Destin Real Estate News and Blog - Destin Real Estate Stats

Emerald Coast Real Estate Stats - January - May 2017 vs 2016

Real estate sales along the Emerald Coast, including Destin and 30A Highway has been especially active this year. From January until the end of May 2017 we've seen steady increases resulting in higher sales, compared to the same period in 2016.

Here are the stats for Single-Family Homes, Condos and Townhomes:

Emerald Coast Single-Family Homes

The Emerald Coast single-family home market saw an increase of just 7% overall. Homeowners seemed content to remain where they were, as there was far less inventory then in 2016. Whatever went on the market has been selling quickly for an average of 97% of the asking price.

The Freeport single-family home market saw a huge 52% increase this year. Other top selling areas include 30A East (23%) and Destin…

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SOLD! Spectacular Holiday Isle Home on the Canal

Sold $1,800,000 - Holiday Isle Canal Front Home

606 Choctaw Drive, Destin Florida 32541

This spectacular canal front home in Holiday Isle was built for a lifestyle on and off the water. With 5 bedrooms, 5.5 baths, and measuring 5,086 square feet this is the perfect home for entertaining or large families. Located right on the canal, with room for a 90 foot yacht, Destin Harbor is just a five-minute boat ride. Or, stay home and splash in the pool while enjoying the view. Prepare dinner in the outdoor kitchen while watching the sunset.

Congratulations to the new owners of this exceptional Holiday Isle home; may you enjoy it for years to come.

Learn more about the Holiday Isle community and real estate options. Considering a home or condo in…

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New Construction Projects in Destin & 30A - Spring 2017

New home construction in Florida is booming along the Gulf Coast. This includes new condos, townhomes, and single-family homes. Here are the latest spring construction projects in Destin, Highway 30A, Niceville and Okaloosa County.

Destin Condos & Townhomes New Construction

• 125 Crystal Beach
• Blu Condos
• 1900 Ninety Eight
• Destin Oaks Townhomes
• The Henderson Lofts
• Brownstones in Kelly Plantation

Freeport New Construction Homes

• Hammock Bay

Inlet Beach New Construction Homes & Townhomes

• Prominence
• WaterSound Origins

Miramar Beach New Construction

Homes & Condos

• Alerio Condos
• Villa Burago Condos
• Emerald Bay Homes

Navarre New Construction Homes

• Palmetto Lake Preserve

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Destin & 30A 1st Quarter 2017 Market Stats

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%).

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%).

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…

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Destin's Priciest Luxury Condos for 2017

Luxury condo sales in Destin and the surrounding area are off to a brisk pace with over 100 sold in the first quarter of 2017. About half the condo sales went to buyers planning on using them as vacation rentals while the balance will be used as primary or second homes. The most expensive closed for $2,000,000 while the median price was $659,500. The average days on market were 187, with 28% selling in 1 month or less.

Updates on Popular Luxury Properties

One Water Place

One Water Place was red hot with a total 6 sales in the first quarter. Located in Kelly Plantation, One Water Place overlooks the Fred Couples championship course and Choctawhatchee Bay. With more amenities than any other condo in Destin, there is not much need to…

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Top 10 Condo Sales for Destin & 30A - 1st Quarter 2017

Looking for a Gulf Coast condo near Destin or the 30A? Here are the top 10 condos by number of units sold for the first quarter in 2017. An an extended list of top performing condos is listed below. Whether you're seeking a seasonal, permanent or investment property, this will give you a good place to start looking.

Extended List of Top Performing Condos in Destin & 30A

10 - 15 UNITS SOLD

• Ariel Dunes I & II - 15 units
• Sandpiper Cove - 13 units
• Sterling Shores - 12 units
• Waterscape - 12 units
• Jetty East - 10 units

9 UNITS SOLD

• Majestic Sun
• Palms of Destin
• Sundestin

8 UNITS SOLD

• Alerio
• One Water Place

7 UNITS SOLD

• Beachside Villas
• Gulf Place
• Seascape

6 UNITS SOLD

…

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2016 Top Selling Townhomes in Destin & 30A

There is no doubt that townhomes are one of the most sought after property types in Destin and 30A. In 2016, there were 363 townhomes sold in these areas with a total sales value of $136,828,304. The average sale price was $376,937, a whopping 12% increase from 2015. Townhomes averaged 98% of their asking price upon sale, and remained on the market about 93 days. The most expensive townhome in Santa Rosa Beach sold for $2,500,000, and the lowest price sold was $56,000 (which listed at $40k).

Why so popular now? We've seen a lot of new construction townhomes in desirable areas, and with a variety of price points. The mid-priced residences sold in Prominence at Inlet Beach and 125 Crystal Beach were flying off the shelves. Yet, the need for luxury…

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The Best of the Best - 2016 Top Selling Condos in Destin & 30A

In 2016, there were 1,304 condominiums sold in Destin, Sandestin and 30A with a total sales value of $549,631,020. The average sale price was $421,496, about 4% higher than 2015.Destin and 30A Condos sold for 95% of their asking price in an average of 172 days. The highest price was $2,900,000 for a luxury 2-story condo in Andante in Seacrest; the lowest condo sold for $64,000 in Gulf Terrace.

Here are the best of the best - the top selling condos in Destin and the 30A in 2016:

Is there a particular condo that you're interested, but isn't on this list? We're happy to get you a complete market report on any Destin or 30A property you desire. Just , or email Tim for more information.

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2016 Real Estate Summary for Destin & 30A

2016 Was a Good Year for Destin Real Estate

Overall the Destin and Scenic 30A real estate market saw a 5% increase in the number of properties sold. Average sale prices also increased by 5% overall with the biggest gains in townhomes at 14%.

Destin & 30A Single-Family Homes 2016

Single-family home numbers increased by 6% with a 5% increase in average sale price. Homes remained on the market only an average of 101 days in 2016, compared to 110 in 2015.

Destin & 30A Condos 2016

The average sale price of Destin and 30A condos went up 4% from 2015, but the number of sales decreased by 1%. There were less people selling which meant fewer active listings.

Destin & 30A Townhomes 2016

Townhomes demonstrated the most gains in…

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Destin Market Summary - November 2016

We had a busier than average November for the Destin and Scenic 30A real estate market. There were 24% more homes and condos sold vs the same time last year. Properties took a little longer to sell, but real estate prices also increased substantially.

Condo prices increased 28% from November 2015, and single family home prices were 19% higher in November 2016.

Destin townhomes continue to be a huge draw for both mid-price and luxury buyers. Where else can you get a virtually maintenance-free home in a prime setting close to or directly on the beach. All About Townhomes in Destin & the Scenic 30A gives you a quick snapshot for the local townhome market along with a list of top selling properties.

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