2021
annual market report
B
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
unprecedented | a year in review If one word can characterize the 2021 real estate market along the Northwest Florida Gulf Coast, we choose unprecedented. In a year still filled with much uncertainty and struggle, an unprecedented number of people are finding sanctuary along the Emerald Coast. A nationwide shift in the way we view work and lifestyle has resulted in a surge of interest in finding a place to live, whether part or full time, that feels welcoming and prosperous. Northwest Florida has become just that to many new homeowners. The past year has been an unprecedented year for real estate sales in our area. We experienced the highest priced single-family home to sell on our shores, a gulf front estate in Alys Beach at $16.9 million. Average sales prices soared in the majority of the communities we serve, up by as much as 38%. Average days on market decreased as demand rose higher than supply in many desirable areas. Our brokerage reached a once unimaginable goal, surpassing over $2.1 billion in annual sales volume. As we look ahead for 2022, we believe this unprecedented trend of high demand will continue as indicated in every community along our coast by historically low days on the market. We have not experienced this low of a length of time on the market since we began tracking it in 1993. Adding support to this prediction are the robust sales that the market has already experienced in the first weeks of 2022. Our agents are busy with strong buyer demand, and we continue to find off market opportunities for customers to purchase. With interest rates still favorable for buyers wishing to finance, it is a key time to make educated investment decisions. While we expect some potential headwinds if we do enter a rate-increasing environment, rates are still currently at historical lows and there may never have been a better time to acquire property in our market, provided you plan to hold it for the medium to long term. For those that may be considering selling, to leave the market or to reposition, we always recommend selling into strength. Therefore, due to what we are seeing in the current market conditions, our market has never been more favorable for sellers. As seasoned experts, our agents can help maximize the sale of your property. Now more than ever, having a trusted and knowledgeable real estate agent representing your best interests whether you are buying or selling property is essential. Established in 2007 to be a premier real estate company dedicated to extraordinary customer service, our agency became an affiliate of the Berkshire Hathaway HomeServices network in 2016 and wholly owned by HomeServices of America in 2022. Our brand is built on trust, integrity, stability, and innovation, and our customers benefit by being part of a firm that is an international leader in the sales and promotion of its properties. We look forward to another strong year for real estate sales along our coast and feel so blessed to have worked with all the incredible people that we encountered in 2021. We welcome the opportunity to serve you in 2022 and beyond.
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
1
office locations 1 Ft. Walton Beach
Choctawhatchee Bay 331
98
23
Destin Sandestin 4 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach
Northwest Florida Beaches Internationa Airport
79
Panama City Beach
2
1. destin
5. pier park
151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120
15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160
2. watercolor main
6. port st. joe
28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
200 A Reid Ave Port St. Joe, FL 32456 850.227.3300
3. watercolor crossings
7. windmark beach
49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450
101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716
4. watersound beach
8. st. george island
6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32461 850.213.5150
140 West 1st Street, Ste B St. George Island, FL 32328 850.927.6000
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
5
West Bay
al
20
20
231
Tallahassee
Lynn Haven Panama City Tyndall AFB
Mexico Beach
98
71
Apalachicola National Forest
6
Windmark Beach
7 Port St. Joe
Carrabelle
Apalachicola
Eastpoint
8 Cape San Blas
Gulf of Mexico
Apalachicola Bay
St. George Island
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
3
2021 ACCOLADES
$2,131,251,941 2 0 2 1 C O M PA N Y S A L E S V O LU M E
#
1
B R O K E R AG E O N 3 0 A * T r a nsa c tio ns
TOP 6
B R O K E R AG E I N PA N A M A C I T Y B E AC H * T r a nsa c tio ns + Vo l um e
#
1
B R O K E R AG E O N S T. G E O R G E I S L A N D * T r a nsa c tio ns + Vo l um e
TOP 3
B R O K E R AG E O N T H E F O R G OT T E N C OA S T * T r a nsa c tio ns + Vo l um e
TOP 50
B R O K E R AG E W I T H I N B E R K S H I R E H AT H AWAY H O M E S E R V I C E S 2 0 1 6 , 2 0 1 7, 2 0 1 8 , 2 0 1 9, 2 0 2 0, 2 0 2 1 * Gr o ss Co mm i ssi o n I n co m e
4
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE OF CONTENTS
30a 30A OVERALL 10 R O S E M A R Y B E AC H 1 2 A LY S B E AC H 1 4 WAT E R S O U N D B E AC H 1 6 WAT E R S O U N D O R I G I N S 1 8 SEASIDE 20 WAT E R C O LO R 2 2 S A N TA R O S A B E AC H 2 4 30A WEST 26 N E W C O N S T R U C T I O N | S O U T H WA LTO N 2 8
emerald coast SANDESTIN 32 M I R A M A R B E AC H 3 4 DESTIN 36 N AVA R R E 3 8
30A OVERALL
AVERAGE SOLD PRICE
% GROWTH 2012 - 2021
130%
$2,000,000
$1,500,000
$945,777
$1,024,829
$1,111,652
$1,215,642
$1,223,457
$1,164,367
$1,482,849
$1,818,433
0
$857,791
$500,000
$789,753
$1,000,000
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
AVERAGE DAYS ON MARKET
80%
% GROWTH 2012 - 2021
400
300
200
6
167
155
159
139
140
124
115
108
42
0
217
100
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A OVERALL
PRICE PER SQUARE FOOT
% GROWTH 2012 - 2021
105%
$800
$600
$400
$330
$335
$383
$403
$426
$438
$433
$502
$632
0
$309
$200
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
NUMBER OF SALES
% GROWTH 2012 - 2021
214%
2,000
1,500
1,000
718
777
890
889
1,021
970
1,075
1,710
1,863
0
593
500
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7
30A OVERALL
153 PELICAN CIRCLE UNIT A2 8
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A OVERALL SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
1,710
$2,535,672,048
$1,482,849
$502
108
97%
2021
1,863
$3,387,740,019
$1,818,433
$632
42
98%
PERCENT CHANGE
26%
23%
34%
9%
1%
61%
9%
2021
26%
97% 2020
98% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
632 $
502
2021
$
1,863
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
1,710
NUMBER OF SALES
The 30A market has shown the lowest number of days on market that we have seen since we started tracking this statistic. This indicates demand for homes along 30A has never been stronger. We expect this trend to continue into 2022.
108 2020
42 2021
61%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
9
ROSEMARY BEACH
143 WIGGLE LANE 10
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ROSEMARY BEACH SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
53
$129,590,450
$2,445,103
$798
159
94%
2021
67
$249,584,500
$3,725,142
$1,144
159
96%
43%
0%
2%
PERCENT CHANGE
52%
93%
26%
26%
2021
43%
94% 2020
96% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
1,144 $
798
2021
$
67
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
53
NUMBER OF SALES
The average sale price in Rosemary Beach has moved up quicker than any other location on 30A.
159 2020
159 2021
0%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
11
ALYS BEACH
110 N CHARLES STREET 12
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ALYS BEACH SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
69
$277,259,647
$4,018,256
$1,145
65
98%
2021
60
$303,101,227
$5,051,687
$1,388
33
99%
PERCENT CHANGE
21%
26%
9%
13%
1%
49%
13%
2021
21%
98% 2020
99% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
1,388 $
1,145
2021
$
60
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
69
NUMBER OF SALES
Days on market in Alys Beach is about 20% lower than the average for 30A overall. This indicates that demand for Alys Beach homes may be just about the strongest on 30A.
65 2020
33 2021
49%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
13
WATERSOUND BEACH
425 COOPERSMITH LANE 14
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND BEACH SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
71
$192,925,362
$2,717,259
$719
164
95%
2021
44
$155,595,500
$3,536,261
$946
44
97%
PERCENT CHANGE
32%
30%
19%
38%
2%
73%
38%
2021
32%
95% 2020
97% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
946 $
719
2021
$
44
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
71
NUMBER OF SALES
The number of WaterSound Beach sales decreased significantly during the last year, while the average price and price per square foot were above the 30A average. When properties do come available in this community, buyers should be prepared to move quickly!
164 2020
44 2021
73%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
15
WATERSOUND ORIGINS
61 CATFACE DRIVE 16
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND ORIGINS SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
163
$112,554,698
$690,520
$288
72
99%
2021
209
$183,775,867
$879,310
$352
21
100%
PERCENT CHANGE
22%
27%
63%
28%
1%
71%
28%
2021
22%
99% 2020
100% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
352 $
288
2021
$
209
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
163
NUMBER OF SALES
The Watersound Origins community is (and has been) one to watch! It is quickly becoming the epicenter for sales in the 30A corridor. A dramatic increase in sold volume was driven by a healthy increase in both number of sales and average price.
72 2020
21 2021
71%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
17
SEASIDE
202 RUSKIN PLACE 18
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SEASIDE SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
23
$53,293,655
$2,317,115
$1,307
129
96%
2021
23
$68,069,000
$2,959,522
$1,370
41
98%
PERCENT CHANGE
0%
5%
28%
28%
2%
68%
0%
2021
5%
96% 2020
98% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
1,370 $
1,307
2021
$
23
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
23
NUMBER OF SALES
While Seaside shows a flat number of sales year over year, the average price increase is just about in line with the 30A average, but the average price per square foot increase lagged behind 30A as a whole.
129 2020
41 2021
68%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
19
WATERCOLOR
93 VERMILLION WAY 20
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERCOLOR SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
141
$298,043,255
$2,113,782
$643
98
103%
2021
145
$378,412,321
$2,609,740
$824
27
98%
PERCENT CHANGE
28%
23%
27%
3%
5%
72%
3%
2021
28%
103% 2020
98% 2021
5%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
824 $
643
2021
$
145
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
141
NUMBER OF SALES
WaterColor is experiencing very low days on market and demand is extremely strong in this community. If we do not see many homes come on the market in the next year, we expect a significant increase in home prices.
98 2020
27 2021
72%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
21
SANTA ROSA BEACH
191 TYLER DRIVE 22
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANTA ROSA BEACH SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
540
$262,241,085
$485,632
$208
81
98%
2021
551
$342,084,867
$620,844
$270
39
99%
PERCENT CHANGE
30%
28%
30%
2%
1%
52%
2%
2021
30%
98% 2020
99% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
270 $
208
2021
$
551
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
540
NUMBER OF SALES
The Santa Rosa Beach area (including Point Washington) experienced strong growth in 2021 with days on market, average price, and average price per square foot. These micro markets in South Walton are becoming increasingly desirable.
81 2020
39 2021
52%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
23
30A WEST
31 LUPINE ROAD 24
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A WEST SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
539
$561,847,493
$1,042,389
$394
116
97%
2021
587
$786,824,403
$1,340,416
$513
38
99%
PERCENT CHANGE
30%
27%
21%
9%
2%
67%
9%
2021
30%
97% 2020
99% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
513 $
394
2021
$
587
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
539
NUMBER OF SALES
The 30A West market moved at slightly above the larger 30A market average in 2021. We expect to see that trend continue in the first half of 2022.
116 2020
38 2021
67%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
25
NEW CONSTRUCTION | SOUTH WALTON
115 KAIYA AVENUE 26
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION | SOUTH WALTON SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
407
$422,702,722
$1,038,582
$342
80
94%
2021
366
$430,346,642
$1,175,810
$387
34
95%
PERCENT CHANGE
13%
13%
2%
10%
1%
58%
10%
2021
13%
99% 2020
100% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
387 $
342
2021
$
366
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
407
NUMBER OF SALES
While new homes may appear to be lagging behind the market, they are not. Closings represented in this data are a result of sales that occurred anywhere from 8 to 14 months in the past. The new construction market is very strong as completed home inventory has been so low.
80 2020
34 2021
58%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
27
EMERALD COAST
DESTIN | SANDESTIN | MIRAMAR BEACH
AVERAGE SOLD PRICE
% GROWTH 2012 - 2021
146%
$2,000,000
$1,500,000
$480K
$581,208
$597,761
$613,561
$613,561
$622,779
$688,414
$766,078
$904,046
$1,184,270
$1,000,000
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
$500,000
0
AVERAGE DAYS ON MARKET
82%
% GROWTH 2012 - 2021
400
300
200
28
120
134
152
145
115
102
89
2012
2013
2014
2015
2016
2017
2018
2019
2020
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
36
154
0
197
100
2021
EMERALD COAST
PRICE PER SQUARE FOOT
% GROWTH 2012 - 2021
108%
$800
$600
$400
$217
$239
$239
$248
$261
$276
$288
$319
$412
0
$198
$200
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
NUMBER OF SALES
% GROWTH 2012 - 2021
150%
800
600
400
272
275
299
317
334
360
361
489
602
0
241
200
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
29
SANDESTIN
1536 W ISLAND GREEN LANE 30
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANDESTIN SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
225
$210,234,494
$934,376
$331
81
96%
2021
238
$280,127,961
$1,177,008
$411
32
98%
PERCENT CHANGE
24%
26%
33%
6%
2%
61%
6%
2021
24%
96% 2020
98% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
411 $
331
2021
$
238
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
225
NUMBER OF SALES
Sandestin is experiencing very high demand for homes within its exclusive gates, indicated by the increase in average price and the considerable decrease in days on market. There very well could be untapped value in this community.
81 2020
32 2021
61%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
31
MIRAMAR BEACH
285 TWISTED PINE TRAIL 32
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MIRAMAR BEACH SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
264
$231,844,164
$878,198
$308
96
98%
2021
364
$432,802,573
$1,189,018
$413
39
99%
PERCENT CHANGE
34%
35%
87%
38%
1%
59%
38%
2021
34%
98% 2020
99% 2021
1%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
413 $
308
2021
$
364
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
264
NUMBER OF SALES
Miramar Beach is yet another area that has seen considerable increase in demand demonstrated by a large increase in number of sales year over year and percentage increase in prices.
96 2020
39 2021
59%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
33
DESTIN
4770 CALATRAVA COURT 34
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
DESTIN SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
570
$470,077,525
$824,697
$279
99
96%
2021
620
$696,888,181
$1,124,013
$368
51
98%
PERCENT CHANGE
32%
36%
48%
9%
2%
49%
9%
2021
32%
96% 2020
98% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
368 $
279
2021
$
620
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
570
NUMBER OF SALES
2021 was a breakout year for Destin — showing a higher percentage increase in sold volume, average price, and average price per square foot than 30A!
99 2020
51 2021
49%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
35
NAVARRE
9533 MONACO CIRCLE 36
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NAVARRE SINGLE FAMILY HOMES
YEAR
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2020
1,652
$552,171,765
$334,244
$158
38
99%
2021
1,727
$704,500,859
$407,933
$194
20
101%
PERCENT CHANGE
23%
22%
28%
5%
2%
47%
5%
2021
23%
99% 2020
101% 2021
2%
AVERAGE DAYS ON MARKET
2020
PERCENTAGE OF LIST PRICE SOLD
194 $
158
2021
$
1,727
2020
AVERAGE SOLD PRICE PER SQUARE FOOT
1,652
NUMBER OF SALES
Navarre is lagging behind the broader Emerald Coast market slightly. This could be a prime opportunity to find some exceptional value. However, only 20 days on market proves there is still powerful demand for homes in this beach town.
38 2020
20 2021
47%
ANNUAL REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
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Get to know us at BeachPropertiesFLA.com EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Market data for 2022 as of 1/6/22. Information reported is deemed reliable but is not guaranteed. ©2022 MLS and FBS. ©2022 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a 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.