January 2023 | Condo & Home Market Highlights

Here is your Emerald Coast monthly market update for January! We see median sales prices fluctuating in different areas compared to the same time last year. As buyers settle into the new year and react to increasing interest rates and real estate prices, the number of properties sold has decreased. Though we are seeing a steady decline in sales numbers, the market continues to stay quite active as the desire to own along the Emerald Coast remains consistent. Inventory levels are increasing, giving buyers a chance to be more selective. We're keeping a close eye on the market to find the perfect deal for our clients!

Now is a great time to look into the real estate market. If you'd like more detailed information on a particular area or community, or if you're curious about the value of your property, feel free to reach out to us. We love sharing valuable info!

Check out the area sales highlights for January:

The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

Hidden Dunes Grand Villas

Miramar Beach

4 Bed | 4 Bath

2,455 Square Feet

$2,500,000

The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

34 Lemon Hill Alley

Alys Beach | 30A East

4 Bed | 4 Bath | 2 Half Bath

3,739 Square Feet 

$6,000,000

Now is a great time to perform some due diligence whether you're considering selling or purchasing property. With the current supply and demand, timing is crucial. You need a team who will help you make the right decisions, at the right time. If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you. 

Looking for your perfect beach house?

Interested in buying or selling?

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Just Sold | 216 Sleepy Oaks Road | Fort Walton Beach, FL

4 Bed  |  4 Bath  |  3,845 Square Feet  |  Selling Price: $1,480,000

Our lovely new clients were referred to us by our long-time clients and friends. After getting in touch with us and discussing their needs, we immediately prepared to get this beautiful property on the market. They have loved living in this wonderful waterfront home with their children and making unforgettable family memories here for the last twelve years. With the kids getting older and weighing their options, they decided to take advantage of the seller's market and make a change. We are thrilled to get this home sold for our clients, and we wish them much success in their new adventures!

This gorgeous waterfront family home with a backyard oasis is located on Cinco Bayou in Fort Walton Beach. The exquisitely maintained home features an open floor plan with the spacious living area opening to the kitchen and breakfast dining area. A guest bedroom and bath and a laundry room are located on the first floor, as well as an office with custom built-ins. The master suite has a sitting area, fireplace, and private balcony. The second floor includes an open loft area, a bonus room, a bedroom suite, and another bedroom and hall bath. The two car garage allows for plenty of storage. This waterfront family home is a beautiful piece of paradise the new owners are sure to love!

The lush backyard includes a pool, beautifully manicured lawn, grilling area, and plenty of space to entertain. The dock has a boat lift and waterslide for ideal coastal living. Drop your paddle boards into the bayou for a great workout and fun in the sun.  Welcome to paradise!

This beautiful family home was lovely to shoot and market. Located waterfront with a great yard and outdoor living features, we knew this home would appeal to buyers desiring to live the coastal lifestyle or make an investment in paradise. We made the most of these aspects and featured them in our marketing plan. Along with professional photography, we produced a video tour of the home to create as much visual interest as possible. 

   

For ease of access in learning more about the home, we promoted it on social media, in email marketing to send to our database of investors and agents that link to both the property website and video tour, as well as in our monthly newsletter. The property was also featured on Zillow, Trulia, and Realtor.com, as well as internationally renowned Remax.com.

Interested in real estate along the Emerald Coast? 

See what's on the market by area!

Thinking of selling or buying? 

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