December 2022 | Condo & Home Market Highlights

Here is your Emerald Coast monthly market update for December! We see median sales prices across most areas continue to increase compared to the same time in 2021. 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 December:

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

WaterColor Town Center Condominium

WaterColor | 30A East

2 Bed | 2 Bath

1,394 Square Feet

$2,250,000

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

116 Wiregrass Way

WaterColor | 30A East

6 Bed | 6.5 Bath

5,529 Square Feet 

$6,700,000

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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