Market Profile Miramar Beach: February 12, 2020
Miramar Beach Real Time Market Snapshot
Click on either chart below to get a more detailed report or just enjoy the snapshot! … [Read more...]
Miramar Beach Market Report February 1, 2020
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...]
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: 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...]
MARKET REPORT: January, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. Inventory, or lack thereof, continues to be the story on the Emerald Coast in general. Unlike the "roaring" mid 2000's, it seems buyer's purpose these days is to actually keep and enjoy their beach homes and are holding onto them. What a concept! As a result, sales volume continues to drop in … [Read more...]
December 2018 Market Report
Welcome to another market review of sales activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The story of our market is low inventory, lower sales volume. The year-end numbers show a continued drop across the board in active listings which has impacted closed sales. Buyers are generally looking for the newer shiny light and bright coastal chic motif and those properties sell … [Read more...]
30A, Destin, Sandestin/Miramar Beach Market Report August 2018
The 30A Destin Sandestin Miramar Beach real estate markets continue to display strength in median sale price but with low inventory. There is no foreseeable rationale for any major price corrections on the horizon unless inventory jumps but there is no reason for that either at this time. Our market continues to be that of end user vs. speculation with a large number of closings … [Read more...]
Market Report July, 2018
The 30A, Miramar Beach and Destin real estate markets continue to hum along with no appreciable fall-out in sight. The best word to describe the market is...steady. And that is good. We've certainly seen strong appreciation since 2013 post downturn and in some pockets, Rosemary Beach, gulf front, Alys Beach, prices are back to peak of 2006. Unlike the 2006 peak however, price jumps aren't based on … [Read more...]
June Market Report
If ever there were a market metric that dictates price, it would be supply and demand. Generally if the supply is low and demand is high, prices rise. Of course the opposite is also true. Our real estate market is currently a perfect example of low supply, high demand, and rising prices. Fortunately, although prices are up, it isn't at meteoric levels....it's reasonable … [Read more...]
