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...]
Watercolor Real Estate And Market Report November 2015
Watercolor Real Estate Watercolor Statistics Other than average sale price year-over-year, Watercolor continues to kill it proving it's a popular second home destination for buyers. Absorption rate increased just a bit year-over-year by 5.98% and 7.21% year-to-date meaning we have more months of inventory to sell but ever so slightly indicated sellers are picking up the pace with new … [Read more...]
Watercolor Real Estate Market Report October 2015
Luxury Real Estate in Watercolor, Florida. Watercolor Real Estate Watercolor real estate continues to escalate unlike sales prices in Rosemary Beach for October, 2015. Absorption rate actually went up year-over-year by 18.34% and stands up 6.17% for the year. This means it would take longer to sell the current inventory at this time than it did this time last year. Average list prices are up … [Read more...]
WaterColor Real Estate Statistics June 2015 Year-over-Year
Watercolor Market Watercolor real estate statistics: year-over-year average sales price moderated sharply dropping 12.11% while median sale prices dropped 4.60%. This comes in combination with an 8.84% average list price increase. It looks like sellers have not quite caught up with the market and will be needing to make price reductions moving forward to meet the market. That … [Read more...]
