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Market Update

market-report-550x258-250x117On a national level, home sales for the month of August increased 5.8% over last year and the median prices climbed 5.1% and are steadily increasing. Forty-one of the Fifty-Three metro areas reported an increase in sales, some of the areas even reported double-digit increases. This means that seven of the last eight months have seen an increase over last year’s sales. This is great news if you are looking to sell real estate in Destin, or anywhere along the Gulf Coast. For the Gulf Coast area, please see our September below.

Emerald Bay

  • Active Listings: 12
  • Average SqFt: 2,555
  • $/SqFt: 204.41
  • DOM: 106
  • Sold Listings: 1
  • Average Sold SqFt: 3,865
  • Sold $/SqFt: 128.72
  • Sold DOM: 3

Indian Bayou

  • Active Listings: 16
  • Average SqFt: 3,227
  • $/SqFt: 224.53
  • DOM: 107
  • Sold Listings: 1
  • Average Sold SqFt: 6,387
  • Sold $/SqFt: 320.96
  • Sold DOM: 332

Emerald Lakes

  • Active Listings: 8
  • Average SqFt: 2,409
  • $/SqFt: 194.14
  • DOM: 71
  • Sold Listings: 3
  • Average SqFt: 2,071
  • $/SqFt: 155.46
  • DOM: 151

 

If you are considering selling real estate on the Gulf Coast, call us today so we can help make the process stress free! It’s a great time to put your house or commercial property on the market, so don’t hesitate to call.

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