Living room with various furniture with cream-color décor, a stone fireplace, a dark wooden mantelpiece, and large windows.

Destin Florida Condos & Residential Real Estate

Destin Florida condos and other residential combined statistics for the month of 8/24/2015-9/24/2015 are listed below. Units sold are 86 with volume being $36,784,007. The average sale price was $427,721 and the median sale price was $318,750. The median sale price is a better number in my opinion as it disposes of the extremely high and low sales. The average difference sale price and to list price was ($3,338.) so it seems buyers have been able to negotiate downward on price a bit. Average days on the market are 166 with cumulative days on the market being 204 days so just over 5 months and 6 months respectively. This isn’t extraordinary for a second home luxury buyer’s market but a little high for a primary. For example, Crestview, mainly a primary home community has a lower day on market value which makes sense. These homes are purchased for necessity rather than luxury purposes. 30A is more in line with Destin because of its second-home luxury nature.
 
As the Fall comes it will be interesting to see what happens as Fall is typically our second best-selling season. The weather should be great as always and interest rates are favorable.
 
Property Type/Area Units Volume Average
Sale Price
Median
Sale Price
Avg. Diff.
SP to LP
Avg. DOM Avg.
CDOM
Residential 798 $283,361,862 $355,090 $230,000 – $17,455 127 148
18 – 30A East 68 $72,754,471 $1,069,919 $751,875 – $64,374 235 235
17 – 30A West 28 $19,012,609 $679,022 $485,000 – $36,799 174 184
27 – Bay County 36 $13,165,249 $365,701 $239,000 – $44,355 158 221
25 – Crestview Area 100 $15,524,126 $155,241 $152,200 – $3,438 83 106
14 – Destin 86 $36,784,007 $427,721 $318,750 – $22,982 166 204

Work with us

Combining years of experience with a deep understanding of the Florida market, we offer tailored advice and strategies designed to ensure your success. From detailed market analyses to personalized consultation and beyond, we're here to support your real estate journey every step of the way.

Follow Me on Instagram