How Did the Destin & 30A Market Perform in 2018?
Here are the 2018 year-end real estate stats for homes and condos in Destin and the surrounding Emerald Coast. Find out which areas were hot sellers for condos, homes and townhomes and, where did prices go up, or down.
2018 Condo Sales for Destin & 30A
The number of overall condo sales in the Destin and 30A area increased by 7% in 2018. Average sale prices went up 15% and homes sold about 96% of their asking price. Some of the biggest gains in overall number of homes sold were in Destin (+19%), Navarre (+15%) and Miramar/Sandestin Resort (+10%).
Average sale prices for condos in 30A West jumped by 77%, 37% in 30A East and 16% in Miramar/Sandestin Resort.
Top 10 Selling Condo Properties in 2018
Here are the top 10 selling condos by volume in 2017. Check out our blog post "Top Selling Condos in 2018 - Destin & 30A, Florida" for a complete list including average sale prices.
- Palms of Destin: 62 Sales
- Henderson Lofts: 58 Sales
- Sandpiper Cove: 57 Sales
- Ariel Dunes: 56 Sales
- Seascape: 46 Sales
- Majestic Sun: 43 Sales
- Silver Shells Resort: 42 Sales
- Luau I & II: 31 Sales
- Pelican Beach Resort: 36 Sales
- Indian Lake: 31 Sales
2018 Home Sales for Destin & 30A
Single-family home sales in Destin and the 30A showed steady gains in 2018. The number sold increased by 5%, with the biggest gains in Navarre (+16%) and Miramar/Sandestin (+7%).
Average home prices increased by 2% with a 14% increase in Destin, 10% in Fort Walton Beach and 9% in 30A West. Houses averaged a hearty 97% of their asking price.
Top 10 Selling Neighborhoods in 2018
These were the top 10 selling Destin and 30A neighborhoods by volume in 2018. Check out our blog post "Top Selling Destin & 30A Communities in 2018" for a complete list with average prices.
- Watersound: 106 Sales
- Watercolor: 98 Sales
- Driftwood Estates: 59 Sales
- Naturewalk at Seagrove: 54 Sales
- Seacrest Beach: 43 Sales
- Eagle Bay Landing: 42 Sales
- Rocky Bayou: 40 Sales
- Rosemary Beach: 38 Sales
- Crystal Beach: 37 Sales
- Destiny: 37 Sales
2018 Townhome Sales for Destin & 30A
Destin and 30A Townhomes showed the most robust increases last year. Sales for townhomes sold in 2018 were up 25%, with a 14% increase in average sale price. Areas with the highest increases in volume included North Santa Rosa Beach (+64%)!!, Miramar/Sandestin Resort (+57%), Niceville (+38%), 30A East (+31%) and 30A West (+18%).
Huge increases in Average Sale Prices occurred in North Santa Rosa Beach (+42%), Fort Walton Beach (+27%), 30A East (+17%) and Navarre (+11%).
2018 Beachfront Home Sales for Destin & 30A
Beachfront homes in Destin and the 30A showed a slight decrease in 2018 of 3% in sales dollars and number sold. Miramar/Sandestin Resort, however, increased their sales by almost 200% and Average Sale Price increased a hefty 32%. Overall, beachfront home sellers received an average of 94% of their asking price.
2018 Beachfront Condo Sales for Destin & 30A
Beachfront condos in Destin and the 30A beachfront had huge increases of 30% in sales volume, and 25% in average sales price. Some of the heavy hitters for increase in Average Sale Price were 30A West (+72%), 30A East (+50), and Miramar/Sandestin Resort (+18%).
The stats for beachfront condos certainly indicate their worth as an investment property in Destin and the 30A.
Posted by Tim Shepard - Broker on
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