Destin Real Estate News and Blog - Destin Realtor

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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Congratulations to Our November Home Buyers and Sellers

This was a busy November, with everyone anxious to conclude their real estate business before Christmas. Congratulations to all the clients we were able to help last month. Especially happy were the sellers at 222 Skyline Circle in Crestview who sold in 6 days for 100% of their asking price. Or the home in Driftwood Estates in North Santa Rosa Beach that sold in just 11 days!

There was a variety of sales ranging from $1,700,000 for a beachfront condo in The Ultimate, to $124,900 for an immacculate 3 bedroom home in Winding Creek Estates in Crestview. For us it's important that everyone is happy and treated fairly.

Enjoy the holiday season in your new homes!

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Destin Market Summary - October 2016

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 New Summer Home Buyers!

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."

Sold 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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Destin Market Summary - September 2016

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

72 single-family…

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Destin Real Estate Update - July 2016

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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Real Estate Nightmare

This real estate nightmare involves two sales of the SAME HOME on the SAME DAY, combined with some sloppy paperwork by the Title Company. Subsequently, the whole thing fell apart, just like a house of cards.  I'm not trying to scare anyone, but really felt that this story needed to be told. It's something that home buyers, sellers or other agents need to be aware of.

The First Deal

After looking at several Destin homes, enduring inspections, appraisals, and lender related delays, our buyers were excited about closing on their new home last Friday. Everything went smoothly as buyers and sellers both signed their respective paperwork, the lender authorized funding, and the title company began disbursement.

We picked up our check on the following…

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Destin Real Estate Update - June 2016

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

Although 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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