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

Posted by Tim Shepards on Wednesday, September 5th, 2018 at 2:20pm.

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:

The numbers below reflect single-family home and condo sales from January to August 31, 2018, compared to the same time last year.

Year to Date Condo Stats for Destin & the 30A

Top Condo Sales

condos sales ytd Aug 2018

The number of Destin and area condo sales were up 8% overall compared to the same time in 2017, with the top selling areas:

Top Condo Price Increases

condo price increases ytd August 2018

Destin and area condo prices had an 8% increase in average sale price with the largest increases in:

  • Miramar/Sandestin Resort: 20%
  • 30A West: 18%
  • 30A East 13%

The highest price received for a condo was $3,000,000 for a 5 bedroom condominium in Grand Dunes, Miramar Beach, Florida.

Grand Dunes top selling condo


Year to Date Single-Family Home Stats for Destin & the 30A

Top Home Sales

Destin home sales stats for August 2018

The number of home sales were up 5% compared to 2017. Top selling areas included:

Top Home Price Increases

Destin home prices for August 2018

Average sale prices were up just 1% from the same time last year. The highest increases included:

  • Destin: 18%
  • Fort Walton Beach: 12%
  • Niceville: 7%

The highest price receive for a house was $10,750,000 for a 7 bedroom, beachfront home in Seagrove, Santa Rosa Beach, Florida.

top selling home in Seagrove



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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