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Destin Real Estate Update - Q1 2014

Posted by Tim Shepard - Broker on Wednesday, April 9th, 2014 at 12:00am.

Destin Golf Course HomeSales numbers for the first quarter of 2014 for all Destin Real Estate are in.  Destin is an upscale beach community in Northwest Florida, also known as the Emerald Coast, that is very popular with tourists and those looking to enjoy resort lving.  The original settlers in the area took advantage of the abundant fishery located off the Destin coast and made their living by fishing.  Gradually, the white sandy beaches and turquoise waters attracted pleasure seekers looking to relax and take in the scenery. In the early 1970's the area had become so popular that a local developer built the first high rise condo in Destin. Today, real estate in Destin is complex and includes transactions involving homes, condos, and lots.

Destin Homes

There are many fine homes in Destin. Golf Course Homes are normally found in Kelly Plantation, Regatta Bay, Indian Bayou, and Emerald Bay. These neighborhoods are mostly gated, have community swimming pools, tennis courts, and fitness quarters.  There are also Destin bayfront homes in each of these communities with boat slips and dockage that will accomodate a variety of boats.  Crystal Beach and Holiday Isle are great choices if you want to live closer to the beach while the western part of Destin features a variety of residential homes suitable for every budget, lifestyle, and preferene. Whether you want a beachfront, bayfront, or golf course home in Destin, you won't be disappointed.

Destin Homes Sales for the first quarter of 2013 and 2014 can be compated below.

            #Sold  Average Price  % Sales/List Days on Market 
2013 90 $513,634 94% 141
2014 67 $441,284 96% 126

Destin Condos

The condominium market in Destin is very strong and offers buyers choices that inculde beachfront, golf course, bayfront, and harborfront.  One Water Place Golf Course Condos are the most popular choice for those that like to look at manicured fairways and greens.  Waterview Towers, the Ultimate, and Grand Harbor are all great Harborfront Condos in Destin.  Each provides boatslips, swimming pool, covered parking and easy acces to the Gulf of Mexico via the East Pass.  Destin Luxury Beachfront Condos can be found at places like Signature Beach, Silver Shells, Villa Coyaba, and the Dunes of Crystal Beach.

Destin Condo Sales for the first quarter of 2013 and 2014 can be compared below.

        #Sold Average Price  %Sales/List Days on Market
2013 110 $322,111 93% 184
2014 77 $364,431 94% 161

Destin Lots

As each year passes, the number of vacant lots in Destin gradually disappear.  While some prefer to buy an existing home, others want the customization and involvement that can only be found by purchasing a Destin Lot to build on.  Holiday Isle Lots are typically on the beach, harbor or a canal and are especially attractive because of their proximity to the East Pass and the Gulf of Mexico.  If golf course living is your preference, then Kelly Plantation, Regatta Bay, and Indian Bayou are good choices.


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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