Showing posts with label Stats. Show all posts
Showing posts with label Stats. Show all posts

Wednesday, July 12, 2023

June 2023 | Condo & Home Market Highlights




Here are the June real estate statistics highlights! As we do every month, we're diving into the latest data and trends to provide you with a clear picture of the real estate market during the month of June. By examining key metrics such as median sales prices, inventory levels, and market activity, we aim to equip you with valuable insights to make informed decisions, whether you are buying, selling, or simply curious about the state of the market. Join us as we explore the exciting dynamics and trends that unfolded in the real estate landscape throughout June.

For real estate investors looking to seize the potential along our coastline, now is the time to take action. There are enticing prospects awaiting those willing to explore the real estate market in these coastal gems. Whether you're interested in purchasing vacation rental properties, seeking long-term investments, or considering selling, the allure of these sought-after destinations combined with the rising property values make it an opportune moment to dive into the market. Don't miss out on the chance to take advantage of this thriving real estate landscape. Start your investment journey in paradise today and reap the rewards of this flourishing market. We're always here to answer any questions or offer a property valuation.

Take a look at some key highlights that have shaped the market landscape during this period.








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



WaterColor Beachside


3 Bed | 3.5 Bath

2,416 Square Feet

$3,350,000







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



2940 East County Highway 30A

Seagrove Beach30A East

4 Bed | 4.5 Bath

4,276 Square Feet 

$9,375,000






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?

Connect with us!






Wednesday, August 7, 2019

2019 Second Quarter | Condo & Home Market Highlights




The state of Florida as a whole saw $9.5 billion in condo sales and $30.1 billion in home sales in the second quarter of 2019. So how did our area do?

Overall, summer has been a busy season for real estate in our area. Compared to the same time last year, home sales increased across the board for the areas of Destin (+16), Miramar Beach/Sandestin (+12), North Santa Rosa Beach (+8), 30A East (+2), and 30A West (+7)Condo sales were split with Okaloosa Island (+19) and 30A West (+19) seeing an increase in condo sales, while the areas of Destin (-5)Miramar Beach/Sandestin (-12), North Santa Rosa Beach (-20)and 30A East (-17) saw a decline in condo sales. 

Our team had an active share in the second quarter of 2019 – closing over $8 million in sales. Needless to say, we've been busy and are continuing strong in the second half of the year!
 

Check out a few more highlights:







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



Thirty-One

30A East 

$3,300,000

3 Bed | 3.5 Bath

2,855 Square Feet  

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


24 E-scape Drive

Inlet Beach

$5,200,000

5 Bed | 5 Bath

3,902 Square Feet



Would you like to know more about the market in a specific area? 
Give us a call or email us and we'll get you all the info you need.

Monday, July 16, 2018

June Condo & Home Sales Highlights | Destin to 30A


June was another busy month for real estate along the Emerald Coast!

With so many visitors in town for summer vacation, the month of June is always a busy time for real estate agents. The world's largest vacation rental search engine – HomeToGo.com – lists b
oth Destin and Panama City Beach among Florida's top vacation destinations. While here, vacationers fall in love with the area, and decide it's time to make owning paradise a reality. We love assisting people in making this move!   


Our team had an active share in the June market, while continuing to stay prepared for the busy summer season when the weather and the real estate are hot! 


In June we assisted our wonderful buyers in the sales of the following properties:

4206 Jade Loop


We were also able to get the property sold for our sellers at:

4555 Barrington Lane

We also worked with sellers to get the following properties on the market:

Grand Sandestin | 2225
332 Wimico Circle

In addition, we were able to get several more properties under contract. We'll have all the details in the July Market Report.

The activity this year has been exciting and we're well into summer. We love staying in touch to keep both our buyers and sellers prepared for the rest of the year, and beyond. This is a great time to perform some due diligence regarding purchasing property. With summer in full swing – 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 out there right now. The daily hot sheet has new listings hitting the market every day, so let us know if you would like to receive updates on the market! 

Check out the area sales highlights for the month of June:  





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


Grand Dunes South

Miramar Beach

$3,000,000

5 Bed | 5 Bath

4,100 Square Feet  

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



3034 E County Hwy 30A

30A East

$10,750,000

7 Bed | 9.5 Bath 

6,462 Square Feet 


Tuesday, June 5, 2018

The Destin Allure

It's no secret – Florida is a world-leading travel destination. It was estimated that a record 116.5 million visitors traveled to Florida in 2017, an increase of 3.6 percent over the previous year. With its famed theme parks, expansive resort hotels, and a coast lined with blissful beaches, Florida is especially popular during Spring Break.

According to the world's largest vacation rental search engine – HomeToGo.com – data showed that Panama City Beach and Destin were ranked as the top two most popular Florida destinations for Spring Break. Panama City Beach saw over $27 million spent weekly on vacation rentals during spring break, while Destin saw over $17 million.

So besides the gorgeous beaches, what makes Destin and the surrounding areas so popular? While spring break brings the few weeks we get the influx of exuberant college students, the year-round draw extends far beyond that. It's the families also looking to make the most of school vacations, empty-nesters looking to reclaim their time and reconnect, others simply searching for some much-needed warmth after the chilly winter period, and even locals opting to "stay-cation" instead of travel abroad. No matter who you are, you can't help but become smitten with Destin’s charms. It's impossible to resist the friendly small-town vibe and world-class outdoor activities such as swimming, golfing, and fishing. Whether you book a dolphin cruise, dig into fresh seafood dinners or sample the vibrant nightlife, Destin is sure to dazzle. 

Looking for a vacation rental investment property? Give us a call and we'll help you find paradise!

Thursday, May 17, 2018

April 2018 Condo & Home Market Highlights



Well into the the Spring season, April was another busy month for our team! 

Destin and the surrounding areas are an especially wonderful place to spend spring and summer with the whole family. With the broad interests being met from young to old, Destin is a true family favorite. This simple reason is just one of several that bring so many to own and invest here in paradise.  

In case you missed it in our newsletter this month, check out what the data showed from the world's largest vacation rental search engine – HomeToGo.com. Panama City Beach and Destin were ranked as the top two most popular Florida destinations for Spring Break. Panama City Beach saw over $27 million spent weekly on vacation rentals during spring break, while Destin saw over $17 million. Now is the time to invest in paradise! 


Our team had an active share in the April market, and are preparing for the busy summer season when the weather and the real estate are hot! 


In April we assisted our wonderful buyers in the sales of the following properties:


1571 Meadowbrook Court 

89 Matthew Boulevard
4756 Bonaire Cay


We were also able to get the property sold for our sellers at:



1611 Chadwick Lane


We also worked with sellers to get this property on the market:


4555 Barrington Lane (We've already got it under contract!)

In addition, we were able to get several more properties under contract. We'll have all the details in the May Market Report.

The activity this year has been exciting and we're hustling our way through the ever popular spring season. We love staying in touch to keep both our buyers and sellers prepared for the rest of the year, and beyond. This is a great time to perform some due diligence regarding purchasing property. Spring is in full swing – and 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 out there right now. The daily hot sheet has new listings hitting the market every day, so let us know if you would like to receive updates on the market! 

Check out the area sales highlights for the month of April:  




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



Adagio | Unit C104

30A West 

$1,545,000

4 Bed | 3 Bath

2,200 Square Feet  

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


20 Deer Lake Beach Drive

30A East

$8,925,000

5 Bed | 6.5 Bath 

6,547 Square Feet 





Thursday, April 19, 2018

March 2018 Sales Market Highlights

With the start of the Spring season, March was another busy month for our team! 

For many who own here, it's proven to be a smart and satisfying move to purchase an investment property or second home. The Emerald Coast never ceases to provide a favorite place for young and old, all year round. Destin and the surrounding areas are an especially wonderful place to spend spring and summer with the whole family. From families with small children and teens to adults seeking the ultimate beach getaway, visitors find themselves smitten with Destin’s charms. It's impossible to resist our expansive resorts, friendly small-town vibe, and world-class outdoor activities such as swimming, golfing and fishing. Whether visitors book a dolphin cruise, dig into fresh seafood dinners, or sample the vibrant nightlife – Destin is sure to dazzle. Now is the time to invest in paradise!

Our team had an active share in the March market. We assisted our wonderful buyers in the sales of the following properties:

Sandpiper Cove | Unit 2003 | Destin, FL  
Village at Blue Mountain Beach | Unit 513 | 30A
Indian Lake | Unit 256 | Destin, FL
Calypso Resort | Unit E2304 | Panama City Beach, FL  (We also had the selling side of this closing!) 

We also worked with sellers to get this property on the market:

Seascape Condo Garden Villa | Unit 7D

In addition, we were able to get several more properties under contract. We'll have all the details in the April Market Report.

The activity this year has been exciting and we're hustling our way through the ever popular spring season. We love staying in touch to keep both our buyers and sellers prepared for the rest of the year, and beyond. This is a great time to perform some due diligence regarding purchasing property. Spring is in full swing – and 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 out there right now. The daily hot sheet has new listings hitting the market every day, so let us know if you would like to receive updates on the market! 

Check out the area sales highlights for the month of March:  




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

Sanctuary by the Sea | Unit 1127

30A West 

$2,200,000

3 Bed | 3 Full Bath | 2 Half Bath

4,363 Square Feet  

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


219 Open Gulf Street

Miramar Beach

$5,050,000

10 Bed | 8 Full Bath | 2 Half Bath

5,953 Square Feet