Q1 : 2021 | Northwest Florida Market Report | Berkshire Hathaway HomeServices Beach Properties of FL

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MARKET REPORT | Q1 2021


2

MARKET REPORT 2021 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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1

BROKERAGE ON 30A Q1 2021 *Transactions

TOP 4 LISTING BROKERAGE IN PANAMA CITY BEACH Q1 2021 *Transactions & Volume

TOP 10 BROKERAGE ON THE FORGOTTEN COAST Q1 2021 *Transactions & Volume

TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES WORLDWIDE 2016, 2017, 2018, 2019, 2020

OVER $1 BILLION IN ANNUAL SALES VOLUME 2020

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

3


30A

4

MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


SOUTH WALTON 30A OVERALL ROSEMARY BEACH ALYS BEACH WATERSOUND BEACH SEASIDE WATERCOLOR WATERSOUND ORIGINS SANTA ROSA BEACH NEW CONSTRUCTION


30A OVERALL 30A

84 GRACE POINT WAY

6

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

30A OVERALL

$

253

445

Q1 2020

Q1 2021

1,301,096

$

1,839,522 Q1 2021

Q1 2020

$

475

$

600

Q1 2020

Q1 2021

124

63

Q1 2020

Q1 2021

96%

98%

Q1 2020

Q1 2021

75%

41%

26%

49 %

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7


ROSEMARY BEACH 30A

33 ATTICUS ROAD

8

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


24

Q1 2020

Q1 2021

2,048,500

$

3,701,417

$

723

140%

81%

Q1 2021

Q1 2020

$

1,066

Q1 2020

Q1 2021

AVERAGE DAYS ON MARKET

$

10

189

260

Q1 2020

Q1 2021

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ROSEMARY BEACH

94%

95%

Q1 2020

Q1 2021

47%

38%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9


ALYS BEACH 30A

110 N CHARLES STREET

10

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ALYS BEACH

$

9

11

Q1 2020

Q1 2021

3,703,414

$

5,545,352 Q1 2021

Q1 2020

$

1,073

$

1,392

Q1 2020

Q1 2021

71

36

Q1 2020

Q1 2021

98%

99%

Q1 2020

Q1 2021

22%

50%

30%

49%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11


WATERSOUND BEACH 30A

176 TIDAL BRIDGE WAY

12

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERSOUND BEACH

$

14

21

Q1 2020

Q1 2021

2,247,264 Q1 2020

$

687

$

2,945,218 Q1 2021

$

871

Q1 2020

Q1 2021

198

55

Q1 2020

Q1 2021

95%

96%

Q1 2020

Q1 2021

50%

31%

27%

72%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13


SEASIDE 30A

202 W RUSKIN PLACE

14

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SEASIDE

$

4

10

Q1 2020

Q1 2021

2,009,164

$

2,964,500 Q1 2021

Q1 2020

$

1,325

$

1,661

Q1 2020

Q1 2021

329

46

Q1 2020

Q1 2021

93%

98%

Q1 2020

Q1 2021

150%

48%

25%

86%

5%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15


WATERCOLOR 30A

110 FLATWOOD STREET

16

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERCOLOR

$

20

49

Q1 2020

Q1 2021

2,007,475 Q1 2020

$

640

$

2,079,067 Q1 2021

$

712

Q1 2020

Q1 2021

126

31

Q1 2020

Q1 2021

96%

99%

Q1 2020

Q1 2021

145%

4%

11%

75%

3%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

17


WATERSOUND ORIGINS 30A

36 CANNONBALL COURT

18

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERSOUND ORIGINS

$

21

40

Q1 2020

Q1 2021

566,998

$

784,748 Q1 2021

Q1 2020

$

266

$

322

Q1 2020

Q1 2021

44

32

Q1 2020

Q1 2021

99%

99%

Q1 2020

Q1 2021

90%

38%

42%

27%

0%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

19


SANTA ROSA BEACH 30A

164 LAKEVIEW DRIVE

20

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANTA ROSA BEACH

$

113

117

Q1 2020

Q1 2021

408,541

$

542,776 Q1 2021

Q1 2020

$

187

$

238

Q1 2020

Q1 2021

112

65

Q1 2020

Q1 2021

98%

99%

Q1 2020

Q1 2021

4%

33%

27%

42%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

21


SOUTH WALTON NC

80 WHITE COTTAGE ROAD

22

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

NEW CONSTRUCTION

$

26

33

Q1 2020

Q1 2021

711,420 Q1 2020

$

286

$

1,063,969 Q1 2021

$

351

Q1 2020

Q1 2021

56

52

Q1 2020

Q1 2021

99%

99%

Q1 2020

Q1 2021

27%

50%

23%

5%

0%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

23


EC


EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN DESTIN CONDOS NAVARRE


SANDESTIN EC

1536 W ISLAND GREEN LANE

26

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


58

Q1 2020

Q1 2021

689,843 Q1 2020

$

289

$

1,173,154 Q1 2021

$

381

Q1 2020

Q1 2021

AVERAGE DAYS ON MARKET

$

27

157

47

Q1 2020

Q1 2021

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANDESTIN

96%

98%

Q1 2020

Q1 2021

115%

70%

32%

70%

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

27


MIRAMAR BEACH EC

285 TWISTED PINE TRAIL

28

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

MIRAMAR BEACH

$

50

63

Q1 2020

Q1 2021

1,057,056

$

1,003,497 Q1 2021

Q1 2020

$

291

$

359

Q1 2020

Q1 2021

111

72

Q1 2020

Q1 2021

97%

99%

Q1 2020

Q1 2021

26%

5%

23%

35%

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

29


DESTIN EC

255 LEANING PINES LOOP

30

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

DESTIN

$

105

166

Q1 2020

Q1 2021

650,419 Q1 2020

$

251

$

979,592 Q1 2021

$

318

Q1 2020

Q1 2021

96

75

Q1 2020

Q1 2021

96%

97%

Q1 2020

Q1 2021

58%

51%

27%

22%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

31


DESTIN CONDOS EC

950 HIGHWAY 98- UNIT 6042

32

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


202

Q1 2020

Q1 2021

459,329

$

500,773 Q1 2021

Q1 2020

$

319

$

383

Q1 2020

Q1 2021

AVERAGE DAYS ON MARKET

$

126

120

77

Q1 2020

Q1 2021

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

DESTIN CONDOS

96%

98%

Q1 2020

Q1 2021

60%

9%

20%

36%

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

33


NAVARRE EC

7365 GRAND NAVARRE BLVD

34

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

NAVARRE

$

342

343

Q1 2020

Q1 2021

305,580 Q1 2020

$

149

$

354,853 Q1 2021

$

171

Q1 2020

Q1 2021

46

28

Q1 2020

Q1 2021

99%

100%

Q1 2020

Q1 2021

0.3%

16%

15%

39%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

35


BC


BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY NEW CONSTRUCTION


PANAMA CITY BEACH CONDOS BC

11807 FRONT BEACH ROAD | UNIT 2204

38

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY BEACH CONDOS

$

384

585

Q1 2020

Q1 2021

289,142

$

327,221 Q1 2021

Q1 2020

$

256

$

290

Q1 2020

Q1 2021

92

59

Q1 2020

Q1 2021

97%

98%

Q1 2020

Q1 2021

52%

13%

13%

36%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39


PANAMA CITY BEACH BC

203 BASIN BAYOU DRIVE

40

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY BEACH

$

239

296

Q1 2020

Q1 2021

383,066

$

462,262 Q1 2021

Q1 2020

$

202

$

234

24%

21%

16%

Q1 2020

Q1 2021

74

76

Q1 2020

Q1 2021

1%

97%

98%

Q1 2020

Q1 2021

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

41


PANAMA CITY BC

1717 KESTREL STREET

42

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY

$

437

500

Q1 2020

Q1 2021

213,595 Q1 2020

$

117

$

266,833 Q1 2021

$

140

14%

25%

20%

Q1 2020

Q1 2021

53

54

Q1 2020

Q1 2021

1%

97%

98%

Q1 2020

Q1 2021

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

43


BAY COUNTY BC

6614 BUTTON BUCK TRAIL

44

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

NEW CONSTRUCTION

$

13

14

Q1 2020

Q1 2021

343,746 Q1 2020

$

179

$

393,089 Q1 2021

$

188

Q1 2020

Q1 2021

33

51

Q1 2020

Q1 2021

99%

99%

Q1 2020

Q1 2021

1%

14%

5%

55%

0%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

45


FC


FORGOTTEN COAST APALACHICOLA ST. GEORGE ISLAND CAPE SAN BLAS MEXICO BEACH | ST. JOE BEACH PORT ST. JOE


APALACHICOLA FC

91 17TH STREET

48

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

APALACHICOLA

$

11

8

Q1 2020

Q1 2021

180,727 Q1 2020

$

139

$

259,594 Q1 2021

$

167

Q1 2020

Q1 2021

109

121

Q1 2020

Q1 2021

88%

89%

Q1 2020

Q1 2021

27%

44%

20%

11%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49


ST. GEORGE ISLAND FC

1432 DOGWOOD DRIVE

50

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


35

Q1 2020

Q1 2021

870,881

$

917,140 Q1 2021

Q1 2020

$

349

$

432

Q1 2020

Q1 2021

AVERAGE DAYS ON MARKET

$

27

123

96

Q1 2020

Q1 2021

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ST. GEORGE ISLAND

95%

96%

Q1 2020

Q1 2021

30%

5%

24%

22%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

51


CAPE SAN BLAS FC

7046 CAPE SAN BLAS ROAD

52

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


39

Q1 2020

Q1 2021

669,013 Q1 2020

$

339

$

751,049 Q1 2021

$

376

Q1 2020

Q1 2021

AVERAGE DAYS ON MARKET

$

17

139

74

Q1 2020

Q1 2021

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

CAPE SAN BLAS

95%

97%

Q1 2020

Q1 2021

129%

12%

11%

47%

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

53


MEXICO BEACH | ST. JOE BEACH FC

9305 HWY 98 WEST

54

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

MEXICO BEACH | ST. JOE BEACH

$

35

37

Q1 2020

Q1 2021

345,626

$

436,740 Q1 2021

Q1 2020

$

202

$

240

6%

26%

19%

Q1 2020

Q1 2021

130

50

Q1 2020

Q1 2021

62%

95%

97%

Q1 2020

Q1 2021

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

55


PORT ST. JOE FC

2015 MARVIN AVE

56

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PORT ST. JOE

$

14

18

Q1 2020

Q1 2021

196,179 Q1 2020

$

111

$

228,671 Q1 2021

$

166

Q1 2020

Q1 2021

62

47

Q1 2020

Q1 2021

93%

97%

Q1 2020

Q1 2021

29%

17%

50%

24%

4%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

57


LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

©2021 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.


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