Destin Real Estate News and Blog - Destin real estate stats

Destin, Florida Real Estate Trends: March 2022

Spotlight on the Destin Market for March 2022

Here is a quick snapshot of the March 2022 real estate market in Destin, Florida and the surrounding Gulf Coast.

Destin Market Summary - March 2022

March 2022 has proved to be a busy sellers market for Destin and 30A real estate. Buyers aren't squabbling over prices with homes selling for list or just over the asking price. In March, Average Sales Prices were still going up (14%). Inventory is still a challenge with 15% fewer new Active Listings then the same time last year. Areas where we are seeing a substantial increase in the number of sales over last year are 30A West (+11%), and Freeport (+32%).

March 2022 Single-Family Home Sales - Destin & 30A

Single-Family homes in the Destin…

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Destin, Florida Real Estate Trends: January 2022

What's Happening in the Destin Market This January

This is a quick snapshot of the January 2022 real estate market in Destin, Florida and the surrounding Gulf Coast. Listings aren't sitting on the market for long. Our office has had several sales in January that were on the market less than a week.  Listings sold in Crestview and Fort Walton Beach remained on the market for less than a month. Over 50% of the beachfront condos sold were on the market for less than a week.

Destin Market Summary - January 2022

January 2022 Single-Family Home Sales - Destin & 30A

Home sales are down slightly, but prices are up 17% from January 2021. If inventory levels would improve, sales would probably be through the roof. Search all homes for sale in…

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2021 Destin & 30A Real Estate Sales Report

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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2020 Top Selling Beachfront Condos in Destin & the Florida Emerald Coast

2020 brought us record numbers for beachfront condos sold in Destin, the 30A and surrounding Florida Emerald coast.  These properties are situated so close to the Gulf of Mexico that the only thing separating you from the soft, white sand, is a beach walkover. This is prime Florida real estate, destined to hold its value for years to come. Many of these waterfront condos have proven vacation rental income, providing turn key investment opportunities. Others, see this as the ideal warm, sunny, office space for those now working from home. If you've never experienced a Gulf front condo lifestyle, maybe it's time to give it a try.

Destin Beachfront Condos - Quick Stats for 2020

How many beachfront Condos were sold in 2020 in the Destin area?

#…

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2020 Market Trends Reviewed for Destin & 30A

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

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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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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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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2018 Guide to Hot Selling Condos on the Emerald Coast

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.

Top Selling Condos by Price

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

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2018 Guide to Hot Selling Subdivisions on the Emerald Coast

Single-Family Stats in the Destin, 30A and Surrounding Area

Here's a spotlight of the real estate market for single-family homes in Destin, the 30A and surrounding Emerald Coast. See below for a list of the hottest selling subdivisions and average sale prices.

Quick Facts From January 1 to October 31, 2018

3,473 single family homes sold

Average sale price was $626,691

Average Sqft: 2,265

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

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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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