Rosemary Beach Real Estate and market report for Rosemary Beach South of 30A. Absorption rate dropped year-over-year (YOY) by 16.93% and 16.65% year-to-date (YTD), so it should take less time to sell the current inventory than it did last September and for the year of 2015 vs. 2014. Average list price jumped 16.75% YOY and 12% YTD while median list price increased 9.70% YOY and 9.25% YTD. Average sale price YOY exploded by 302% but that is only because of so few sales in each month with one being much more than the other in 2014. However, YTD the appreciation stands at a healthy 19.17%. The median sale price is same as average with the one sale driving that number as well while YTD the increase in pricing is by 43.19%. This is quite remarkable frankly and illustrates a hot market for sellers. Average days on market across the board hasn’t changed much. There was only one Rosemary Beach Real Estate sale in the month of September 2015, the same as 2014. For the year, Rosemary Beach Real Estate sales stand at 20 in 2015, the same exact numer of sales as 2015. Pending sales are 1 for the month vs. 3 in 2014, with YTD being 20 in 2015 vs. 21 in 2014. This market is steady. Active listings are currently 26 for the month vs. 31 in September 2014, and 63 for this year vs. 66 last year. How steady can it be? New listings are 6 for this year September, 6 for last. Total new listings YTD are 32 and for 2014 36. This is clearly one of the most steady markets on 30A, and expensive with values continuing upwards along with sales price points. The Rosemary Beach area has quite a bit of commercial construction nearby with coming shopping and restaurants.
|Sep-15||Sep-14||% Chg||2015 YTD||2014 YTD||% Chg|
|Average List Price||$3,696,212||$3,165,917||16.75||$3,307,667||$2,953,174||12.00|
|Median List Price||$3,099,000||$2,825,000||9.70||$2,949,000||$2,699,250||9.25|
|Average Sale Price||$4,022,500||$1,000,000||302.25||$2,619,450||$2,198,063||19.17|
|Median Sale Price||$4,022,500||$1,000,000||302.25||$2,155,000||$1,505,000||43.19|