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Sandestin Real Estate Update | Q1 2014

Posted by Tim Shepards on Thursday, April 3rd, 2014 at 12:00am.

Sandestin Real Estate

For those that prefer variety, the Sandestin Beach Resort may be what you are looking for. This paradise has four championship golf courses that are flanked by the white sandy beaches of the Gulf of Mexico and the Choctawhatchee Bay. The entire resort exudes quality and prestige from every angle, enticing those who visit, to return again and again. The lush and tropical landscaping that greets visitors, opens to reveal meticulously manicured common areas along the roads that lead to distinctive Sandestin Real Estate.  The forward thinking developers of this tropical oasis have established a legacy that continues to thrive.

Sandestin Homes

There is a home for every desire in Sandestin.  Some of the finest luxury homes along the Emerald Coast can be found in Burnt Pine, This gated community has estate sized lots that boasts homes finished to the creative limits of some of the most accomplished designers in the country. Others may prefer the cottage homes found in the Bungalos, Laurel Grove, or Prestwick Place. Smaller, but finished nicely, these homes make perfect second homes and vacation getaways.  Each has a community swimming pool and tram service to take owners and guest to the beach and other points within Sandestin.

The number of Sandestin Homes that closed in the first quarter of 2014 declined from 42 to 23 (46%). This is primarily attributed to the wetter and cooler than normal weather that we had during February and March.  The number of Sandestin Homes for Sale incresase slightly by 11 units and buyers were abole to negotiate about 3% off list. The complete data is shown in the table below.

         Homes Sold  Avg. Price  %Sales/List  Days on Market 
2013 42 $637,588 93% 127
2014 23 $622,851 97% 154

Sandestin Condos

Condo dwellers will love the choices of Sandestin Condos for sale. The beachfront complexes of Westwinds, Beachside, and Southwinds are range in size from 1br units to spacious penthouses.  All properties have gated entry, fitness facilities, and private swimming pools.  These properties provide expansive and panoramic views with the convenience of shared mainteance of common areas.  Equally as impressive are some of Sandestin's bayside condos including the Anchorage, Grand Harbour, and Vantage Pointe. For those that prefer the convenience of shopping and dining, the village properties of Grand Sandestin, Observation Point, Lasata, and Elation of great options.

Like Homes, Condo sales declined from 41 to 34 units when compared to the first quarter last year while the number of Sandestin Condos for sale declined by 13 units. Buyers were able to negotiate approximately 6% off list prices.

       Condos Sold Avg. Price % Sales/List Days on Market 
2013 41 290,000 93% 158
2014 34 328,313 94% 153

Around Sandestin

In addition to the fine homes and condos in Sandestin, there are a variety of interesting activitities and amenities within the resort.  The full service marina docks some of the largest yachts along the Emerald Coast as well as fishing and pleasure boats.  Don't own a boat? No problem, rentals are available.  The marina also sells live bait, beverages, and snacks.  For those wanting something more vigourous, the tennis center is world class. Just make sure to reserve space in advance. When peace and quiet are on order, enjoy walking or jogging along the miles of paths that traverse the gorgeous landscape.

Sandestin also hosts several key events during the year. Enjoy activities such as the wine festival, Blue Marlin Tournament, and Jazz festival.  Just check a local calendar for dates and times.  Sandestin certainly has an activity, home, or condo for every lifestyle.

Sandestin Marina


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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