October 2022 | Condo & Home Market Highlights

Here is your Emerald Coast monthly market update for October! Looking at the numbers year-over-year, we see that the number of properties sold decreased by 38%, and there was a 22% decrease in the sold volume. Though we are seeing a steady decline in numbers, the market continues to stay quite active as the desire to own along the Emerald Coast remains consistent. 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 October:

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

The Whitby

 Alys Beach | 30A East

2 Bed | 2 Bath

1,353 Square Feet

$2,725,000

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

141 Hope Town Lane

Rosemary Beach | 30A East

5 Bed | 5 Bath | 2 Half Bath

4,495 Square Feet 

$21,000,000

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. 

Interested in buying or selling?

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