November real estate trends in Destin, 30A, Miramar Beach, and Santa Rosa Beach reveal key insights into home prices, condo sales, and inventory shifts in these sought-after Gulf Coast markets. These coastal hotspots continue to attract buyers and investors seeking opportunities in Florida's vibrant coastal housing market. Let's dig into the latest data and insights!
As seen in the infographic below inventory numbers continue to trend up year-over-year with the Okaloosa Island area (27%) leading once again. Condo median sales prices are trending lower, while median home prices are mostly showing an increase. The total number of properties sold saw a decrease of 4% compared to last year, with the sold volume showing a 13% increase. Check out more details below!
We love selling the Emerald Coast in the calmer winter season and are here to assist however we can. We're thrilled to close out another year of success and prepare for what the new year will bring. We are excited to work with old and new clients as we make real estate your best investment! Now is a great time to look into the real estate market. Why? Because it's never a bad time to own. If you'd like more detailed information on a particular area or community, or if you would like to know the value of your property, feel free to reach out to us. Our priority is to provide valuable info to those seeking it.
Check out the area sales highlights for November:
November 2024 Condo & Home Sales Highlights by Sold In Paradise
The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, Santa Rosa Beach, and 30A was:
3 Bed | 3.5 Bath
2,384 Square Feet
$4,035,000
The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, Santa Rosa Beach, and 30A was:
250 Buggy Whip Lane
4 Bed | 5 Bath | 2 Half Bath
5,356 Square Feet
$14,000,000
Now is a great time to perform some due diligence whether you're considering selling or purchasing property. With the current supply and demand and ever-changing economic landscape, timing is crucial. You need a team who will help you make the right decisions, at the right time. If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you.
