single-family homes with three bedrooms priced between $250,000 and $500,000, using a 90-day lookback through February 2026.


Current Activity

  • 271 Active Listings

  • 121 Under Contract

  • 175 Sold (Past 90 Days)

  • 44% Pending Rate

A 44% pending rate means nearly half of all active listings already have an accepted contract. For every 10 homes on the market, more than four are in the process of changing hands.

That’s a healthy signal of steady buyer demand.

This is not a market driven by urgency — but it does reward smart pricing and preparation. Well-positioned homes are moving. If you’re unsure about moving forward, this timing guide may help.


Where Inventory Is Concentrated

Active listings by price range:

  • $250K–$299K: 38 homes (14%)

  • $300K–$349K: 72 homes (27%)

  • $350K–$399K: 60 homes (22%)

  • $400K–$449K: 48 homes (18%)

  • $450K–$500K: 32 homes (12%)

  • Above $500K: 19 homes (7%)

The Sweet Spot: $300K–$400K

Nearly half of all active inventory sits between $300,000 and $399,000 — and this is also where pending activity is strongest. Buyers shopping in this range will find selection, but well-priced homes are drawing attention quickly. Sellers in this corridor have the deepest pool of motivated buyers actively searching.


The Price Journey

From original list price to the closing table, three numbers tell the story:

  • $349,000 — Avg. Original List Price

  • $336,000 — Avg. Final List Price

  • $333,000 — Avg. Sold Price

Price Reduction Breakdown (Sold Homes)

  • Original → Final List: –$13,000 average (–3.7%)

  • Final List → Sold: –$3,000 average (–1.3%)

  • Total Reduction: –$16,000 average (–4.9%)

Sellers Are Adjusting — And It’s Working

On average, sellers reduced their price about 3.7% before going under contract. Buyers then negotiated another 1.3% before closing.

The takeaway isn’t discouraging — it’s strategic.

Homes priced accurately from the beginning tend to sell faster and closer to list. Homes that require repeated price cuts attract fewer offers and take longer to regain buyer attention.


Additional Key Metrics

  • Sale-to-List Ratio: 98.7%
    Buyers paid nearly 99 cents on the dollar of final list price.

  • Original-to-Sold Ratio: 95.1%
    Homes closed about 5% below their original asking price on average.


Days on Market

  • 78 Days — Average DOM (Sold Homes)

  • 30 Days — Median DOM (Sold Homes)

  • 147 Days — Average DOM (Active Listings)

The median tells the real story.

Most successful sales happen within the first 30 days. The average rises because some homes linger significantly longer.

Currently, roughly 40% of active listings have been on the market more than 90 days. These homes often require meaningful price adjustments or refreshed marketing to generate new interest.

What Market Time Is Signaling

  • 0–30 Days: Strong early buyer attention

  • 31–90 Days: Active interest, price sensitivity increasing

  • 91–180 Days: Market feedback signaling adjustments

  • 180+ Days: Strategic reset needed


What This Means If You’re Thinking of Selling

  1. Price it right from day one. Homes priced accurately sell within 30 days and close within 1–2% of asking.

  2. The $300K–$400K range has the most buyers. If your home fits here, you’re positioned in the strongest activity band.

  3. Expect around 3.7% in early negotiation adjustments. Build this into your pricing strategy so you can still net your target number.

  4. Spring 2026 presents a strong window. With over 120 homes already under contract and buyer demand steady, listing in the next 30–60 days positions you ahead of peak spring competition. For preparation steps, start here.

Real estate works best when decisions are informed, not reactive. Understanding the numbers clearly helps you move forward confidently — whether you’re buying, selling, or simply watching the market.

There’s no rush — let’s make the right move.