Destin Real Estate News and Blog - Destin Waterfront Homes

Destin, Florida Real Estate Trends: January 2022

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…

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Destin Pointe Furnished Home - Ready to Rent, or Just Enjoy!

This home is completely furnished, is situated steps from incredible beaches or the Destin Harbor. It's also ready to rent, or keep just for yourself.

NOW UNDER CONTRACT! Home in Exclusive Destin Pointe, Destin, Florida

3596 Waverly Cir, DESTIN, FL – $1,275,000 | MLS #889130

Browse other homes for sale in Destin Pointe, or let us know if you'd like to be put on a waiting list to be notified when a similar listing comes on the market.

Quick Facts

• 2,679 square feet: 3 Bedrooms, 3 Baths (2 full, 1 half)
• Furnished
• 3-stories with 4 balconies
• Gated
• Waterfront: Lake
• Waterview: Gulf, Lake
• 2 Covered Garage Space
• Short term rentals allowed
• Inground pool
• Air-to-Air Heat Pump
• Sprinkler System
• Multiple beach accesses,…

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2021 Destin & 30A Real Estate Sales Report

2021 Property Values Continue to Climb in Destin & 30A

2021 was an aggressive year for buying and selling real estate in Destin, the 30A and surrounding Florida Gulf Coast. Buyers were faced with high prices, a leaner choice of inventory, and bidding wars. The offers with fewest contingencies and often higher than asking price were often the winners.

Home and condo sellers in 2021 saw their property values increase beyond the norm. They often reaped the benefits of a quick sale that was close or over their asking price. They also faced the challenging prospect of finding a new place to live, in a difficult market. 

2021 brought significant increases to the Destin, Florida real estate market and surrounding Gulf Coast:

• Sales Volume was…

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From Bay to Gulf, Featured Waterfront Condos for Sale in Destin, Florida

From bay, to harbor to Gulf, we've got some waterfront condos in the Destin area that you need to see. Most of these are furnished and ready for you to move in and enjoy. Many also accept short term rentals, and would make exceptional investment rental properties. 

REDUCED! Waterview Towers Yacht Club - Where the Bay Meets the Gulf!

200 Gulf Shore Drive, Unit 223, Destin, FL 32541
MLS #885034 | $1,675,000 

View listing here, or browse other condos for sale in Waterview Towers Yacht Club

Quick Facts

• 2,610 square feet: 3 Bedrooms, 3 Baths
• Furnished
• Gated
• Waterfront: Gulf/Pass
• Waterview: Gulf, Gulf/Pass, Harbor
• 1 Covered Garage Space
• Short term rentals allowed
• 1-Story unit on the 2nd Floor
• Beach access, community…

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Keys to Success in the Destin 2021 Real Estate Market

2021 has absolutely started with a bang in the Destin real estate market. We're seeing extremes like never before. Where buyers may have demonstrated some hesitancy in 2020, this year they're all in and showing up in droves. Homes and condos in the Destin area are remaining on the market just an average of 69 days before selling - 62% less time than in 2020!

The Average Sale Price has increased by 43%, depending on the property type. Overall Sales is up 100%. Although the Number of listings have increased by 40%, the Total Active properties are down -21%. While buyers are coming forward, sellers are still sitting on the fence. As a result, inventory is at an all time low, with supply not meeting the demand.

At the time of this writing there were…

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2020 Top Selling Beachfront Condos in Destin & the Florida Emerald Coast

2020 brought us record numbers for beachfront condos sold in Destin, the 30A and surrounding Florida Emerald coast.  These properties are situated so close to the Gulf of Mexico that the only thing separating you from the soft, white sand, is a beach walkover. This is prime Florida real estate, destined to hold its value for years to come. Many of these waterfront condos have proven vacation rental income, providing turn key investment opportunities. Others, see this as the ideal warm, sunny, office space for those now working from home. If you've never experienced a Gulf front condo lifestyle, maybe it's time to give it a try.

Destin Beachfront Condos - Quick Stats for 2020

How many beachfront Condos were sold in 2020 in the Destin area?

#…

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2021 Emerges With a Strong Seller's Market on Florida's Emerald Coast

2021 real estate in Destin and the surrounding Emerald Coast has one of the most active seller's markets we've seen in years. We're seeing a lot of interested buyers purchasing from out of state. As "work from anywhere" has become the norm, many are seeking a sunny, beachfront in-home office to work from. Others are just taking advantage of the great interest rates.

For the period of January, 2021 we saw the following Percent of List rates and Average Sale Prices:

Townhome or Attached Residences:
Percent of List: 99%
Average Sale Price: $418,352 - a 38% increase from 2020

Condos:
Percent of List: 97%
Average Sale Price: $494,404 - a 28% increase from 2020

Single-Family Homes:
Percent of List: 98%
Average Sale Price: $640,529 - a 31% increase from…

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2020 Market Trends Reviewed for Destin & 30A

Good News for Destin & 30A Real Estate Sales in 2020

The 2020 real estate market in Destin and the 30A performed far better than most would have thought. 2020 was a tough year, but folks prevailed as life went on along the Emerald Coast in Florida. The successful buyer in 2020 had done their homework, were patient, diligent, and made strong and confident offers when they found what they wanted. That will be the standard in 2021 as well.

There were two big contributors to a successful real estate market in Destin and the 30A in 2020:

1. Demand for Coastal Properties

We saw demand for coastal area properties surge post covid as companies transitioned to a more "work from anywhere" approach with employees seeking more tax favorable…

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Hottest Selling Destin & 30A Communities in 2020

Most Popular Destin & 30A Communities in 2020

The info below spotlights the 2020 real estate market for single-family homes in Destin, the 30A and surrounding Emerald Coast. See hottest selling subdivisions and average sale prices.

Quick Facts From January 1 to December 31, 2020

7,546 single family homes sold

Average sale price was $679,804

Average Sqft: 2,303

Average Days on Market: 65

The highest selling priced home in 2020 was $16,100,000 for a beachfront home known as "Casa Lauren" in Miramar Beach. This 6 bedroom, 9 bath home measures 13,000 square feet and sits on 2.42 acres. 135' of pristine white, sandy beach is all that stands between you and the Gulf of Mexico.

Top Selling Subdivisions by Price

These are the…

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Exciting New Townhomes in Destin, Florida

New Townhomes in Destin, Florida

We're seeing some exciting new Destin townhomes being constructed in the last year or so, in all different price ranges and appealing to many lifestyles. Henderson Beach Villas is an amenity-laden, beachfront townhome on the Gulf of Mexico. Tuscan Village, Destin Oaks and Mikstakel Townhomes offer convenient, central Destin locations. The Brownstones at Kelly Plantation feature the ultimate golf course townhome, spacious and nestled in a scenic locale overlooking Choctawhatchee Bay. No matter what type of Destin Townhome you're looking for, there is something here for everyone's tastes.

Henderson Beach Villas
2732 Scenic Hwy 98, Destin, FL 32541

One of the most exciting Gulf front townhomes we've seen in awhile…

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