Q1 2023 Market Report | Forgotten Coast | Berkshire Hathaway HomeServices Beach Properties of FL

Page 1

Q1 2023
FORGOTTEN COAST
Market Report

# 1

BROKERAGE ON 30A

*Transactions # 1

BROKERAGE IN SOUTH WALTON

*Transactions # 1

BROKERAGE ON ST GEORGE ISLAND + APALACHICOLA

*Volume TOP 4

LISTING BROKERAGE IN PANAMA CITY BEACH

*Transactions + Volume # 10

OFFICE

WITHIN GLOBAL BERKSHIRE HATHAWAY HOMESERVICES NETWORK

30A HEADQUARTERS

*Gross Commission Income 2022

# 23 GLOBALLY

BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES

*Gross Commission Income 2022

Top 50 Annually Since 2016

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 2
Q1 2023 ACCOLADES
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 3 forgotten coast APALACHICOLA 6 ST. GEORGE ISLAND 8 CAPE SAN BLAS 10 MEXICO BEACH / ST. JOE BEACH 12 PORT ST. JOE 14 TABLE OF CONTENTS Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 4 Northwest Florida Beaches International Airport Destin Ft. Walton Beach Sandestin Blue Mountain Beach Seaside WaterColor Seagrove WaterSound Beach Rosemary Beach Panama City Beach West Bay Choctawhatchee Bay 5 98 1 4 2 331 79 3 1. destin 151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120 2. watercolor main 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006 3. watercolor crossings 49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450 4. watersound beach 6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32461 850.213.5150 5. pier park 15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160 6. windmark beach 101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716 7. st. george island 140 West 1st Street, Ste B St. George Island, FL 32328 850.990.0020 OFFICE LOCATIONS

Gulf of Mexico

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 5 International Lynn Haven Mexico Beach WindMark Beach Cape San Blas Apalachicola National Forest St. George Island Port St. Joe Apalachicola Tyndall AFB Tallahassee Eastpoint Carrabelle Panama City Apalachicola Bay 71 98 231 20 20 6 7
Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

APALACHICOLA

SINGLE FAMILY HOMES

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 7
APALACHICOLA
0% 16% 8% 24% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 9 $ 201 9 $ 168 9 9 0% $3,178,000 $2,064,501 35% $353,111 $229,389 35% $201 $168 16% 79 98 24% 96% 88% 8% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 79 Q1 2022 98 Q1 2023 88 % Q1 2023 96 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

ST. GEORGE ISLAND

ST. GEORGE ISLAND

SINGLE FAMILY HOMES

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 9
51% 12% 2% 69% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 39 $ 532 19 $ 594 39 19 51% $44,721,750 $24,005,000 46% $1,146,712 $1,263,421 10% $532 $594 12% 84 142 69% 96% 94% 2% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 84 Q1 2022 142 Q1 2023 94 % Q1 2023 96 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

CAPE SAN BLAS

SINGLE FAMILY HOMES

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 11
CAPE SAN BLAS
48% 4% 3% 87% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 33 $ 534 17 $ 512 33 17 48% $38,240,625 $17,624,800 54% $1,158,807 $1,036,753 11% $534 $512 4% 46 86 87% 98% 95% 3% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 46 Q1 2022 86 Q1 2023 95 % Q1 2023 98 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

MEXICO BEACH | ST. JOE BEACH

MEXICO BEACH | ST. JOE BEACH

SINGLE FAMILY HOMES

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 13
20% 7% 1% 9% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 41 $ 301 49 $ 322 41 49 20% $25,445,698 $30,888,612 21% $620,627 $630,380 2% $301 $322 7% 96 105 9% 96% 97% 1% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 96 Q1 2022 105 Q1 2023 97 % Q1 2023 96 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

PORT ST. JOE

SINGLE FAMILY HOMES

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 15
PORT ST. JOE
21% 2% 5% 157% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 19 $ 222 23 $ 226 19 23 21% $5,887,600 $8,552,600 45% $309,874 $371,852 20% $222 $226 2% 30 77 157% 98% 93% 5% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 30 Q1 2022 77 Q1 2023 93 % Q1 2023 98 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
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