There is no doubt that townhomes are one of the most sought after property types in Destin and 30A. In 2016, there were 363 townhomes sold in these areas with a total sales value of $136,828,304. The average sale price was $376,937, a whopping 12% increase from 2015. Townhomes averaged 98% of their asking price upon sale, and remained on the market about 93 days. The most expensive townhome in Santa Rosa Beach sold for $2,500,000, and the lowest price sold was $56,000 (which listed at $40k).
Why so popular now? We've seen a lot of new construction townhomes in desirable areas, and with a variety of price points. The mid-priced residences sold in Prominence at Inlet Beach and 125 Crystal Beach were flying off the shelves. Yet, the need for luxury townhomes was also prevalent with strong sales in Caliza Courts and Clermont Courts, Alys Beach, or The Brownstones at Kelly Plantation.
Overall, townhomes offer a desirable lifestyle with the maintenance-free aspects of a condo, but the space of a single-family home.
Here are the best of the best - 2016 top selling townhomes in Destin and the 30A:
Is there a particular townhome that you're interested, but isn't on this list? We're happy to get you a complete market report on any Destin or 30A property you desire. Just call (850) 325-0004 , or email Tim for more information.
Tim Shepard, Broker/Owner
Destin Real Estate, LLC
Cell: (850) 259-4133
Toll Free: (866) 678-SOLD
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