Destin Real Estate News and Blog - Sandestin Real Estate

YTD Market Stats for Destin & the 30A - August 2018

The past few months have been steady for real estate in Destin, the 30A and surrounding Miramar Beach, Sandestin Resort, Niceville and Fort Walton Beach. We haven't seen the usual slow-downs that normally accompany the summer season. New listings for homes, condos and townhomes are all up, including the sales stats. Properties in Destin and the 30A have been selling for about 97% of their list price in a reasonable amount of time. Recently, we had a condo go under contract after only 6 days on the market.

See below for:

• Top Destin & 30A Condo Sales by Volume
• Top Destin & 30A Condo Price Increases by Area
• Top Destin & 30A Home Sales by Volume
• Top Destin & 30A Home Price Increases by Area

The numbers below reflect single-family home…

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Destin & 30A Real Estate Stats - YTD 2018

Here are the Destin and 30A real estate stats for the period covering January to June 2018. You'll find a comparison to the same period last year.

2018 YTD Condo Sales for Destin & 30A

Destin condo sales increased by 24% with a 5% increase in Average Sales. The new Henderson Lofts has really taken off with 34 sales during this time period. Holiday Surf & Racquet, Silver Shells and Sterling Shores.

Condos in Miramar / Sandestin Resort showed a 21% increase in Number Sold and a substantial 20% Price Increase. Popular properties included Alerio, Amalfi Coast Resort, Ariel Dunes, Grand Dunes, Luau I & II, Tides at Tops'l and Tops'l Beach Manor.

Condos in 30A East were slightly lower in number, -3% from last period, but prices have…

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2018 Year to Date Market Snapshot for Destin & the 30A

It's been a busy spring for real estate in Destin, the 30A and surrounding Miramar Beach, Sandestin Resort, Niceville and Fort Walton Beach. We've got a good supply of inventory, but could always use more. Prices in most areas have increased since the same time in 2017 as well as the number of sales.

Here is a quick snapshot of 2018 year to date condo and single-family home sales and price increases in Destin and the 30A, along with the areas with top results. Whether you're buying or selling, this will give you an idea of where real estate is hot right now.

Year to Date Condo Stats for Destin & the 30A

Top Condo Sales

Condo sales were up 32% overall, with huge increases in most areas. Some of the top producers were:

• 30A East: 49%
…

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Destin & 30A Top Selling Neighborhoods - 1st Quarter 2018

These are the hottest selling neigborhoods in Destin and the Emerald Coast from January to March 2018. Similar to last quarter, Watersound, Prominence and Watercolor remained in the top three. Overall, the volume of sales is similar to the same time in 2017, with sale prices increasing an average of 3%. Click to view  more Destin & 30A Real Estate Stats - 1st Quarter 2018.

1. Watersound

Watersound continues to lead the pack with ultra-luxury homes in Watersound Beach, and a variety of price points in Watersound Origins. This community appeals to those seeking both established homes or lots with custom opportunities. View all listings in Watersound

2. Prominence

The triplex townhomes in Prominence continue to attract buyers. The interiors…

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Destin & 30A Real Estate Stats - 1st Quarter 2018

Thinking of buying or listing a home or condo in Destin or along the 30A? The following stats show you the top selling markets, overall sales stats comparing the 1st quarter in 2017 vs 2017, and where we've seen the highest price increases.

2018 1st Quarter Condo Sales for Destin & 30A

Condos in the Destin and 30A area saw more substantial increases with a 21% gain overall in average condo prices. Several areas saw huge price increases including: 30A East (+71%), 30A West (+35%), Miramar/Sandestin Resort (+31%), and Niceville (+13%). There were 500 condos sold in the first quarter 2018 for an average 96% of list price.

The highest price condo sold was $2,200,000 in Sanctuary by the Sea.

Check out our blog post "2018 Top Selling…

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Destin & 30A Real Estate Report - 3rd Quarter 2017

Real Estate Sales in Destin and along the Emerald Coast remained strong during the third quarter. Inventory is at historically low levels leaving many buyers waiting for new properties to be listed. Destin and 30A home and condo prices have increased in almost all markets.

Destin & 30A Condo Sales

Condo sales in Destin & the 30A were up 7% in the 3rd quarter, compared to 2016. The average sale price increased by 9% overall. Notable areas included Miramar/Sandestin Resort (+10%), Destin (+14%), Niceville (+20%), and 30A East  (+31%).

There were 71% fewer active listings this quarter, whatever people were listing, was selling quickly.

Hot Selling Condo Properties

Destin

• 1900 Ninety Eight
• Harbor Landing
• Islander Condo
• One…

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Emerald Coast Real Estate Stats - January - May 2017 vs 2016

Real estate sales along the Emerald Coast, including Destin and 30A Highway has been especially active this year. From January until the end of May 2017 we've seen steady increases resulting in higher sales, compared to the same period in 2016.

Here are the stats for Single-Family Homes, Condos and Townhomes:

Emerald Coast Single-Family Homes

The Emerald Coast single-family home market saw an increase of just 7% overall. Homeowners seemed content to remain where they were, as there was far less inventory then in 2016. Whatever went on the market has been selling quickly for an average of 97% of the asking price.

The Freeport single-family home market saw a huge 52% increase this year. Other top selling areas include 30A East (23%) and Destin…

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Destin & 30A 1st Quarter 2017 Market Stats

Condo & Townhome Sales in Destin & 30A

Overall, the first quarter in 2017 had favorable results with Gulf Coast townhomes up 17%, and condos up 32%, with Destin selling 28% more condo real estate than 2016. Townhome sales were huge in Fort Walton Beach (up 34%) and Miramar/Sandestin (up 150%).

Single-Family Home Sales in Destin & 30A

Single-family homes on Florida's Gulf coast were up 9% in the first quarter 2017, with huge gains in 30A East (up 40%), and Destin (up 23%).

30A Luxury Home Sales

Rosemary Beach luxury home sales proved the front runner for 30A neighborhoods with an impressive 1st quarter result. Fourteen homes homes sold, an increase of 27% from 2016, and an average sale price of $2,686,250.

Watersound home sales…

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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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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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