2021 Annual Year-in-Review Real Estate Market Report

Page 1

2021 MARKET REPORT | YEAR-IN-REVIEW


January 2022

Dear Neighbor, I wanted to send you this custom 2021 Market Report reviewing last year’s sales, per quarter, in communities along the Gulf Coast. With our 20+ years of local Real Estate experience along the Gulf Coast, The Delawalla Group is committed and dedicated to a “customer first” approach, we have developed a unique strategy to get our customers the best possible price for their home. To give you the best advice on what your property can sell for, our team will carefully research the area, recent listings and sales and the market trends. I can be reached at 850-225-9899, whether you’re interested in Buying or Selling. I would be happy to have a discussion on how the Delawalla Group can bring our expertise and marketing strategy to get you the best deal. Please feel free to visit our website at BestofEmeraldCoast.com and see what our previous customers have said about our service and expertise. I look forward to earning your business. Respectfully, Amin Delawalla Realtor - Team Leader

To get Instant Value of your property please visit my website at www.BestofEmeraldCoast.com *If your home is currently listed with another realtor, please disregard this letter.


THE DELAWALLA GROUP TOP PRODUCING TEAM

AT BERKSHIRE HATHAWAY-BEACH PROPERTIES OF FLORIDA

2021 TOP 1/2% OF ALL

BERKSHIRE HATHAWAY HOME AGENTS WORLDWIDE

2021 TOP 25 OF ALL

BERKSHIRE HATHAWAY TEAMS WORLDWIDE

2021 TOP 1/2% OF ALL AGENTS ALONG THE EMERALD COAST

2021 BERKSHIRE HATHAWAY HOME SERVICES #

1

LISTING BROKERAGE ON 30A 2020 *Transactions

TOP 50

BROKERAGE WITHIN BERKSHIRE HATHAWAY HOME SERVICES WORLDWIDE 2016, 2017, 2018, 2019, 2020

OVER $ 2.1 B IL L IO N IN AN N UA L SA L ES VOLUME 2021


30A


SOUTH WALTON 3 0 A OV E R A L L R O S E M A R Y B E AC H A L Y S B E AC H WAT E R S O U N D B E AC H SEASIDE WAT E R C O L O R WAT E R S O U N D O R I G I N S S A N TA R O S A B E AC H NEW CONSTRUCTION


30A OVERALL

30A


30A OVERALL 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

640

788

609

613

AVERAGE SOLD PRICE

$

HIGHEST SOLD PRICE

$

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

1.54M

$

16.9M

$

$

588

66

1.55M

$

12.5M

$

$

634

34

% OF LIST PRICE SOLD

97%

98

AVG MONTHLY INVENTORY*

1.39

.99

*EMERALD COAST ASSOCIATION OF REALTORS

%

1.54M

8.5M

$

650

$

$

2021

TOTALS

2,650

TOTAL SALES 2021

1.62M

13.33M

$

1.56M

AVG. SOLD PRICE

$ H

16.9M

HIGHEST SALE

$

635

669

AVG. PRICE PER SQ. FT.

29

41

AVG. DAYS ON MARKET

98%

97

AVG. % OF LIST PRICE SOLD

2

2.2

$

%

43

98%

1.65

AVG. MONTHLY INVENTORY


ROSEMARY BEACH

30A


ROSEMARY BEACH 2021

Q1

NUMBER OF SALES

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

Q2

28

$

2.95M

$

8.5M

Q3

26

$

$

11

2.81M

6.325M

$

$

2.3M

2021

Q4

20

$

3.39M

7.637M

$

7M

TOTALS

85

TOTAL SALES 2021

$

2.86M

AVG. SOLD PRICE

$ H

HIGHEST SALE

$ AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

984

253

$

1,033

79

94%

97%

2.14

.92

*EMERALD COAST ASSOCIATION OF REALTORS

$

954

69

$

1,207

47

96%

95%

4.36

1.8

8.5M

1,045

AVG. PRICE PER SQ. FT.

112

AVG. DAYS ON MARKET

96%

AVG. % OF LIST PRICE SOLD

2.3

AVG. MONTHLY INVENTORY


ALYS BEACH

30A

30A


ALYS BEACH 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

11

33

17

19

AVERAGE SOLD PRICE

$

HIGHEST SOLD PRICE

$

AVG PRICE PER SQ. FT.

$

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

2.52M

$

16.9M

$

7.2M

$

1,384

$

1,099

$

5.36M

67

$

49

97%

99%

1.09

.36

*EMERALD COAST ASSOCIATION OF REALTORS

4.89M

8.5M

1,439

3

$

$

5.17M

13.33M

$

1,583

49

98%

98%

1.41

.75

2021

TOTALS

80

TOTAL SALES 2021

$

4.49M

AVG. SOLD PRICE

$ H

16.9M

HIGHEST SALE

$

1,376

AVG. PRICE PER SQ. FT.

42

AVG. DAYS ON MARKET

98%

AVG. % OF LIST PRICE SOLD

.90

AVG. MONTHLY INVENTORY


WATERSOUND BEACH

30A


WATERSOUND BEACH 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

21

14

11

12

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

2.945M

$

6.5M

$

871

55

$

3.2M

$

6.1M

$

903

25

96%

97

1.14

1.71

*EMERALD COAST ASSOCIATION OF REALTORS

%

$

$

3.478M

4.653M

$

1,118

$

$

2021

TOTALS

58

TOTAL SALES 2021

3.08M

4.825M

$

1,040

$

3.18M

AVG. SOLD PRICE

$ H

6.5M

HIGHEST SALE

$

983

AVG. PRICE PER SQ. FT.

34

10

47

AVG. DAYS ON MARKET

98%

97

AVG. % OF LIST PRICE SOLD

3.27

.5

%

97%

1.67

AVG. MONTHLY INVENTORY


SEASIDE

30A


SEASIDE 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

10

14

1

5

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

2.965M

$

$

6.2M

1,660

46

$

2.327M

$

3.85M

$

$

$

1,020

39

3.267M

$

3.267M

$

$

819

0

3.026M

4.85M

$

1,174

TOTALS

30

TOTAL SALES 2021

$

2.9M

AVG. SOLD PRICE

$ H

6.2M

HIGHEST SALE

$

1,168

AVG. PRICE PER SQ. FT.

26

17

AVG. DAYS ON MARKET

AVG. % OF LIST PRICE SOLD

98%

96%

99%

97%

2.4

1.71

0

2.26

*EMERALD COAST ASSOCIATION OF REALTORS

2021

98%

1.6

AVG. MONTHLY INVENTORY


WATERCOLOR

30A


WATERCOLOR 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

49

57

32

27

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

$

$

2.08M

6.25M

$

711

31

$

2.46M

$

5.43M

$

843

23

$

$

2.84M

5.75M

$

915

25

$

2.876M

$

6.5M

$

2021

TOTALS

41

TOTAL SALES 2021

$

2.57M

AVG. SOLD PRICE

$ H

6.5M

HIGHEST SALE

$

867

999

AVG. PRICE PER SQ. FT.

24

AVG. DAYS ON MARKET

26

97%

% OF LIST PRICE SOLD

98%

97%

97%

97%

AVG. % OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

.98

.84

1.88

2.31

AVG. MONTHLY INVENTORY

*EMERALD COAST ASSOCIATION OF REALTORS

1.5


WATERSOUND ORIGINS

30A


WATERSOUND ORIGINS 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

41

54

50

63

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

778,835

$

1.6M

$

319

31

$

849,816

$

1.56M

$

339

30

$

932,002

$

2.1M

$

366

24

$

913,547

$

2.8M

$

370

208

TOTAL SALES 2021

$

868,550 AVG. SOLD PRICE

$ H

2.8M

HIGHEST SALE

$

349

AVG. PRICE PER SQ. FT.

26

19

AVG. DAYS ON MARKET

AVG. % OF LIST PRICE SOLD

98%

100%

99%

99%

.59

.67

.72

.38

*EMERALD COAST ASSOCIATION OF REALTORS

2021

TOTALS

99%

.6

AVG. MONTHLY INVENTORY


SANTA ROSA BEACH

30A


SANTA ROSA BEACH 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

504

636

544

509

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

$

1.17M

$

9.4M

$

475

56

$

$

1.23M

11.75M

$

510

31

$

$

1.10M

6.9M

$

1,149

29

$

$

1.166M

11.95M

$

2021

TOTALS

2,193

TOTAL SALES 2021

$

1.17M

AVG. SOLD PRICE

$ H

11.95M HIGHEST SALE

$

661

508

AVG. PRICE PER SQ. FT.

41

AVG. DAYS ON MARKET

39

97%

% OF LIST PRICE SOLD

97%

97%

98%

97%

AVG. % OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

1.39

.94

2.13

2.26

AVG. MONTHLY INVENTORY

*EMERALD COAST ASSOCIATION OF REALTORS

1.68


NEW CONSTRUCTION S O U T H WA LT O N


SOUTH WALTON 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

30

72

76

118

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

$

1.2M

7.5M

$

388

47

$

1.5M

$

7.2M

$

470

28

$

$

1.35M

7.05M

$

511

53

$

$

1.16M

9.05M

$

442

38

98%

99%

100%

99%

5.38

1.5

2.53

1.93

*EMERALD COAST ASSOCIATION OF REALTORS

2021

TOTALS

296

TOTAL SALES 2021

$

1.3M

AVG. SOLD PRICE

$ H

9.05M

HIGHEST SALE

$

453

AVG. PRICE PER SQ. FT.

42

AVG. DAYS ON MARKET

99%

AVG. % OF LIST PRICE SOLD

3

AVG. MONTHLY INVENTORY


EC


EMERALD COAST SA N D E S T I N M I R A M A R B E AC H DESTIN DESTIN CONDOS N AVA R R E


SANDESTIN

EC


SANDESTIN 2021

Q1

NUMBER OF SALES

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

Q2

2

$

$

310,000

430,000

$

247

69

Q3

4

$

550,500

$

1.4M

$

360

55

3

$

345,000

$

535,000

$

426

3

2021

Q4

11

2

$

$

TOTAL SALES 2021

1.007M

1.44M

$

TOTALS

487

19

$

553,125

AVG. SOLD PRICE

$ H

1.44M

HIGHEST SALE

$

380

AVG. PRICE PER SQ. FT.

37

AVG. DAYS ON MARKET

99%

95%

100%

98%

101%

AVG. % OF LIST PRICE SOLD

3

4

2

0

AVG. MONTHLY INVENTORY

*EMERALD COAST ASSOCIATION OF REALTORS

2.25


MIRAMAR BEACH

EC


MIRAMAR BEACH 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

438

532

360

395

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

$

641,575

$

$

8M

368

79

$

726,601

$

7.25M

$

400

42

$

769,339

$

4.5M

$

439

29

$

$

799,789

4.825M

$

451

2021

TOTALS

1,725

TOTAL SALES 2021

$

734,326

AVG. SOLD PRICE

$ H

8M

HIGHEST SALE

$

415

AVG. PRICE PER SQ. FT.

47

38

AVG. DAYS ON MARKET

98%

% OF LIST PRICE SOLD

97%

98%

97%

98%

AVG. % OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

1.72

.92

2.17

2.19

AVG. MONTHLY INVENTORY

*EMERALD COAST ASSOCIATION OF REALTORS

1.75


DESTIN

EC


DESTIN 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

208

219

215

155

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

$

943,853

$

4.99M

$

318

74

$

1.08M

$

4.97M

$

355

47

$

943,592

$

5.75M

$

356

33

$

$

1.10M

6.03M

$

2021

TOTALS

797

TOTAL SALES 2021

$

998,861

AVG. SOLD PRICE

$

6.03M

H

HIGHEST SALE

$

352

380

AVG. PRICE PER SQ. FT.

48

AVG. DAYS ON MARKET

51

96%

% OF LIST PRICE SOLD

96%

97%

97%

95%

AVG. % OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

1.84

1.44

1.52

2

AVG. MONTHLY INVENTORY

*EMERALD COAST ASSOCIATION OF REALTORS

1.7


DESTIN CONDOS

EC


DESTIN CONDOS 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

207

274

180

209

AVERAGE SOLD PRICE

$

499,397

HIGHEST SOLD PRICE

$

AVG PRICE PER SQ. FT.

$

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

1.8M

380

83

$

515,124

$

2.25M

$

390

67

$

610,579

$

2.8M

$

433

66

$

636,383

$

2.1M

$

TOTALS

870

TOTAL SALES 2021

$

565,371 AVG. SOLD PRICE

$ H

2.8M

HIGHEST SALE

$

417

465

AVG. PRICE PER SQ. FT.

50

AVG. DAYS ON MARKET

97%

98%

97%

97%

3.45

1.91

3.53

3.15

*EMERALD COAST ASSOCIATION OF REALTORS

2021

67

97%

AVG. % OF LIST PRICE SOLD

3.01

AVG. MONTHLY INVENTORY


NAVARRE

EC


NAVARRE 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

271

361

399

307

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

323,425

$

1.18M

$

$

350,255

$

925,000

165

$

175

21

12

$

373,198

$

1.6M

$

186

13

$

377,902

$

1.3M

$

TOTALS

1,338

TOTAL SALES 2021

$

356,195 AVG. SOLD PRICE

$ H

1.6M

HIGHEST SALE

$

180

193

AVG. PRICE PER SQ. FT.

16

AVG. DAYS ON MARKET

99%

101%

100%

100%

.75

.6

.69

.76

*EMERALD COAST ASSOCIATION OF REALTORS

2021

15.5

100%

AVG. % OF LIST PRICE SOLD

.7

AVG. MONTHLY INVENTORY


NAVARRE BEACH

EC


NAVARRE BEACH 2021

Q1

Q2

Q3

Q4

NUMBER OF SALES

40

64

37

47

AVERAGE SOLD PRICE

HIGHEST SOLD PRICE

$

621,485

$

1.4M

$

740,268

$

2.1M

$

742,629

$

2.8M

$

$

783,193

2.95M

2021

TOTALS

188

TOTAL SALES 2021

$

721,893 AVG. SOLD PRICE

$

2.95M

H

HIGHEST SALE $

AVG PRICE PER SQ. FT.

AVG DAYS ON MARKET

% OF LIST PRICE SOLD

AVG MONTHLY INVENTORY*

$

379

84

$

429

51

$

462

32

$

479

37

97%

98%

98%

97%

2.1

1.13

3.57

2.75

*EMERALD COAST ASSOCIATION OF REALTORS

437

AVG. PRICE PER SQ. FT.

51

AVG. DAYS ON MARKET

98%

AVG. % OF LIST PRICE SOLD

2.39

AVG. MONTHLY INVENTORY


OUR PROVEN STRATEGY SHOWS WITH THE FOLLOWING ACHIEVEMENTS: • Top Producing Team at Berkshire Hathaway-Beach Properties of Florida • Top 1/2% of ALL Berkshire Hathaway agents Worldwide • Top 25 of all Berkshire Hathaway teams Worldwide • Top 1/2% of ALL Agents along the Emerald Coast

2021 SALES TOPPED $96 MILLION!

WE’RE EXCITED AND READY FOR WHAT 2022 HAS TO OFFER!

T h e D E L AWA L L A G R O U P

850.225.9899 | Amin@BestofEmeraldCoast.com BestofEmeraldCoast.com Berkshire Hathaway Home Services Beach Properties of Florida 6652 E. Co. Hwy 30A, Ste. 110 WaterSound Beach, FL 32461 Amin Delawalla Realtor Team Leader

Chris Stob Realtor Major USAF (Ret.)

Berni Adelson Realtor

Diana Graves Realtor

Arif Delawalla Realtor

Ed Deneau Realtor

© 2022 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. Pricing, floor plans, amenities and product offerings are subject to change without notice. Buyer to verify all information to buyers satisfaction including but not limited to square footage, room sizes, lot size, zoning etc. This advertisement is not intended to solicit properties currently listed by other real estate brokerages. Advertised pricing and/or features are subject to change without notice. No Federal agency has judged the merits or value, if any of this property. *STATISTICS DERIVED FROM EMERALD COAST ASSOCIATION OF REALTORS


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