Destin & 30A Sold Real Estate

2020 brought us record numbers for beachfront condos sold in Destin, the 30A and surrounding Florida Emerald coast.  These properties are situated so close to the Gulf of Mexico that the only thing separating you from the soft, white sand, is a beach walkover. This is prime Florida real estate, destined to hold its value for years to come. Many of these waterfront condos have proven vacation rental income, providing turn key investment opportunities. Others, see this as the ideal warm, sunny, office space for those now working from home. If you've never experienced a Gulf front condo lifestyle, maybe it's time to give it a try.

Destin Beachfront Condos - Quick Stats for 2020

How many beachfront Condos were sold in 2020 in the Destin area?

2021 real estate in Destin and the surrounding Emerald Coast has one of the most active seller's markets we've seen in years. We're seeing a lot of interested buyers purchasing from out of state. As "work from anywhere" has become the norm, many are seeking a sunny, beachfront in-home office to work from. Others are just taking advantage of the great interest rates.

For the period of January, 2021 we saw the following Percent of List rates and Average Sale Prices:

Townhome or Attached Residences:
Percent of List: 99%
Average Sale Price: $418,352 - a 38% increase from 2020

Condos:
Percent of List: 97%
Average Sale Price: $494,404 - a 28% increase from 2020

Single-Family Homes:
Percent of List: 98%
Average Sale Price: $640,529 - a 31% increase from

Good News for Destin & 30A Real Estate Sales in 2020

The 2020 real estate market in Destin and the 30A performed far better than most would have thought. 2020 was a tough year, but folks prevailed as life went on along the Emerald Coast in Florida. The successful buyer in 2020 had done their homework, were patient, diligent, and made strong and confident offers when they found what they wanted. That will be the standard in 2021 as well.

There were two big contributors to a successful real estate market in Destin and the 30A in 2020:

1. Demand for Coastal Properties

We saw demand for coastal area properties surge post covid as companies transitioned to a more "work from anywhere" approach with employees seeking more tax favorable

Hottest Selling Condos in Destin and the 30A Area for 2020

Quick Condo Facts From January 1 to December 31, 2020

# of Condos Sold: 2,515

Average sale price was $475,199

Average Sqft: 1,268

Average Days on Market: 106

Highest Sold Price: The highest price for a condo sold in the Destin area was $4,750,000. Selling in just 18 days, this 4-Bedroom, 5-Bath turn-key villa at Thirty-One on 30A, Santa Rosa Beach, Florida and boasts unobstructed Gulf of Mexico and beach views.

Top Selling Condos by Price

This list is derived from the top selling condos in 2020. Sorted by price range, you'll find listings for most budgets: from $300,000 to over $1 million. At a glance, this gives you an idea of the most popular Destin and 30A

"Optimistic" is the best word I can use to describe this past summer season. The period from July to September 2020 has produced some record sales numbers for Destin Real Estate. In spite of the challenges that we've been faced with in 2020, these stats reflect a sense of optimism. Faced with adversity of "pandemic proportions", people are still moving forward with their lives.

The team at Destin Real Estate would like to thank these brave home buyers and sellers, and congratulate them on their new home purchases.

 Don't hesitate to contact Tim, or any of the team at Destin Real Estate to set up a private viewing of any Destin or nearby homes that interest you.

SOLD! in Under 30 Days

These homes were sold after being listed less than one

The timing couldn't be better to purchase a Florida investment property in Destin or the surrounding Emerald Coast.

Now that vacation rentals in the Destin area are once again open for business, we're starting to see a huge demand for these properties. In fact, the number of new condo listings from the beginning of May to June 15, 2020 is already 7% higher than the same time in 2019. People are starting to list again and the buyers are coming out of the woodwork.

Average sale prices are up by 10% for condos and 16% for single-family homes. Interest rates are at all time lows. It's a win/win for both buyers and sellers of Destin homes and condos.

- Buying an Investment Rental Home
- Buying an Investment Rental Condo

Top Selling Home & Condo

The demand for Destin home sales this March and April/2020 has proven that real estate is indeed an essential service in Florida. Congratulations to these recent home buyers and sellers who helped to sustain the real estate market during the COVID-19 Pandemic. Don't hesitate to contact Tim, or any of the team at Destin Real Estate to set up a private viewing of any Destin or nearby homes that interest you.

Under Contract! Crystal Beach Home on the Gulf

Nantucket Cottages in Crystal Beach is a popular Destin community, especially for investment rentals. Loaded with new upgrades, this home is ready to start making money.

Under Contract in 11 Days - New Build in Destin, Florida

This 3-bedroom home in Destin is still under construction and

In 2019, What Were the Top Selling Condos in Destin and the 30A Area?

Quick Condo Facts From January 1 to December 31, 2019

# of Condos Sold: 1,891

Average sale price was $448,284

Average Sqft: 1,272

Average Days on Market: 118

Highest Sold Price: The highest price for a condo sold in the Destin area was $4,050,000. This was for a to be constructed 3-bedroom condo in Thirty One, A Condo Development, Santa Rosa Beach, Florida. Its elevated setting lended to spectacular panoramic views from most rooms in the residence.

Top Selling Condos by Price

This list is derived from the top selling condos in 2019. Sorted by price range, you'll find listings for all budgets: under $200,000 to over $1 million. At a glance, this gives you

How Did the Destin & 30A Market Perform in 2019?

These are the 2019 market trends for real estate sales in Destin and the 30A. We've broken it down by:

• Condo Sales Summary
• Top Selling Condos
• Single-Family Home Sales
• Top Selling Neighborhoods
• Townhome Sales
• Beachfront Home Sales
• Beachfront Condo Sales

2019 Condo Sales for Destin & 30A

The number of overall condo sales in the Destin and 30A area had a slight decrease (-9%)) in 2019, along with Average Sale Prices (-3%). Still condos sold for a strong 96% of their asking price. However this dip was only temporary, as of the end of January, 2020, the market showed a marked recovery with a 29% increase in the number of condos under contract and selling for an

These Were the Most Popular Destin & 30A Communities in 2019

The info below spotlights the 2019 real estate market for single-family homes in Destin, the 30A and surrounding Emerald Coast. See hottest selling subdivisions and average sale prices.

Quick Facts From January 1 to December 31, 2019

4,520 single family homes sold

Average sale price was $590,677

Average Sqft: 2,204

Average Days on Market: 73

Highest Sold Price: $8,995,000 for a Gulf front Seagrove beach house located very close to the Seaside community. At 4,446 square feet with 4 bedrooms and 6 baths, this is the epitome of a Florida beachfront estate home. Boasting elaborate finishings such as Italian stone floors and an elegant custom staircase, this was a special