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: 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 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...]
Market Report Statistics West 30A September 2016
Market Report Statistics West 30A Market Report Statistics West 30A Market report statistics 30A West show continued strength in numbers year-over-year for the month of September. All in all the numbers look very good as inventory dropped to normal levels, average and median sale price jumped along with asking price, days on market fell and sales volume is up. Pending sales are down just a … [Read more...]
Market Report Statistics East 30A September 2016 Prices Up
Market Report Statistics East Market Report Statistics East 30A Market report statistics East 30A showed great improvement in September, 2016 on the sales price side while volume closed sales dropped. Closings, pending sales, active and new listings are all up for the year. Pending sales are also down year-over-year in September, 2016. Absorption rate fell 4.56% to 8.38 months of … [Read more...]
Market Report Statistics West 30A August 2016 Volume Up
Market Report Statistics Market Report Statistics West 30A Market Report Statistics on the West end of 30A are similar to the East end in regards to sale price dropping for the month and list prices escalating. Absorption rate is down 10.48% to 7.94 months from 8.87 months last August. Average list price jumped 35.52% to $1,267,294 from last year's price of $935,124. Average sale … [Read more...]
Market Report Statistics East 30A August 2016 Volume Up
Market Report Statistics East 30A Market Report Statistics East 30A Market Report statistics East 30A year-over-year statistics are showing a few chinks in the armor for August 2016. Absorption rate is slightly down .72% to 8.37 months. Average list price is up 17.39% to $1,592,649. Average sale price is down 13.33% to $899,170. Median list price is up 28.22% to $1,095,000. … [Read more...]
Rosemary Beach Real Estate Market Report July 2016
Rosemary Beach Real Estate Market Report & Statistics Rosemary Beach Real Estate Market Report Rosemary Beach real estate market report shows some decent strength for the month of July year-over-year. Absorption rate jumped 106% to 15 months vs. 7 months last July. Average list price shot up 14.33% year-over-year to $2,874,351 against last July's $2,514,050. Average sale price … [Read more...]
Market Report Statistics June 2016 30A West
Market Report Statistics Market Report Statistics 30A West The market report for 30A West shows moderating activity in both sale price and volume sales. Absorption rate dropped 12.91% to 7.89 months from last year's 9.06 months due mostly to less new listings coming to market as sales volume dropped. Average list price is jumped 28.71% to $1,180,322 from last June's … [Read more...]
Market Report Statistics 30A West May 2016
Market Report Statistics 30A West Market Report Statistics 30A West Volume sales are down as is inventory on the West end of 30A. Absorption rate dropped 20.04% to 7.38 months vs. 9.23 months last May and year-to-date the market inventory dropped 27.13% to 7.36 months against last year's 10.01 months. Average list price is up huge at 26.15% year-over-year at $1,153,437 to last year's … [Read more...]
Inlet Beach Market Report Statistics May 2016
Inlet Beach Market Report Inlet Beach Market Report Inlet Beach market report shows an improvement year-over-year but is down year-to-date in pricing. Absorption rate dropped 26.62% to 5.51 months from 6.95 months year-over-year and year-to-date is down 13.89% to 5.58 months from last year's 6.48 months. Average list price is down year-over-year 7.02% to $1,137,699 vs. a price of … [Read more...]
