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: 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...]
Sandestin Real Estate Market Report October 2015
Sandestin Real Estate Sandestin Real Estate flourished for the month of October, 2015. Absorption rate dropped by 16.93% year-over-year and 13% year-to-date. This means it will take less time to sell current inventory than it did one year ago this time. Average list price jumped a total of 10.97% year-over-year and stands at an increase of 8.59% year-to-date. Median list price had a smallish … [Read more...]
Sandestin Real Estate Market Report September
Sandestin Real Estate Sandestin Real Estate continued it's improvement for the month of September 2015. Absorption rate dropped a full 16.85% YOY and 12.76% YTD. Average list price jumped 12.34% YOY and 7.61% YTD mirrored by a gain YOY in average sale price of 3.97% but for the year a drop of 0.02%. Median list priced improved by 4.78% YOY and 2.22% YTD with median sale price … [Read more...]
