MARKET REPORT | 2018
Gratitude. Looking back on 2018, the recurring theme of our year-end discussions was that of gratitude. Some may find that surprising in the aftermath of Hurricane Michael, so let us explain. We serve the areas that bravely faced Hurricane Michael, the most catastrophic storm to hit Northwest Florida. The panhandle is known for its small towns and Southern hospitality; we are a close-knit community and together, we have felt this storm’s impact each and every day. We feel shock and disbelief when seeing the extent of the storm’s reach. We feel humbled attending a standing room only workship service in a severely damaged church. We feel hopeful when we see Christmas lights and decorations in Mexico Beach. We feel proud to be a part of these exceptional communities where hope shines so brightly. Our gratitude is limitless. Gratitude for those who have bravely kept our communities safe; those who have selflessly served the needs of others; those who have tirelessly worked to bring normalcy back to these beautiful towns; and for those who are passionate and unwavering in their resolve to restore and rebuild our beloved communities. There is joy. There is hope. There is a great sense of anticipation as we begin to conceptualize what comes next. The future of Northwest Florida has opportunities without limits and we are embarking on a new and exciting chapter for our beloved panhandle that will strengthen and connect us like never before. We are honored to call this slice of heaven home. Many of us have called it home for a lifetime and it is home to us in every sense of the word. We are grateful for the privilege of serving you and we’re excited to welcome you home to our resilient, vibrant and extraordinary Gulf Coast.
Hunter Harman
Price Rainer
John David Sullivan
BROKER/OWNER
OWNER
OWNER
CUSTOMER FOCUSED RESPECT COLLABORATORS INTEGRITY PROFESSIONALISM ENTHUSIASM DEDICATION SUCCESSFUL RESULTS COMMITMENT TO INNOVATION
4
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
#
1
BROKERAGE ON 30A 2018 *Volume
#
1
BROKERAGE ON 30A 2018 *Number of Transactions
TOP 10 BROKERAGE IN BAY COUNTY 2018 *Volume
TOP 3 BROKERAGE ON THE FORGOTTEN COAST 2018 *Volume
TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES 2016 & 2017 *Gross Commission Income
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
5
HOW’S THE MARKET? In demand. Looking at this past year’s data we’ve seen a continuation of several trends. Across all Gulf Coast markets, demand for housing is high. Residential properties are selling quickly and many times with multiple offers on the table. The demand for housing exceeds supply and with that, price points continue to rise. The turn-key readiness of a home is more appealing to buyers, but properties requiring improvement still command competitive prices but may sit longer on the market. Premium homes, fixer-uppers and houses sustaining damage are all in demand across the coast. We have carefully analyzed trends across the entire Gulf Coast and have outlined these results for you in our 2018 market review. This analysis shows key metrics for our markets, but you may have additional questions about specific communities, properties and projections for the coming year. For more than a decade, we’ve helped families buy and sell property across the Florida Panhandle and would be honored to assist you with your real estate needs.
#GOODTOKNOW AVERAGE SOLD PRICE : The average sold price of a property. PRICE PER SQUARE FOOT : The average sold price per square foot. AVERAGE DAYS ON MARKET : An average of a property’s cumulative days on the market prior to its sale. NUMBER OF SALES : Total number of residential home sales.
All reporting is based on sales data for Residential, Detached Single Family properties. New construction data is based on homes built between 2017-2018 and sold in 2018. All information is deemed to be reliable, but is not guaranteed.
30A AVERAGE SOLD PRICE
AVERAGE DAYS ON MARKET
8
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A PRICE PER SQUARE FOOT
NUMBER OF SALES
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
9
DESTIN | SANDESTIN | MIRAMAR AVERAGE SOLD PRICE
AVERAGE DAYS ON MARKET
10
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
DESTIN | SANDESTIN | MIRAMAR PRICE PER SQUARE FOOT
NUMBER OF SALES
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
11
PANAMA CITY BEACH AVERAGE SOLD PRICE
AVERAGE DAYS ON MARKET
12
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH PRICE PER SQUARE FOOT
NUMBER OF SALES
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
13
FORGOTTEN COAST AVERAGE SOLD PRICE
AVERAGE DAYS ON MARKET
14
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
FORGOTTEN COAST PRICE PER SQUARE FOOT
NUMBER OF SALES
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
15
30A
16
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A 30A OVERALL ROSEMARY BEACH ALYS BEACH WATERSOUND BEACH SEASIDE WATERCOLOR SANTA ROSA BEACH
30A OVERALL 30A
158 COOPERSMITH LANE
18
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A OVERALL
203
289
236
288
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
1,067,742
1,149,817
1,250,950 $1,190,065
$
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
$
450
$
$
454
$
423
$
454
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
172
175
142
165
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
97%
96%
96%
96%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
19
ROSEMARY BEACH 30A
65 EAST KINGSTON ROAD
20
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ROSEMARY BEACH
$
7
10
11
12
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
2,616,286
$
2,169,550 $2,452,599 $2,535,667
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
840
$
744
$
690
$
787
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
349
290
102
226
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
94%
95%
95%
93%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
21
ALYS BEACH 30A
11 MOONGATE COURT
22
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ALYS BEACH
$
5
7
6
7
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
3,347,568 $2,976,934 $4,014,167 $2,888,382
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
931
$
921
$
1,164
$
948
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
51
125
214
121
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
99%
98%
92%
98%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
23
WATERSOUND BEACH 30A
36 FOUNDERS LANE
24
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND BEACH
$
5
6
6
8
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
2,193,200
$
2,752,333 $1,364,833 $2,277,750
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
576
$
788
$
683
$
714
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
342
138
309
118
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
94%
96%
97%
95%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
25
SEASIDE 30A
23 EAST RUSKIN STREET
26
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SEASIDE
$
5
10
2
6
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
1,677,500
$
1,570,390 $1,562,000 $1,600,000
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
1,397
$
959
$
689
$
756
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
225
175
457
108
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
95%
96%
92%
93%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
27
WATERCOLOR 30A
5 POND CYPRESS WAY
28
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERCOLOR
22
29
27
19
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
1,630,114
$
1,745,310 $1,693,048 $1,697,526
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
514
$
527
$
504
$
556
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
190
232
211
178
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
96%
94%
96%
96%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
29
SANTA ROSA BEACH 30A
577 TURQUOISE BEACH DRIVE
30
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANTA ROSA BEACH
87
112
90
114
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
325,382
$
398,187
$
414,535
$
369,751
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
167
$
183
$
187
$
174
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
126
128
135
120
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
97%
98%
98%
97%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
31
NC
N
NEW CONSTRUCTION SOUTH WALTON
NEW CONSTRUCTION NC
2743 E CO HWY 30A | 303 34
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION
107
159
99
89
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
879,211
$
894,805
$
794,948
$
1,004,320
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
310
$
306
$
292
$
316
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
148
187
145
175
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
98%
99%
99%
98%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
35
EC
EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN
SANDESTIN EC
5002 SOUTH SANDESTIN LANE | 7126
38
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANDESTIN
39
29
44
36
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
703,286
$
729,333
$
813,239
$
844,869
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q2 2018
Q2 2018
Q3 2018
Q4 2018
$
276
$
288
$
290
$
290
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
160
127
220
145
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
96%
96%
95%
94%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
39
MIRAMAR BEACH EC
9011 HIGHWAY 98 WEST
40
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MIRAMAR BEACH
39
55
56
51
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
708,491
$
681,152
$
720,321
$
718,882
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
260
$
248
$
304
$
262
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
190
105
126
145
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
94%
97%
96%
97%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
41
DESTIN EC
10 HARBOR BOULEVARD | W524
42
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
DESTIN
100
131
108
94
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
703,258
$
707,701
$
769,795
$
674,447
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
233
$
249
$
256
$
234
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
171
148
126
148
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
96%
97%
96%
95%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
43
BC
BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY
PANAMA CITY BEACH CONDOS BC
6627 THOMAS DRIVE | 406
46
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH CONDOS
395
489
424
242
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
265,848
$
261,972
$
272,780
$
305,613
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
235
$
232
$
233
$
247
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
103
98
97
63
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
96%
97%
97%
97%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
47
PANAMA CITY BEACH BC
3212 BLUE HERON BOULEVARD
48
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH
232
248
255
176
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
310,505
$
359,856
$
378,293
$
359,955
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
175
$
186
$
196
$
200
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
88
70
81
89
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
96%
97%
97%
97%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
49
PANAMA CITY BC
2409 PRETTY BAYOU ISLAND DRIVE
50
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY
319
413
431
155
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
210,417
$
202,870
$
209,024
$
195,159
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
112
$
112
$
118
$
109
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
85
69
60
66
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
97%
97%
97%
95%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
51
FC
FORGOTTEN COAST APALACHICOLA ST. GEORGE ISLAND CAPE SAN BLAS MEXICO BEACH / ST. JOE BEACH PORT ST. JOE
APALACHICOLA FC
40 NORTH MYRTLE STREET
54
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
APALACHICOLA
15
16
8
11
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
318,435
$
285,053
$
204,125
$
285,409
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
168
$
$
171
$
140
$
100
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
102
186
72
276
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
94%
98%
93%
88%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
55
ST. GEORGE ISLAND FC
1328 ACACIA DRIVE
56
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ST. GEORGE ISLAND
31
29
26
18
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
729,316
$
562,294
$
775,807
$
500,713
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
310
$
266
$
316
$
206
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
172
123
191
197
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
93%
94%
94%
89%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
57
CAPE SAN BLAS FC
2648 INDIAN PASS ROAD
58
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
CAPE SAN BLAS
20
22
18
11
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
574,738
$
693,609
$
718,055
$
689,520
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
295
$
320
$
373
$
158
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
139
100
119
206
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
94%
96%
96%
94%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
59
MEXICO BEACH FC
244 WATERMARK WAY
60
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MEXICO BEACH | ST. JOE BEACH
19
37
35
10
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
416,987
$
343,767
$
316,985
$
324,891
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
260
$
237
$
220
$
146
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
67
82
60
146
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
98%
97%
97%
97%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
61
PORT ST. JOE FC
1292 COUNTRY CLUB ROAD
62
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PORT ST. JOE
25
37
25
17
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
NUMBER OF SALES
Q1 2018
Q2 2018
Q3 2018
Q4 2018
$
204,140
$
222,385
$
184,796
$
170,765
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE
Q1 2018
Q2 2018
Q3 2018
Q4 2018
140
$
$
141
$
130
$
82
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
AVERAGE PRICE PER
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
SQUARE FOOT
Q1 2018
Q2 2018
Q3 2018
Q4 2018
58
47
70
94
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
AVERAGE DAYS
ON MARKET
ON MARKET
ON MARKET
ON MARKET
Q1 2018
Q2 2018
Q3 2018
Q4 2018
98%
96%
95%
89%
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
PERCENTAGE OF
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
LIST PRICE SOLD
Q1 2018
Q2 2018
Q3 2018
Q4 2018
MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
63
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