What's Happening in the Destin Market This January
This is a quick snapshot of the January 2022 real estate market in Destin, Florida and the surrounding Gulf Coast. Listings aren't sitting on the market for long. Our office has had several sales in January that were on the market less than a week. Listings sold in Crestview and Fort Walton Beach remained on the market for less than a month. Over 50% of the beachfront condos sold were on the market for less than a week.
Destin Market Summary - January 2022
January 2022 Single-Family Home Sales - Destin & 30A
Home sales are down slightly, but prices are up 17% from January 2021. If inventory levels would improve, sales would probably be through the roof. Search all homes for sale in Destin
The following areas are especially hot right now for the number of single-family home sales:
- Freeport Homes: +42%
- 30A West Homes: +30%
- Miramar Beach/Sandestin Homes: +26%
January 2022 Condo Sales - Destin & 30A
Condo sales are up 2% with a substantial 29% Average Price increase. Townhomes are also up, by 7% and have a 12% increase in sales price. Both condos and townhomes are also suffering from a lack of inventory. Search all Destin Condos and Townhomes for sale
The following areas are especially hot right now for the number of condo & townhome sales:
- Navarre Condos: +200%
- Miramar Beach/Sandestin Condos: +133%
- Destin Condos: +80%
- Fort Walton Beach Condos: +22%
This data is obtained from the Emerald Coast Association of Realtors Multiple Listing Service, Inc. (ECARMLS)
Posted by Tim Shepard - Broker on
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