Emerald Coast Condo Price Comparison for August
Posted by Tim Shepard - Broker on
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.
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We researched online and polled past clients to find out what features they would consider deal breakers while viewing a house. Keep in mind that everyone has different opinions and a deal breaker for one person might be an inconvenience for another. Still, if you're selling a home, you might find some of these points helpful.
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.
Destin home sales in May 2016 reflected an active market with almost $30,000,000 in sales volume. The average price was $596,972 and houses closed at an impressive 94% of selling price. Sales of luxury homes on 30A have been red hot with median prices approaching $2,000,000 in both Rosemary Beach and Seaside. WaterColor was extremely popular with 55 homes sold at a median price of $1,275,000. WaterSound came in at a close fourth with 37 sales averaging only 97 days on the market and closing at 98% of the asking price.
What Are the Most Important Features to Home Buyers?
During peak seasons, including spring break and April, experienced Destin Realtors understand that vacation homes and condos must be shown to buyers between 10:00 am and 2:00 pm. This time frame, called the "turnover", is when the property is vacant as last weeks guest leave and next week's new renters arrive.