Monday, August 15, 2022

July 2022 | Condo & Home Market Highlights




Here is your Emerald Coast monthly market update for July! Looking at the numbers year-over-year, we see that the number of properties sold decreased by 36%, and there was a 25% decrease in the sold volume. Though there was a dip in sales in July, the market continues to stay quite active as the desire to own along the Emerald Coast remains consistent. As we inch closer to autumn, we're keeping a close eye on the market to find the perfect deal for our buyers. As seen in the infographic below, the median sales prices are up across most areas, making this a fantastic time to sell as well!

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 July:






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



Andante


4 Bed | 4.5 Bath

4,300 Square Feet

$5,150,000





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



89 Robins Egg Court


4 Bed | 4 Bath | 3 Half Bath

4,040 Square Feet 

$8,400,000





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





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