Showing posts with label 2020 Market Highlights. Show all posts
Showing posts with label 2020 Market Highlights. Show all posts

Friday, January 15, 2021

December 2020 | Condo & Home Market Highlights



We've gathered the data for December, and you'll see below that the Emerald Coast real estate market closed out the year on a great note! Compared to the same time last year, we saw the number of properties sold increase by 66%. The sold volume also increased by nearly 102%. Many people realize that there is no time like the present to make big moves, which has increased the number of buyers in our area. We love seeing an appreciation for all that the Emerald Coast has to offer! As we reflect on the last year, we're so grateful to assist so many people in bringing their dreams to reality.  

We've been consistently busy working with our buyers and sellers throughout the last year and it's been incredibly fulfilling to assist our clients in making smart real estate moves. 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 IslandDestinSandestinMiramar Beach, North Santa Rosa Beach, and 30A was:  




3 Bed | 3.5 Bath

2,855 Square Feet

$3,275,000





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


8570 E County Highway 30A


6 Bed | 7 Bath | 2 Half Bath

7,570 Square Feet 

$10,110,672





We're keeping a close eye on the market activity to stay prepared for our clients this year. Now is a great time to perform some due diligence if you're considering purchasing property. Keeping on top of the market will ensure that you don't miss any deals. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! 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?

Connect with us!











Wednesday, December 16, 2020

November 2020 | Condo & Home Market Highlights









November was another excellent month for the Emerald Coast real estate market! Compared to the same time last year, we saw the number of properties sold increase by 72%. The sold volume also increased by nearly 114%. There is no doubt there is much value in owning along the Emerald Coast. Many people are realizing that there is no time like the present to make big moves. That is exciting for both our clients and our team! As we reflect back on the year, we're so grateful to be able to assist so many people in bringing their dreams to reality.  

We've got less than a month to go before the new year is here! We've been consistently busy working with our buyers and sellers throughout this year and it's been incredibly fulfilling to assist our clients in making smart real estate moves. 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, feel free to reach out to us. We love sharing valuable info!

Check out the area sales highlights for November:




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




$4,750,000

4 Bed | 4.5 Bath

4,539 Square Feet 
 




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


88 Paradise By the Sea Court


$15,950,000

8 Bed | 9.5 Bath

9,790 Square Feet 




We're keeping a close eye on the market activity to stay prepared for our clients well into the new year. Now is a great time to perform some due diligence if you're considering purchasing property. Keeping on top of the market will ensure that you don't miss any deals. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! 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?

Connect with us!











Friday, November 13, 2020

October 2020 | Condo & Home Market Highlights







The October real estate market along the Emerald Coast was fantastic! Overall we saw the number of properties sold increase by 82%. The sold volume also increased by 149%. There is no doubt there is much value in owning along the Emerald Coast! Take a look at the highlights below for more details.

It's hard to believe the new year is almost here! We've been consistently busy working with our buyers and sellers throughout this year and it's been incredibly fulfilling to assist our clients in making smart real estate moves. 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, 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 IslandDestinSandestinMiramar Beach, North Santa Rosa Beach, and 30A was:  




$3,000,000

4 Bed | 4.5 Bath

3,234 Square Feet 
 




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


146 Montgomery Street


$14,000,000

6 Bed | 6 Bath | 3 Half Bath

9,051 Square Feet 





We're keeping a close eye on the market activity to stay prepared for our clients through the rest of the year. Now is a great time to perform some due diligence if you're considering purchasing property. Keeping on top of the market will ensure that you don't miss any deals. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! 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?

Connect with us!







Monday, September 21, 2020

August 2020 | Condo & Home Market Highlights





Real estate continues to be a hot commodity along the Emerald Coast! 

August showed us more increases in comparison to the same time last year. Overall we saw the number of properties sold increase by 59%. The sold volume also increased by 100%. More and more people are realizing the growing value of owning along the Emerald Coast. Check out the highlights below for more details! 

We can hardly believe how fast summer has come and gone. As we head into fall we're expecting to stay busy working with our buyers and sellers. 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 feel free to reach out to us. We love sharing valuable info!

Check out the area sales highlights for August:



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




$4,500,000

5 Bed | 5.5 Bath

5,863 Square Feet  






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


8580 East County Highway 30A


$8,600,000

8 Bed | 7 Bath | 2 Half Bath

7,300 Square Feet 






We're keeping a close eye on the market activity to stay prepared through the fall season. We love staying in touch to keep our clients prepared and on top of the emerald coast real estate market. This is a great time to perform some due diligence regarding purchasing property. Keeping on top of the market will ensure that you don't miss any deals. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! 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?

Connect with us!







Tuesday, August 25, 2020

July 2020 | Condo & Home Market Highlights





The Emerald Coast real estate market was booming in the month of July! 

We thought June was a busy month, but July showed us more incredible increases compared to the same time last year. Summer is a fabulous time to peruse the market and find your ideal property. There's something for everybody and we're here to help you find the right property for you. If you feel it would be a better move to list and sell your property – we're here to help with that too. 

Let's dig into some of the numbers! As we stated before, we saw great increases – especially so in the 30A area. 30A East saw an increase in condo sales by 425%, with 30A West not far behind with an increase of 400%. The Miramar Beach/Sandestin area saw an increase of 147%, and Destin came up with an increase of 58%. North Santa Rosa Beach saw a 33% decrease and Okaloosa Island saw a decrease of 17% in condo sales as well.

If you're thinking the reason we saw such an increase in sales is due to price decreases – think again! Take a look at the percentages of increase/decrease in median condo sale price by area (more details are in the infographic below):

30A East: +116% 
30A West: +19%   
Destin: +21%

Days on the market were also down across the board with an average of 48% less time spent on the market for condos. 

Wondering about the home market? We've got the numbers on that too!

30A East saw an increase in home sales by 165%, with 30A West showing an increase of 119%. The Miramar Beach/Sandestin area saw an increase of 109%, Destin came out with an increase of 13%, and North Santa Rosa Beach showed an increase of 104% in home sales.

Here are the percentages of increase/decrease in median home sale prices by area:

30A East: +43% 
30A West: -5%   
Destin: +25%

Days on the market were also down for homes showing the same average as condos with 48% less time spent on the market.

More and more people are realizing the increasing value of owning along the Emerald Coast! If you'd like more detailed information on a particular area or community feel free to reach out to us. We love sharing valuable info! 

Here's the sum-up of July condo and home sales here along the Emerald Coast:
  




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




$2,500,000

4 Bed | 4 Bath

3,150 Square Feet  





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


158 Geoff Wilder Lane


$6,500,000

6 Bed | 5.5 Bath

4,032 Square Feet 





We're keeping a close eye on the market activity this year and we're continuing to stay prepared through the busy summer and closely approaching fall season. We love staying in touch to keep our clients prepared and on top of the emerald coast real estate market, especially with the ever-changing world situation. This is a great time to perform some due diligence regarding purchasing property. Keeping on top of the market will ensure that you don't miss any deals. We are getting a new influx of inventory daily and there are some great opportunities to take advantage of. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! 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?

Connect with us!