Condo & Home Market Highlights | September 2024

Condo & Home Market Highlights | September 2024

The real estate markets of Destin, 30A, Miramar Beach, Sandestin, and Santa Rosa Beach continued to evolve in September, offering valuable insights for sellers, buyers, and investors. September statistics highlight key trends in property values, sales activity, and inventory levels across these popular coastal communities. With market shifts and emerging opportunities, understanding the latest data is essential for navigating the housing landscape in these highly sought-after areas along Florida’s Gulf Coast. Explore the September market report below to stay informed on the real estate trends shaping the beautiful Emerald Coast.

 

As seen in the infographic below inventory numbers continue to trend up year-over-year with the Okaloosa Island area (44%) leading once again. Condo median sales prices are mostly trending lower, while median home prices are fluctuating. The total number of properties sold saw a decrease of 26% compared to last year, with the sold volume showing a 34% decrease. Check out more details below!

 

We love selling the Emerald Coast in the the beautiful autumn season and are here to assist however we can. We're excited to see what the rest of this year brings and can't wait 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 September:

 

 

 
 

The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, Santa Rosa Beach, and 30A was: 

 


Southwinds

Sandestin

3 Bed | 3 Bath

2,056 Square Feet

$2,321,500

 


The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, Santa Rosa Beach, and 30A was:  

 

215 Western Lake Drive

WaterColor | 30A East

5 Bed | 5 Bath

5,700 Square Feet 

$7,000,000

 


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

 

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