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...]
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...]
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...]
October, 2018 Market Report: 30A, Sandestin/Miramar Beach, Destin
Welcome to another market review of sales activity in the 30A, Destin, and Miramar Beach/Sandestin areas. Our market continues to be steady with no large dark clouds visibly forming. Median sale price on 30A East, 30A West, and in Sandestin/Miramar Beach exploded year-over-year for October with double digit increases while Destin fell just a tad. That said, the year-to-date price jumps in all … [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 Sandestin Destin – Statistics July 2017 30A
Market Report Sandestin Destin July Statistics and Market Report Sandestin Destin Our real estate market continues to rock and roll with most meaningful metrics pointing in a positive direction. We know through history that booms ultimately turn to busts whether it be the stock market, commodities, gold, silver or tulips what goes up.....must come down. This is simply a … [Read more...]
Watercolor Real Estate Market Report March 2015
Watercolor Real Estate Watercolor Real Estate Statistics Watercolor real estate is looking strong for the month of March, 2016. Absorption rate dropped 3.69% to 8.62 months from 8.95 months year-over-year while year-to-date it is up 9.33% to 8.91 months against 8.15 months in 2015 hence for the year inventory has increased. Average list price jumped dramatically by 25.79% to $2,183,762 … [Read more...]
Watercolor Real Estate Report February 2016
Watercolor Real Estate Watercolor Real Estate Market Stats Watercolor real estate is strong in the seller's mind, not so much with buyers for February, 2016, Absorption rate jumped 13.62% to 9.09 months from 8 months in February, 2016 and for the year is up even more to 15.35% to 8.94 months from 7.75% last year. Average list price is up 23.58% to $2,117,813 from last February's price … [Read more...]
