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Destin and 30A real estate market report 2021

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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2021 Beachfront condos in Destin and 30A

Beachfront condos on the Florida Gulf coast continue to be among the most sought after properties in the Destin and 30A surrounding area. Award-winning beaches and sunny weather make the Gulf Coast a prime vacation destination. Whether you're seeking a permanent residence overlooking the Gulf of Mexico, a family vacation getaway, or an investment rental, the market is ripe with opportunity. Many of these beachfront condos come furnished with established vacation rental income, providing turn key investment opportunities.

This is your ultimate guide to beachfront 2021 condo sales in Destin or the Emerald Coast. Below you'll find:

Beachfront Condo List

One of the most extensive lists of beachfront condos for Destin and the surrounding 30A. Get…

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

2020 market trends in Destin, 30A & the Emerald Coast, Florida

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 Condos in Destin and the 30A Area for 2020

2020 Top selling condos in Destin and the 30A, FL

Quick Condo Facts From January 1 to December 31, 2020

# of Condos Sold: 2,515

Average sale price was $475,199

Average Sqft: 1,268

Average Days on Market: 106

Highest Sold Price: The highest price for a condo sold in the Destin area was $4,750,000. Selling in just 18 days, this 4-Bedroom, 5-Bath turn-key villa at Thirty-One on 30A, Santa Rosa Beach, Florida and boasts unobstructed Gulf of Mexico and beach views.

 

Top Selling Condos by Price

This list is derived from the top selling condos in 2020. Sorted by price range, you'll find listings for most budgets: from $300,000 to over $1 million. At a glance, this gives you an idea of the most popular Destin and 30A…

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Summer solds for Destin Real Estate

"Optimistic" is the best word I can use to describe this past summer season. The period from July to September 2020 has produced some record sales numbers for Destin Real Estate. In spite of the challenges that we've been faced with in 2020, these stats reflect a sense of optimism. Faced with adversity of "pandemic proportions", people are still moving forward with their lives.

The team at Destin Real Estate would like to thank these brave home buyers and sellers, and congratulate them on their new home purchases.

 Don't hesitate to contact Tim, or any of the team at Destin Real Estate to set up a private viewing of any Destin or nearby homes that interest you.

SOLD! in Under 30 Days

These homes were sold after being listed less than one…

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Spring home sales by Destin Real Estate

The team at Destin Real Estate is happy to congratulate these Spring home buyers and sellers on their new purchases and sales. After a stressful few months, the restraints on the market were lifted and it was back to business as usual in the Destin market. You'll notice from the "Days on Market" that these Destin and surrounding Emerald Coast listings weren't on the market for long.

The following Destin area homes and condos have either been "Sold" or accepted "Under Contract" in the last 2 months.

 Don't hesitate to contact Tim, or any of the team at Destin Real Estate to set up a private viewing of any Destin or nearby homes that interest you.

SOLD!

SOLD! Gulf Terrace Condo in Destin, FL 

4000 Gulf Terrace Drive 150, Destin, FL…

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Waterfront home in Destin and the Emerald Coast, Florida

The timing couldn't be better to purchase a Florida investment property in Destin or the surrounding Emerald Coast.

Now that vacation rentals in the Destin area are once again open for business, we're starting to see a huge demand for these properties. In fact, the number of new condo listings from the beginning of May to June 15, 2020 is already 7% higher than the same time in 2019. People are starting to list again and the buyers are coming out of the woodwork.

Average sale prices are up by 10% for condos and 16% for single-family homes. Interest rates are at all time lows. It's a win/win for both buyers and sellers of Destin homes and condos.

- Buying an Investment Rental Home
- Buying an Investment Rental Condo

Top Selling Home & Condo…

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What Are the Top Selling Condos in Destin and the 30A?

2019 top selling condos in Destin

Here are the condo market highlights for Destin, the 30A and surrounding Emerald Coast from January to May 2019. See below for last year's hottest selling Destin area condos and average sale prices. This is a handy little tool for anyone considering a condo sale or purchase in the Destin area.

Quick Condo Facts From January 1 to May 31, 2019

# of Condos Sold: 801

Average sale price was $418,388

Average Sqft: 1,234

Average Days on Market: 114

Highest Selling Price: $4,050,000

Sold for $4,050,000 -  a brand new 3 bedroom condo in Thirty One on 30A Condominiums in Santa Rosa Beach, Florida. New construction condos on the Emerald Coast are increasingly popular choices, and…

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 Island Echo condo

Perfect Example of the Ideal Investment Condo Rental

This picture perfect Island Echo condo in Fort Walton Beach went under contract in just 5 days. Congratulations to our buyer who has just what they were looking for. I'm certain the seller is also pleased that their condo sold so quickly.

This property had everything you could want in an investment rental:

  • Priced right for the market
  • Beachfront with incredible views
  • Has a strong history of rental income with the potential to increase
  • Building has good choice of amenities
  • Turnkey property that's rental ready

 We Can Help

These types of Destin area investments are in big demand and when listed don't last long. If you're in the market for an investment rental, let us…

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These are the Top Selling Condos in Destin, 30A and Surrounding Area

Here's a summary of the 2018 YTD condo market in Destin, the 30A and surrounding Emerald Coast. See below for an extensive list of the hottest selling Destin condos for sale and average sale prices.

Quick Facts From January 1 to October 31, 2018

# of Condos Sold: 2,007

Average sale price was $462,898

Average Sqft: 1,295

Average Days on Market: 129

Highest Sold Price: The highest price for a condo sold in the Destin area was $5,500,000. The list price was $4,250,000! This was a brand new, 5 bedroom, 5 bath penthouse at Costa Blanca on 3oA west.

 Costa Blanca condo on 30A

Top Selling Condos by Price

These are the most popular condos YTD, based on number of sales. Listed by price…

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