Read Real Estate Stats for the Emerald Coast, Destin & 30A Highway

Here are the top producing condos in Destin and the Scenic 30A for November. The big sellers for the month, with 3 sales or more included: Waterscape, Barrett Square in Rosemary Beach, Grand Sandestin, Destin Gulfgate, Amalfi, Sandpiper Cove, Gulf Terrace and the big winner, Seascape. For a more complete list from the beginning of the year, check out Top Condo Sales by Volume - Scenic 30A & Destin Area.

top condo sales for November in Destin and 30A

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Townhomes in the Brownstones at Kelly PlantationHave you ever considered buying a townhome? In the Destin and Scenic 30A area there were 1,773 listings sold in the last three months. Townhomes made up 10% of these sales, behind single-family homes and condos.

Destin Townhomes differ from condos in a very specific way. With a condo, you share ownership of the roof, the underlying ground, and other common areas. With a townhome, you own the ground up to and including the roof. The only thing you share in a Destin townhome with your neighbor is the wall that separates you and any common amenities such as pool or tennis courts.

Destin townhomes offer a low maintenance lifestyle without sacrificing the space one is used to in a single-family home. Sizes range from cozy patio homes under 1000 sq. ft.…

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Sales in Destin and along Scenic 30A remain brisk as we enter fall. While units sold declined slightly, total dollar volume of sales increased. Inventories are near an all time low and we are seeing upward pressure on prices.

The next 8 weeks represent the seasonally best buying opportunity of the year. Most are focused on the holidays allowing savvy buyers an opportunity to negotiate with more anxious sellers.

For those taking advantage of this prime time of year for buying, we've included some tools to assist with your search. Secrets to Buying a Profitable Condo Rental, is worth a read, especially for anyone considering a possible rental investment. Spotlight on Seagrove Beach highlights a less commercial area of the Emerald Coast, perfect for a…

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Congratulations to these new home and condo owners in Destin and Fort Walton Beach. If you're new to the area, "welcome," you're going to love it. We're happy to help you find the perfect place to call "home."

Destiny East beach home, Destin FLSold by Tim for 99% of the asking price in under 3 months!

$1,274,000 | MLS #752725
47 Tranquility Lane, Destin, FL 32541
New construction home in Destiny East.

Sold for 93% of the asking price by Niki.

$500,000 | MLS #724321
830 Gulf Shore Dr #5064, Destin FL
This beachfront condo in Tides of Destin was listed with another office for 505 days, when Niki discovered it and presented it to one of our clients.

Sold by Tim for 93% of the asking price in under 2.5 months!

$475,000 | MLS #754965
8541 Turnberry Court, Miramar…

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Here is the latest summary of the Destin real estate scene for September 2016. This gives you a snapshot of home, condo and land sales in Destin FL and the surrounding Emerald Coast.

Total residential sales for Destin and the surrounding towns were $267,488,702 with an average sale price of $432,830. Properties averaged only 123 days on the market with a closing price of 96% of the asking price. This was a robust September market, that sold more single-family homes and townhomes then the same time in 2015. Condo sales were down slightly, but prices increased 11%.

Strong September performing areas included:

  • Fort Walton Beach: 141 sales
  • Navarre: 122 sales
  • Destin: 85 sales
  • Niceville: 79 sales

Destin Home Sales

Destin real estate update72 single-family…

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Perhaps you're considering purchasing a condo on the Emerald Coast, maybe for an investment, but you're not sure where. With so many places to choose from, sometimes it's hard to know where to begin. This graph below shows the average condo sale price for August 2016 in these popular areas along the Emerald Coast. It also shows the comparable price from August of 2015, so you can see just how your investment would have fared.

Notice, real estate along 30A West and the Miramar Beach, Sandestin Resort areas showed the most gains. 30A East and Navarre, showed some depreciation. This is only for one month, we'd be happy to send you updates for sold listings, or a monthly report of the stats in desired areas.

 

Average sale prices for condos in August 2015

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This Destin real estate update for July 2016 gives you a snapshot of home, condo and land sales in Destin FL and the surrounding Emerald Coast.

When summer rolls around, rental season kicks into full gear and sellers are less willing and less negotiable to sell.  Buyers don't seem to notice too much though, as their attention turns to outdoor activities and our beautiful beaches. That being said, residential sales in the Destin area totaled $351,547,336. The average sale price was $372,008 and real estate averaged only 111 days on the market. The average seller received 95% of their asking price.

Strong July performing areas included:

  • Navarre: 159 sales
  • Fort Walton Beach: 149 sales
  • Crestview: 112 sales
  • Miramar/Sandestin: 95 sales

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Spotlight on Watercolor FL real estate in July 2016WaterColor - A Reliable Investment

Real estate in WaterColor has consistently been a top performer along the Emerald Coast. Since the beginning of the year, 74 homes were sold for 94% of their asking price and after an average of 122 days on the market. 20 homes sold in under a month.

WaterColor remains a solid area for investment real estate, with a large percentage of properties either used as full or partial vacation rentals. Many year round residents still supplement their income by renting on site carriage houses, separate from the main residences.  

While some seek investment return, others just "Want what they Want". WaterColor is simply a beautiful place to be. The recreation facilities and amenities are superb, and you'll never miss a…

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Santa Rosa Beach is an unincorporated community that encompasses several smaller communities between Choctawhatchee Bay in the north and the Gulf of Mexico in the south. Point Washington and Grayton Beach act as eastern borders, and Miramar Beach borders to the west.

Real estate in Santa Rosa Beach includes a nice cross-section of bayou or bayfront homes in the north and beachfront treasures in the small Gulf towns along the Scenic 30A Highway in south Santa Rosa Beach.

The stats below represent total sales for June 2016 of Santa Rosa Beach homes, condos and other property types. Notice that single-family homes numbers are quite high, this property type dominates especially in the northern communities close to the bayou and Choctawhatchee Bay.

 

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This Destin real estate update gives you a snapshot of home, condo and land sales in Destin FL and the surrounding Emerald Coast areas for June, 2016.

Destin Home Sales

Destin real estate updateAlthough slightly down from May, Destin home sales in June 2016 reflected an active market with almost $23,000,000 in sales volume. The average price was $658,345 and houses closed at an impressive 93% of asking price. 708 single family homes were sold in the Emerald Coast area for a total volume of $285,426,540. The average sale price was $403,145 with homes selling an average 98% of their asking price.

Luxury homes were hot along Scenic 30A with the highest median home price at $2,475,000 in Alys Beach, followed by $1,522,500 in Rosemary Beach and $860,000 in Watersound.

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