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2016 Real Estate Summary for Destin & 30A

Posted by Tim Shepards on Wednesday, February 1st, 2017 at 11:44am.

2016 Was a Good Year for Destin Real Estate

Overall the Destin and Scenic 30A real estate market saw a 5% increase in the number of properties sold. Average sale prices also increased by 5% overall with the biggest gains in townhomes at 14%.


Destin & 30A Single-Family Homes 2016

Single-family home numbers increased by 6% with a 5% increase in average sale price. Homes remained on the market only an average of 101 days in 2016, compared to 110 in 2015.

Stats for single-family homes in Destin and 30A


Destin & 30A Condos 2016

The average sale price of Destin and 30A condos went up 4% from 2015, but the number of sales decreased by 1%. There were less people selling which meant fewer active listings.

2016 condo stats for Destin and the 30A


Destin & 30A Townhomes 2016

Townhomes demonstrated the most gains in 2016 with a total sales volume a whopping 30% higher than 2015. The average sale price also increased by 14% and the number of days on market went from 100 to 93.

Areas with the biggest gains included 30A East (129%), Freeport (178%), Destin (83%), and Navarre (10%).

2016 townhome stats in Destin and 30A


Scenic 30A Luxury Home Market 2016

Alys Beach may not have had the highest sales volume in 2016, but this community showed an impressive increase of 55% in the number of sales compared to 2015. Much of this was due to the popularity of the new Caliza Courts townhomes along Somerset Street. 

Inlet Beach also showed some impressive numbers with 262 sales in 2016, up 27% from 2015. What's big in Inlet Beach? Residences in the Prominence Triplex Townhomes are selling like hotcakes, as well as Florida cottage homes in Grande Pointe at Inlet Beach.

2016 luxury market for Destin and 30A

Are there any towns or communities you'd like to learn more about? We're happy to send you the latest listings or a complete market report for any neighborhood in Okaloosa and Fort Walton Counties. Feel free to call (850) 325-0004 or message Tim for more information.



Listing Updates

 

Logo for Destin Real Estate, LLC

Tim Shepard, Broker/Owner
Destin Real Estate, LLC
Cell: (850) 259-4133
Toll Free: (866) 678-SOLD

https://www.browsedestin.com

 

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