Destin Real Estate News and Blog - Destin real estate market

Happy Home Sellers in Destin, Florida

I don't remember when I've ever seen so many smiling home sellers. The upward trend to Destin real estate has continued into September. Homes are selling quickly, and many with multiple offers. Here are a few of the featured sales in late summer of 2020.

UNDER CONTRACT in 3 Days!
47 Tranquility Lane, Destin, FL 32541

This six-bedroom home in the prestigious Destiny East is a renter's dream. Fully furnished with deeded beach access, elevator, pool and just steps from the Gulf of Mexico. Gross annual rental projections exceed $250,000+. If you're looking for a similar investment rental, we can help, just contact us at (850) 325-0004 for more information or search current listings for Destin investment homes or Destin investment condos.

UNDER…

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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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March/April 2020 Homes Sales for Destin Real Estate

The demand for Destin home sales this March and April/2020 has proven that real estate is indeed an essential service in Florida. Congratulations to these recent home buyers and sellers who helped to sustain the real estate market during the COVID-19 Pandemic. 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.

Under Contract! Crystal Beach Home on the Gulf

Nantucket Cottages in Crystal Beach is a popular Destin community, especially for investment rentals. Loaded with new upgrades, this home is ready to start making money.

Under Contract in 11 Days - New Build in Destin, Florida

This 3-bedroom home in Destin is still under construction and…

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2019 Market Trends for Destin & the 30A, Florida

How Did the Destin & 30A Market Perform in 2019?

These are the 2019 market trends for real estate sales in Destin and the 30A. We've broken it down by:

• Condo Sales Summary
• Top Selling Condos
• Single-Family Home Sales
• Top Selling Neighborhoods
• Townhome Sales
• Beachfront Home Sales
• Beachfront Condo Sales

2019 Condo Sales for Destin & 30A

The number of overall condo sales in the Destin and 30A area had a slight decrease (-9%)) in 2019, along with Average Sale Prices (-3%). Still condos sold for a strong 96% of their asking price. However this dip was only temporary, as of the end of January, 2020, the market showed a marked recovery with a 29% increase in the number of condos under contract and selling for an…

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2019 Top Selling Communities in Destin & 30A, Florida

These Were the Most Popular Destin & 30A Communities in 2019

The info below spotlights the 2019 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, 2019

4,520 single family homes sold

Average sale price was $590,677

Average Sqft: 2,204

Average Days on Market: 73

Highest Sold Price: $8,995,000 for a Gulf front Seagrove beach house located very close to the Seaside community. At 4,446 square feet with 4 bedrooms and 6 baths, this is the epitome of a Florida beachfront estate home. Boasting elaborate finishings such as Italian stone floors and an elegant custom staircase, this was a special…

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Value Based Searching When Purchasing a Home

Search By Value Over Price and Expand Your Home Buying Options

Destin Home and condo prices showed hearty increases last year, but that trend has leveled off slightly. As a result the market is saturated with over priced homes waiting to sell. How can you as a new buyer take advantage of this? Search by value over price.

Every real estate market has its opportunities. Value based searching is a way for buyers to take advantage of the current real estate climate in Destin and the 30A. It's also the perfect strategy for getting more home than you planned on.

How To Get More Home Than You Budgeted For

When searching for a home, buyers generally define their budget, and then begin searching within that bracket. For instance, perhaps you've…

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Top Selling Destin & 30A Communities in 2018

What Were the Most Popular Destin & 30A Communities in 2018?

The info below spotlights the 2018 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, 2018

4,153 single family homes sold

Average sale price was $600,227

Average Sqft: 2,241

Average Days on Market: 82

Highest Sold Price: $10,750,000 for a Seagrove beach house, 6,462 square feet  with 7 bedrooms and 10 baths. The home sat Gulf front with an elegant outdoor entertainment area with pool and private walkover to the beach. The 3 story, with elevator, was sold completely furnished.

Top Selling Subdivisions by Price

These are…

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2018 Real Estate Stats for Destin & the 30A, Florida

How Did the Destin & 30A Market Perform in 2018?

Here are the 2018 year-end real estate stats for homes and condos in Destin and the surrounding Emerald Coast. Find out which areas were hot sellers for condos, homes and townhomes and, where did prices go up, or down.

2018 Condo Sales for Destin & 30A

The number of overall condo sales in the Destin and 30A area increased by 7% in 2018. Average sale prices went up 15% and homes sold about 96% of their asking price. Some of the biggest gains in overall number of homes sold were in Destin (+19%), Navarre (+15%) and Miramar/Sandestin Resort (+10%).

Average sale prices for condos in 30A West jumped by 77%, 37% in 30A East and 16% in Miramar/Sandestin Resort.

Top 10 Selling Condo…

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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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