Inlet Beach, FL 32461 What is the impact on the 30A market and Coronavirus? Fri Mar 27 2020 This week the median list price for Inlet Beach, FL 32461 is $1,575,000 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has held steady at or around 229. Click here to stay informed with the Inlet Beach market and the impact of … [Read more...]
MARKET REPORT: October, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The Emerald Coast market continues to show strength in closed and pending sales on 30A both East and West end. Median prices dropped on the East end and moved up West end. Absorption rate (rate at which homes are sold) moved up a bit on 30A to just under 8 months East and and just under 9 months … [Read more...]
September 2019 Market Report: 30A, Miramar Beach, Destin
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. Interest rates are low and activity, especially purchases of new construction, has picked up throughout the country as a result. The China trade issue continues to loom along with a drop in manufacturing numbers and a weaker world economy but real estate is steady, albeit measured. This is good, … [Read more...]
Market Report: June 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. If you are waiting for prices to drop proportionately to levels of the 2008 meltdown, or even close, you'll likely be disappointed. Some buyers seem to be waiting for recession like home price plummeting, but investor/flippers just aren't driving this market so the likelihood of that happening is … [Read more...]
Market Report: May, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. 30 year mortgage rates are at a low average of 3.82% and housing sentiment is at a 5 year high which is a good omen for real estate sales moving forward. Analysts predict the Federal Reserve will cut rates again this year, another positive influence on real estate sales. Generally, as the stock … [Read more...]
MARKET REPORT: APRIL, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The U.S. economy beat expectations by 2%, growing 3.2% in the first quarter of 2019. The Fed's announcement that it would not raise interest rates in the foreseeable future of this year has put a clamp on interest rates and bonds, benefiting buyers, and lifting the stock market to a record high. … [Read more...]
MARKET REPORT: MARCH, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. On the East end of 30A, year-over-year inventory is slightly up by 2.34% while median price dropped 10.22%. Closed sales fell 21.6% and pending sales are down 10.3%. For the West end of 30A, inventory exploded upwards by 31.38%, median price fell 3.24%, closed sales rose 2.9%, and pending … [Read more...]
FEBRUARY 2019 MARKET REPORT
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The four major areas, 30A East, 30A West, Destin and Miramar Beach/Sandestin continue to experience somewhat low inventory levels which inevitably will have an effect on closed sales, pending sales, and pricing. 30A East inventory fell slightly by 2.7%, median price dropped 9.44%, and closed … [Read more...]
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Featured Video of Waterfront Home Blue Mountain Beach Florida: Looking for spectacular views of the gulf? Panoramic Gulf views are on display from all four floors of this waterfront home in Blue Mountain Beach. An all-inclusive outdoor space boasts a sought after gulf front pool with hot tub, fire pit, and summer kitchen surrounded by 500 square feet of terrace. Exploiting one of the highest … [Read more...]