DESTIN REAL ESTATE UPDATE - January 2016
Posted by Tim Shepard - Broker on
This Destin real estate update gives you a snapshot of home, condo and land sales in Destin FL and the surrounding Emerald Coast areas for January, 2016.
Destin Homes
Destin home sales decreased slightly when compared to last year. However, much of the change can be attributed to new lending rules that delayed up to 20% of our closings. While the average sales price in Destin was $888,000, over half the homes sold, closed below $443,000.
Homes in 30A East, which includes the neighborhoods of WaterColor, Seaside, WaterSound, Alys Beach, and Rosemary Beach; posted an impressive average sales price at $1,051,548.
Most Expensive Home Sold: $6,200,000 for a beautiful beachfront home in Destin
Least Expensive Home Sold: $100,000 for a log…
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