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?
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
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
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.
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
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.
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
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:
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
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.
