Destin Real Estate Destin Real Estate: February 19, 2020 Market Report Cole Blair Properties Market Report Destin, FL 32541 Single Family Homes Wed Feb 19 2020 Destin is moving to a buyer's market. This week in Destin real estate, the median list price for Destin, FL 32541 is $939,000 with the market action index hovering around 29. This is about the … [Read more...]
NOVEMBER MARKET REPORT 30A, DESTIN, MIRAMAR BEACH/SANDESTIN
Welcome to another market report from Cole Blair Properties! To view all the latest in each market simply click the respective report of interest. 30A REPORT DESTIN REPORT MIRAMAR BEACH/SANDESTIN REPORT … [Read more...]
MARKET REPORT: October, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The Emerald Coast market continues to show strength in closed and pending sales on 30A both East and West end. Median prices dropped on the East end and moved up West end. Absorption rate (rate at which homes are sold) moved up a bit on 30A to just under 8 months East and and just under 9 months … [Read more...]
Market Report: May, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. 30 year mortgage rates are at a low average of 3.82% and housing sentiment is at a 5 year high which is a good omen for real estate sales moving forward. Analysts predict the Federal Reserve will cut rates again this year, another positive influence on real estate sales. Generally, as the stock … [Read more...]
MARKET REPORT: MARCH, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. On the East end of 30A, year-over-year inventory is slightly up by 2.34% while median price dropped 10.22%. Closed sales fell 21.6% and pending sales are down 10.3%. For the West end of 30A, inventory exploded upwards by 31.38%, median price fell 3.24%, closed sales rose 2.9%, and pending … [Read more...]
MARKET REPORT: January, 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. Inventory, or lack thereof, continues to be the story on the Emerald Coast in general. Unlike the "roaring" mid 2000's, it seems buyer's purpose these days is to actually keep and enjoy their beach homes and are holding onto them. What a concept! As a result, sales volume continues to drop in … [Read more...]
December 2018 Market Report
Welcome to another market review of sales activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The story of our market is low inventory, lower sales volume. The year-end numbers show a continued drop across the board in active listings which has impacted closed sales. Buyers are generally looking for the newer shiny light and bright coastal chic motif and those properties sell … [Read more...]
October, 2018 Market Report: 30A, Sandestin/Miramar Beach, Destin
Welcome to another market review of sales activity in the 30A, Destin, and Miramar Beach/Sandestin areas. Our market continues to be steady with no large dark clouds visibly forming. Median sale price on 30A East, 30A West, and in Sandestin/Miramar Beach exploded year-over-year for October with double digit increases while Destin fell just a tad. That said, the year-to-date price jumps in all … [Read more...]
30A, Destin, Sandestin/Miramar Beach Market Report August 2018
The 30A Destin Sandestin Miramar Beach real estate markets continue to display strength in median sale price but with low inventory. There is no foreseeable rationale for any major price corrections on the horizon unless inventory jumps but there is no reason for that either at this time. Our market continues to be that of end user vs. speculation with a large number of closings … [Read more...]
Market Report July, 2018
The 30A, Miramar Beach and Destin real estate markets continue to hum along with no appreciable fall-out in sight. The best word to describe the market is...steady. And that is good. We've certainly seen strong appreciation since 2013 post downturn and in some pockets, Rosemary Beach, gulf front, Alys Beach, prices are back to peak of 2006. Unlike the 2006 peak however, price jumps aren't based on … [Read more...]
MARKET REPORT EMERALD COAST AUGUST 2017!
Market Report The broken record continues.........."our market continues to show strength with increases in list and sale price while inventory remains tight". Closed sales fall within all price ranges with the bulk being under $3MM but enough over that number to illustrate a continued demand for the highest end luxury on 30A. Pricing for the most exclusive properties have closed in on peak … [Read more...]
Destin Real Estate Market Report March 2016
Destin Real Estate Destin Real Estate Statistics Destin real estate prices continue to rise but there is push back from buyers. Absorption rate dropped year-over-year 7.99% to 10.02 months from 10.89 months in March, 2015. Year-to-date inventory is down 9.85% to 9.98 months from 11.07 months in 2015 for the year. Average list price is up 1.78% to $724,426 from last year's $711,743 … [Read more...]