Q1 : 2020 | Northwest Florida Market Report | Berkshire Hathaway HomeServices Beach Properties of FL

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MARKET REPORT | Q1 2020


2

MARKET REPORT 2020 2018 || BERKSHIRE BERKSHIRE HATHAWAY HATHAWAY HOMESERVICES HOMESERVICES BEACH BEACH PROPERTIES PROPERTIES OF OF FLORIDA FLORIDA


BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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1

LISTING BROKERAGE ON 30A 2020 *Transactions

#1 BROKERAGE ON 30A EAST 2020 *Transactions

TOP 10 BROKERAGE IN BAY COUNTY 2020 *Transaction & Volume

#1 BROKERAGE ON THE FORGOTTEN COAST 2020 *Volume

TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES 20 1 6 , 2017, 2018, 2019 *Gross Commission Income

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

3


30A

4

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

2743 SCENIC HWY 30A | UNIT 203

6

MARKET REPORT 2020 | 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

$

201

250

Q1 2019

Q1 2020

1,158,545 Q1 2019

$

416

$

1,309,336 Q1 2020

$

478

Q1 2019

Q1 2020

133

125

Q1 2019

Q1 2020

96%

96%

Q1 2019

Q1 2020

24%

13%

15%

6%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7


ROSEMARY BEACH 30A

143 WIGGLE LANE

8

MARKET REPORT 2020 | 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

ROSEMARY BEACH

$

6

10

Q1 2019

Q1 2020

3,303,333 Q1 2019

$

1,112

$

2,048,500

67%

38%

Q1 2020

$

722

Q1 2019

Q1 2020

111

189

Q1 2019

Q1 2020

95%

94%

Q1 2019

Q1 2020

35%

70%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9


ALYS BEACH 30A

11 MOONGATE COURT

10

MARKET REPORT 2020 | 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

$

1

9

Q1 2019

Q1 2020

3,510,000

$

3,703,414 Q1 2020

Q1 2019

$

3,490

$

1,072

Q1 2019

Q1 2020

84

71

Q1 2019

Q1 2020

86%

98%

Q1 2019

Q1 2020

800%

6%

69%

15%

14%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11


WATERSOUND BEACH 30A

37 WEST SALT BOX LANE

12

MARKET REPORT 2020 | 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

$

12

11

Q1 2019

Q1 2020

2,884,583 Q1 2019

$

740

$

2,533,791 Q1 2020

$

695

Q1 2019

Q1 2020

123

229

Q1 2019

Q1 2020

95%

95%

Q1 2019

Q1 2020

8%

12%

6%

86%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13


SEASIDE 30A

23 EAST RUSKIN STREET

14

MARKET REPORT 2020 | 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

2

Q1 2019

Q1 2020

1,660,000

$

2,970,828 Q1 2020

Q1 2019

$

1,021

$

1,630

Q1 2019

Q1 2020

51

541

Q1 2019

Q1 2020

97%

95%

Q1 2019

Q1 2020

50%

79%

60%

960%

2%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15


WATERCOLOR 30A

110 FLATWOOD STREET

16

MARKET REPORT 2020 | 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

$

6

18

Q1 2019

Q1 2020

1,968,167 Q1 2019

$

522

$

1,994,972 Q1 2020

$

615

Q1 2019

Q1 2020

163

111

Q1 2019

Q1 2020

93%

96%

Q1 2019

Q1 2020

200%

1%

18%

32%

3%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

17


30A WEST 30A

31 LUPINE ROAD

18

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


87

Q1 2019

Q1 2020

903,241 Q1 2019

$

344

$

949,733 Q1 2020

$

390

Q1 2019

Q1 2020

AVERAGE DAYS ON MARKET

$

75

102

138

Q1 2019

Q1 2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

30A WEST

96%

96%

Q1 2019

Q1 2020

16%

5%

13%

35%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

19


SANTA ROSA BEACH 30A

95 LITTLE REDFISH LANE

20

MARKET REPORT 2020 | 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

$

98

111

Q1 2019

Q1 2020

368,022 Q1 2019

$

172

$

408,637 Q1 2020

$

186

Q1 2019

Q1 2020

96

114

Q1 2019

Q1 2020

98%

98%

Q1 2019

Q1 2020

13%

11%

8%

19%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

21


NC

N


NEW CONSTRUCTION SOUTH WALTON


NEW CONSTRUCTION NC

7 PARISH | CHURCHILL OAKS

24

MARKET REPORT 2020 | 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

$

96

123

Q1 2019

Q1 2020

754,576 Q1 2019

$

258

$

829,665 Q1 2020

$

296

Q1 2019

Q1 2020

127

95

Q1 2019

Q1 2020

99%

99%

Q1 2019

Q1 2020

28%

10%

13%

25%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

25


EC


EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN


SANDESTIN EC

2941 PINE VALLEY DRIVE

28

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


27

Q1 2019

Q1 2020

857,890 Q1 2019

$

301

$

689,843 Q1 2020

$

289

Q1 2019

Q1 2020

AVERAGE DAYS ON MARKET

$

34

134

157

Q1 2019

Q1 2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANDESTIN

96%

96%

Q1 2019

Q1 2020

21%

20%

4%

17%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

29


MIRAMAR BEACH EC

2075 SCENIC GULF DRIVE | UNIT 8

30

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


49

Q1 2019

Q1 2020

674,016 Q1 2019

$

254

$

1,063,220 Q1 2020

$

292

Q1 2019

Q1 2020

AVERAGE DAYS ON MARKET

$

49

132

110

Q1 2019

Q1 2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

MIRAMAR BEACH

97%

97%

Q1 2019

Q1 2020

0%

78%

15%

17%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

31


DESTIN EC

71 VISTA BLUFFS

32

MARKET REPORT 2020 | 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

105

Q1 2019

Q1 2020

630,516 Q1 2019

$

242

$

650,419 Q1 2020

$

251

Q1 2019

Q1 2020

85

96

Q1 2019

Q1 2020

96%

96%

Q1 2019

Q1 2020

0%

3%

4%

13%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

33


BC


BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY


PANAMA CITY BEACH CONDOS BC

11807 FRONT BEACH ROAD | UNIT 2204

36

MARKET REPORT 2020 | 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

$

313

379

Q1 2019

Q1 2020

277,380 Q1 2019

$

236

$

288,553 Q1 2020

$

255

Q1 2019

Q1 2020

71

92

Q1 2019

Q1 2020

97%

97%

Q1 2019

Q1 2020

21%

4%

8%

30%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

37


PANAMA CITY BEACH BC

116 DRAGON CIRCLE

38

MARKET REPORT 2020 | 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

$

214

234

Q1 2019

Q1 2020

344,474 Q1 2019

$

190

$

382,209 Q1 2020

$

202

9%

11%

85%

Q1 2019

Q1 2020

66

75

Q1 2019

Q1 2020

14%

98%

97%

Q1 2019

Q1 2020

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39


PANAMA CITY BC

2162 BRIAWOOD CIRCLE

40

MARKET REPORT 2020 | 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

$

430

433

Q1 2019

Q1 2020

184,334

$

213,458

1%

16%

Q1 2019

Q1 2020

103

$

Q1 2019

Q1 2020

55

53

Q1 2019

Q1 2020

4%

97%

97%

Q1 2019

Q1 2020

0%

$

117

14%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

41


FC


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


APALACHICOLA FC

110 4TH STREET

44

MARKET REPORT 2020 | 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

$

9

11

Q1 2019

Q1 2020

177,170 Q1 2019

$

146

$

180,727 Q1 2020

$

141

22%

2%

3%

Q1 2019

Q1 2020

142

112

Q1 2019

Q1 2020

21%

91%

88%

Q1 2019

Q1 2020

3%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

45


ST. GEORGE ISLAND FC

1916 NAUTILUS DRIVE

46

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


27

Q1 2019

Q1 2020

792,143 Q1 2019

$

344

$

870,881 Q1 2020

$

348

Q1 2019

Q1 2020

AVERAGE DAYS ON MARKET

$

7

191

123

Q1 2019

Q1 2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ST. GEORGE ISLAND

93%

95%

Q1 2019

Q1 2020

285%

10%

1%

36%

2%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

47


CAPE SAN BLAS FC

141 WEST OVATION DRIVE

48

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


11

Q1 2019

Q1 2020

605,754 Q1 2019

$

280

$

699,838 Q3 2020

$

361

Q1 2019

Q1 2020

AVERAGE DAYS ON MARKET

$

7

229

155

Q1 2019

Q1 2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

CAPE SAN BLAS

96%

95%

Q1 2019

Q1 2020

57%

16%

29%

32%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49


MEXICO BEACH FC

8709 HWY 98 W

50

MARKET REPORT 2020 | 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

$

40

32

Q1 2019

Q1 2020

253,898 Q1 2019

$

160

$

342,247 Q1 2020

$

200

20%

35%

25%

Q1 2019

Q1 2020

74

127

Q1 2019

Q1 2020

72%

91%

94%

Q1 2019

Q1 2020

3%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

51


PORT ST. JOE FC

101 YAUPON STREET

52

MARKET REPORT 2020 | 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

$

28

14

Q1 2019

Q1 2020

162,098 Q1 2019

$

101

$

196,179 Q1 2020

$

111

Q1 2019

Q1 2020

56

62

Q1 2020

Q1 2020

85%

93%

Q1 2019

Q1 2020

50%

21%

10%

11%

9%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

53


LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

28 B WaterColor Way, WaterColor, FL 32459 www.BeachPropertiesFLA.com ©2020 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 HomeServices of America, Inc.® Equal Housing Opportunity.


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