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: June 2019
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. If you are waiting for prices to drop proportionately to levels of the 2008 meltdown, or even close, you'll likely be disappointed. Some buyers seem to be waiting for recession like home price plummeting, but investor/flippers just aren't driving this market so the likelihood of that happening is … [Read more...]
FEBRUARY 2019 MARKET REPORT
Welcome to another review of market activity in the 30A, Destin, and Miramar Beach/Sandestin areas. The four major areas, 30A East, 30A West, Destin and Miramar Beach/Sandestin continue to experience somewhat low inventory levels which inevitably will have an effect on closed sales, pending sales, and pricing. 30A East inventory fell slightly by 2.7%, median price dropped 9.44%, and closed … [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...]
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...]
June Market Report
If ever there were a market metric that dictates price, it would be supply and demand. Generally if the supply is low and demand is high, prices rise. Of course the opposite is also true. Our real estate market is currently a perfect example of low supply, high demand, and rising prices. Fortunately, although prices are up, it isn't at meteoric levels....it's reasonable … [Read more...]
Miramar Sandestin Real Estate Market Report August 2016
Miramar Sandestin Real Estate Market Report Miramar Sandestin Real Estate Market Report Statistics Miramar Sandestin real estate market report statistics for August, 2016 show price moderation with a slight drop in absorption rate. Absorption rate year-over-year dropped 6.4% to 994 months vs. last year's 10.62 months of inventory. Average list price is up 14.25% to $656,913 from … [Read more...]
Sandestin & Miramar Market Report January 2016
Sandestin & Miramar Real Estate Sandestin & Miramar Real Estate Sandestin & Miramar Real Estate did very well in January with absorption rate dropping and prices escalating. Absorption rate dropped form 11.42 months the previous year this time to 8.89% for a 22.15% decline in inventory. This is still high and indicates a buyer's market with opportunities to negotiate with … [Read more...]