Connect

Find us on...

Dashboard

Login using...

2018 Year to Date Market Snapshot for Destin & the 30A

Posted by Tim Shepard - Broker on Tuesday, May 29th, 2018 at 9:22am.

It's been a busy spring for real estate in Destin, the 30A and surrounding Miramar Beach, Sandestin Resort, Niceville and Fort Walton Beach. We've got a good supply of inventory, but could always use more. Prices in most areas have increased since the same time in 2017 as well as the number of sales.

Here is a quick snapshot of 2018 year to date condo and single-family home sales and price increases in Destin and the 30A, along with the areas with top results. Whether you're buying or selling, this will give you an idea of where real estate is hot right now.

Year to Date Condo Stats for Destin & the 30A

Top Condo Sales

condo sales volume

Condo sales were up 32% overall, with huge increases in most areas. Some of the top producers were:

  • 30A East: 49%
  • 30A West: 47%
  • Miramar/Sandestin Resort: 46%

Top Condo Price Increases

top areas for condo sales increases

Average sale prices for condos were up 13% overall, which is a pretty tidy increase on investment. The biggest gains were in:

  • 30A East: 41%
  • 30A West: 29%
  • Miramar/Sandestin Resort: 24%

The highest price received for a condo was $2,200,000 in Sanctuary by the Sea

Sanctuary by the Sea condo


Year to Date Single-Family Home Stats for Destin & the 30A

Top Home Sales

single-family home sales volume

Sold volume for single-family homes was up 11% from the same time in 2017. The top producing areas were:

  • 30A West: 67%
  • Fort Walton Beach: 30%
  • Niceville: 27%

Top Home Price Increases

single family home sales price increases

Average sale prices for single-family homes were up 3%. The largest increases were seen in:

  • Fort Walton Beach: 17%
  • Destin: 11%
  • 30A West: 10%

The highest price receive for a house was $10,100,000 in Bannerman Beach Place

Bannerman Beach home



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

 

We'd love to hear what you thought of our service, please don't hesitate to send us your comments.

Leave a Comment