Welcome to my monthly real estate snap-shot! I try to keep it simple, to the point and short because I know you won't read it otherwise. As an interested buyer in our market it's important that you understand the market dynamics so here we go. With the world economy swinging all directions, and not always good directions; threat of trade wars, stock market volatility, odd bond market with … [Read more...]
FEBRUARY MARKET REPORT
It's looking like another good, steady year in real estate for 30A, Destin and Miramar Beach/Destin areas. All of the details are below for each area including the major planned communities but in essence the data tells me that prices continue to escalate on a moderate, sustainable scale, inventory is still low limiting buyer choices and propping up prices, and generally closed sales … [Read more...]
November Market Report
Greetings! Welcome to the latest and greatest market report! I know you've been on the edge of your seat waiting. Generally real estate markets across the country are strong and continue to rise in price especially the higher end markets as the stock market is heated and unemployment is low bolstering confidence. Many first time home buyers are being priced out of buying a home because the dearth … [Read more...]
MARKET REPORT EMERALD COAST AUGUST 2017!
Market Report The broken record continues.........."our market continues to show strength with increases in list and sale price while inventory remains tight". Closed sales fall within all price ranges with the bulk being under $3MM but enough over that number to illustrate a continued demand for the highest end luxury on 30A. Pricing for the most exclusive properties have closed in on peak … [Read more...]
Market Report Sandestin Destin – Statistics July 2017 30A
Market Report Sandestin Destin July Statistics and Market Report Sandestin Destin Our real estate market continues to rock and roll with most meaningful metrics pointing in a positive direction. We know through history that booms ultimately turn to busts whether it be the stock market, commodities, gold, silver or tulips what goes up.....must come down. This is simply a … [Read more...]
S&P/Case-Shiller: Home prices hit 33-month high and the 30A Market
S&P Real Estate markets have been cooking pretty much across the nation with inventory levels at record lows in many markets so you're likely wondering...........what about the 30A market? With the news of S&P/Case-Shiller home prices at a 33 month high I thought it would be interesting to review the 30A market in comparison. Remember, real estate is local and the Case-Shiller is a … [Read more...]
Market Report East End 30A Volume Explodes January 2017!
Market Report East End Market Report East End Statistics Market report East end 30A seems to have teetered just a tad for January year-over-year in regards to sale price while total closed and pending sales volume exploded. List prices continued to rise as inventory slightly increased. Average days on market dropped. It may be possible … [Read more...]
Rosemary Beach Property Report December 2016 Looks Steady
Rosemary Beach Property Report Statistics Rosemary Beach Property Report Stats Rosemary Beach property report for December, 2016 shows a big jump overall for the year and a slight drop for the month compared to last December. Inventory rose dramatically as months on market are up to 13.42 compared to last December's 9.85 months and a 36.24% increase year-over-year while year-to-date we … [Read more...]
Market Report December 2016 West 30A Continues to Trend Upwards
Market Report 30A West Statistics Market report for the West end was steady in 2016 if not overly robust as was the East. Really the only statistic that looks a bit shaky is average sale price which dropped from 2015 yet the median took up the slack rising heavily in December against last December and with moderate gains for the year. Inventory is down from 2015 as are days on market so … [Read more...]
Market Report East End 30A 2016 Annual Summary
Market Report East 30A Market Report East 30A Continues to Impress! Well, 2016 is now behind us so let's take a look at the real estate numbers and see just how this market is shaking out heading into 2017. As you know, real estate is local and just because one market is rising doesn't mean all are. As a matter of fact even in our microcosmic market of the Florida Panhandle … [Read more...]
Market Report Statistics East 30A November 2016 Prices Up Again
Market Report Statistics East Market Report Statistics East 30A Market report statistics East 30A show an amazing continued upward trend in almost every measurable material metric. Absorption rate is up just a bit year-over-year with 8.28 months of inventory vs. 8.66 months last November for an 8.66% change while year-to-date inventory has risen 2.06%. Average list price rose 9.60% … [Read more...]
Market Report Statistics West 30A October 2016 Looking Strong
Market Report Statistics Market Report Statistics 30A West Market Report Statistics on the West end of 30A continue to show strength. Absorption rate year-over-year is up 1.12% to 8.13 months but for the year is down 16.10% to 7.92 months of inventory. Average list price jumped 37.77% to $1,279,004 year-over-year and year-to-date has risen 17.66% to $954,740 against $811,455 last … [Read more...]
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