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Destin & 30A 1st Quarter 2017 Market Stats

Posted by Tim Shepards on Friday, April 21st, 2017 at 10:15am.

Condo & Townhome Sales in Destin & 30A

Overall, the first quarter in 2017 had favorable results with Gulf Coast townhomes up 17%, and condos up 32%, with Destin selling 28% more condo real estate than 2016. Townhome sales were huge in Fort Walton Beach (up 34%) and Miramar/Sandestin (up 150%).

1st quarter Destin condo stats

Single-Family Home Sales in Destin & 30A

Single-family homes on Florida's Gulf coast were up 9% in the first quarter 2017, with huge gains in 30A East (up 40%), and Destin (up 23%).

Destin home sales for 2017

30A Luxury Home Sales

Rosemary Beach luxury home sales proved the front runner for 30A neighborhoods with an impressive 1st quarter result. Fourteen homes homes sold, an increase of 27% from 2016, and an average sale price of $2,686,250.

Watersound home sales were up 29% compared to the first quarter in 2016.

Alys Beach only had one sale, but it was substantial at $5,650,000

30A luxury home sales 2107

 

Waterfront Sales in Destin & 30A

Waterfront homes and condos in Destin & 30A were also popular this quarter. The market for Gulf front single-family homes increased by 137% with 19 sales, compared to just 8 sales the first quarter in 2016. Condo sales on the Gulf also were high with a 44% increase.

Harbor and bayfront townhomes more than doubled with 14 sales, compared to just 5 in 2016. Bayfront condos went up marginally by 12%. 

Single-family homes on the harbor increased by 51%, with 41 home sales, compared to 27 from the first quarter 2016.

Gulf Coast Florida waterfront real estate sales

 

Most Expensive Home & Condo Sales for 2017

'Beluga' in Rosemary Beach - $12,500,000

The most expensive home sold for $12,500,000 in Rosemary Beach. "Beluga", an iconic area landmark, is a 5-bedroom beachfront home measures 4,520 sq. ft. with a 600 sq. ft. carriage house. Assuming 2 side-by-side lots, the property has 115' of Gulf front with a panoramic view that extends as far as the eye can see.


Seaside Luxury Condo - $2,000,000

Luxury Seaside condo

The most expensive condo went for $2,000,000 in Seaside. Situated in the heart of this trendy community, enjoy Gulf views while dining on the covered deck. The beach, swimming pools, tennis, shops and fine dining are right out your door.


Don't hesitate to contact us for information on any property or community along the Emerald Coast. If there is a particular neighborhood or development you are interested in, we will gladly send you updates, the minute a new listing comes on the market.


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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