Q1 2022
market report
2022 ACCOLADES
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B R O K E R AG E O N 3 0 A *Tra n s a ct i o ns | Q1 2022
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B R O K E R AG E I N PA N A M A C I T Y B E AC H * Vo l u m e & Transactions | Q1 2022
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B R O K E R AG E O N S T. G E O R G E I S L A N D + A PA L AC H I C O L A * Vo l u m e & Transactions | Q1 2022
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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 * Vo l u m e & Transactions | Q1 2022
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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 201 6 & 2 017, 2 018, 2 019, 2 02 0, 2 02 1 *G ro s s Co mm i s s io n In co m e
$2,131,251,941 2 0 2 1 C O M PA N Y S A L E S V O LU M E 2
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE OF CONTENTS
30a 30A OVERALL 6 30A WEST 8 R O S E M A R Y B E AC H 1 0 A LY S B E AC H 1 2 WAT E R S O U N D B E AC H 1 4 WAT E R S O U N D O R I G I N S 1 6 SEASIDE 18 WAT E R C O LO R 2 0 S A N TA R O S A B E AC H 2 2 N E W C O N S T R U C T I O N | S O U T H WA LTO N 2 4
emerald coast SANDESTIN 26 M I R A M A R B E AC H 2 8 DESTIN 30 DESTIN CONDOS 32 N AVA R R E 3 4
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
3
office locations 1 Ft. Walton Beach
Choctawhatchee Bay 331
98
2
34
Destin Sandestin 5 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach
Northwest Florida Beaches Internationa Airport
79
Panama City Beach
1. DESTIN
6. 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. 30A WEST
7. PORT ST. JOE
1598 S. Co. Hwy 393, Suite 101 Santa Rosa Beach, FL 32459
200 A Reid Ave Port St. Joe, FL 32459 850.227.3300
3. WATERCOLOR MAIN 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
4. WATERCOLOR CROSSINGS 49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450
5. WATERSOUND BEACH
8. WINDMARK BEACH 101 Goodmorning Street Port St. Joe, FL 32459 850.296.3716
9. ST. GEORGE ISLAND 140 West 1st Street, Ste B St. George Island, FL 32328 850.927.6000
6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32459 850.213.5150
4
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
6
West Bay
al
20
20
231
Tallahassee
Lynn Haven Panama City Tyndall AFB
Mexico Beach
98
71
Apalachicola National Forest
7
Windmark Beach
8 Port St. Joe
Carrabelle
Apalachicola
Eastpoint
9 Cape San Blas
Apalachicola Bay
St. George Island
5
30A OVERALL
6
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A OVERALL SINGLE FAMILY HOMES
$1,836,370
$600
63
98%
$825,185,402
$2,110,449
$694
48
98%
24%
0%
Q1 2021
Q1 2022
13%
.10%
AVERAGE SOLD PRICE PER SQUARE FOOT
391
13%
449
NUMBER OF SALES
PERCENT CHANGE
$824,530,178
15%
Q1 2021
Q1 2022
16%
16%
98% Q1 2021
98% Q1 2022
0%
AVERAGE DAYS ON MARKET
391
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q1 2022
AVERAGE DAYS ON MARKET
694
449
AVERAGE PRICE SF
$
Q1 2021
AVERAGE SOLD PRICE
SOLD VOLUME
600
NUMBER OF SALES
$
YEAR
63 Q1 2021
48 Q1 2022
24%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7
30A WEST
74 LOUVA LANE 8
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A WEST SINGLE FAMILY HOMES
$1,437,880
$490
60
99%
$233,797,366
$1,528,087
$558
53
98%
Q1 2021
Q1 2022
20%
27%
AVERAGE SOLD PRICE PER SQUARE FOOT
153
20%
128
NUMBER OF SALES
PERCENT CHANGE
$184,048,699
6%
Q1 2021
Q1 2022
14%
14%
99% Q1 2021
98% Q1 2022
1%
12%
AVERAGE DAYS ON MARKET
153
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q1 2022
AVERAGE DAYS ON MARKET
558
128
AVERAGE PRICE SF
$
Q1 2021
AVERAGE SOLD PRICE
SOLD VOLUME
490
NUMBER OF SALES
$
YEAR
1%
60 Q1 2021
53 Q1 2022
12%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
9
ROSEMARY BEACH
33 ATTICUS ROAD 10
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ROSEMARY BEACH SINGLE FAMILY HOMES
29%
$1,066
260
95%
$75,876,000
$4,463,294
$1,231
81
97%
15%
21%
Q1 2021
Q1 2022
15%
15%
95% Q1 2021
97% Q1 2022
2%
69%
AVERAGE DAYS ON MARKET
Q1 2022
$3,701,417
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$88,834,000
1,231
29%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,066
17
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
24
17
Q1 2021
24
NUMBER OF SALES
NUMBER OF SALES
YEAR
2%
260 Q1 2021
81 Q1 2022
69%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
11
ALYS BEACH
12
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ALYS BEACH SINGLE FAMILY HOMES
58%
$1,377
63
99%
$22,560,827
$4,512,165
$1,316
2
103%
65%
17%
Q1 2021
Q1 2022
4%
4%
99% Q1 2021
103% Q1 2022
4%
97%
AVERAGE DAYS ON MARKET
Q1 2022
$5,412,406
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$64,948,876
1,316
58%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,377
5
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
12
5
Q1 2021
12
NUMBER OF SALES
NUMBER OF SALES
YEAR
4%
63 Q1 2021
2 Q1 2022
97%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
13
WATERSOUND BEACH
61 COMPASS POINT 14
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND BEACH SINGLE FAMILY HOMES
38%
$852
60
96%
$36,395,000
$3,639,500
$955
52
97%
30%
13%
Q1 2021
Q1 2022
12%
12%
96% Q1 2021
97% Q1 2022
1%
13%
AVERAGE DAYS ON MARKET
Q1 2022
$3,230,000
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$51,680,000
955
38%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
852
10
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
16
10
Q1 2021
16
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
60 Q1 2021
52 Q1 2022
13%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
15
WATERSOUND ORIGINS
1076 PATHWAYS DRIVE 16
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND ORIGINS SINGLE FAMILY HOMES
15%
$319
31
99%
$36,397,985
$1,039,942
$409
14
99%
55%
0%
14%
34%
Q1 2021
Q1 2022
28%
28%
99% Q1 2021
99% Q1 2022
0%
AVERAGE DAYS ON MARKET
Q1 2022
$778,835
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$31,932,216
409
15%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
319
35
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
41
35
Q1 2021
41
NUMBER OF SALES
NUMBER OF SALES
YEAR
31 Q1 2021
14 Q1 2022
55%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
17
SEASIDE
18
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SEASIDE SINGLE FAMILY HOMES
43%
$1,992
57
98%
$14,050,000
$3,512,500
$2,005
11
100%
45%
3%
Q1 2021
Q1 2022
.10%
.10%
98% Q1 2021
100% Q1 2022
2%
81%
AVERAGE DAYS ON MARKET
Q1 2022
$3,617,857
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$25,325,000
2,005
43%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,992
4
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
7
4
Q1 2021
7
NUMBER OF SALES
NUMBER OF SALES
YEAR
2%
57 Q1 2021
11 Q1 2022
81%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
19
WATERCOLOR
127 BLACKWATER STREET 20
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERCOLOR SINGLE FAMILY HOMES
57%
$700
35
99%
$62,541,300
$3,291,647
$1,012
51
98%
35%
51%
Q1 2021
Q1 2022
45%
45%
99% Q1 2021
98% Q1 2022
1%
46%
AVERAGE DAYS ON MARKET
Q1 2022
$2,177,257
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$95,799,300
1,012
57%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
700
19
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
44
19
Q1 2021
44
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
35 Q1 2021
51 Q1 2022
46%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
21
SANTA ROSA BEACH
22
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANTA ROSA BEACH SINGLE FAMILY HOMES
$542,101
$238
65
99%
$86,968,865
$712,860
$307
45
99%
Q1 2021
Q1 2022
3%
36%
AVERAGE SOLD PRICE PER SQUARE FOOT
122
3%
118
NUMBER OF SALES
PERCENT CHANGE
$63,967,915
32%
Q1 2021
Q1 2022
29%
29%
99% Q1 2021
99% Q1 2022
0%
31%
AVERAGE DAYS ON MARKET
122
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q1 2022
AVERAGE DAYS ON MARKET
307
118
AVERAGE PRICE SF
$
Q1 2021
AVERAGE SOLD PRICE
SOLD VOLUME
238
NUMBER OF SALES
$
YEAR
0%
65 Q1 2021
45 Q1 2022
31%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
23
NEW CONSTRUCTION | SOUTH WALTON
274 WHITE COTTAGE ROAD 24
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION | SOUTH WALTON SINGLE FAMILY HOMES
23%
$343
49
99%
$68,687,715
$2,543,989
$586
12
100%
90%
147%
Q1 2021
Q1 2022
71%
71%
99% Q1 2021
100% Q1 2022
1%
76%
AVERAGE DAYS ON MARKET
Q1 2022
$1,031,895
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$36,116,341
586
23%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
343
27
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
35
27
Q1 2021
35
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
49 Q1 2021
12 Q1 2022
76%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
25
SANDESTIN
26
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANDESTIN SINGLE FAMILY HOMES
12%
$381
47
98%
$77,408,118
$1,517,806
$500
42
98%
14%
29%
Q1 2021
Q1 2022
31%
31%
98% Q1 2021
98% Q1 2022
0%
11%
AVERAGE DAYS ON MARKET
Q1 2022
$1,173,154
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$68,042,955
500
12%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
381
51
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
58
5
Q1 2021
12
NUMBER OF SALES
NUMBER OF SALES
YEAR
0%
47 Q1 2021
42 Q1 2022
11%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
27
MIRAMAR BEACH
28
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MIRAMAR BEACH SINGLE FAMILY HOMES
$1,003,081
$358
70
99%
$86,374,960
$1,199,652
$460
33
98%
Q1 2021
Q1 2022
11%
33%
AVERAGE SOLD PRICE PER SQUARE FOOT
72
11%
65
NUMBER OF SALES
PERCENT CHANGE
$65,200,283
20%
Q1 2021
Q1 2022
29%
29%
99% Q1 2021
98% Q1 2022
1%
53%
AVERAGE DAYS ON MARKET
72
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q1 2022
AVERAGE DAYS ON MARKET
460
65
AVERAGE PRICE SF
$
Q1 2021
AVERAGE SOLD PRICE
SOLD VOLUME
358
NUMBER OF SALES
$
YEAR
1%
70 Q1 2021
33 Q1 2022
53%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
29
DESTIN
30
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
DESTIN SINGLE FAMILY HOMES
28%
$318
75
97%
$153,201,790
$1,276,682
$426
42
98%
6%
30%
Q1 2021
Q1 2022
34%
34%
99% Q1 2021
98% Q1 2022
1%
44%
AVERAGE DAYS ON MARKET
Q1 2022
$979,592
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$162,612,272
426
28%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
318
120
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
166
120
Q1 2021
166
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
75 Q1 2021
42 Q1 2022
44%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
31
DESTIN CONDOS
32
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
DESTIN CONDOS
8%
$380
83
98%
$127,318,204
$568,385
$452
48
99%
23%
14%
Q1 2021
Q1 2022
19%
19%
98% Q1 2021
99% Q1 2022
1%
42%
AVERAGE DAYS ON MARKET
Q1 2022
$499,397
PERCENTAGE OF LIST PRICE SOLD
Q1 2021
$103,375,125
452
8%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
380
224
AVERAGE PRICE SF
$
Q1 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
207
224
Q1 2021
207
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
83 Q1 2021
48 Q1 2022
42%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
33
NAVARRE
7709 GULF BOULEVARD 34
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NAVARRE SINGLE FAMILY HOMES
$355,168
$172
32
100%
$145,465,675
$453,164
$218
21
101%
Q1 2021
Q1 2022
8%
17%
AVERAGE SOLD PRICE PER SQUARE FOOT
321
8%
349
NUMBER OF SALES
PERCENT CHANGE
$123,953,739
28%
Q1 2021
Q1 2022
27%
27%
100% Q1 2021
101% Q1 2022
1%
34%
AVERAGE DAYS ON MARKET
321
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q1 2022
AVERAGE DAYS ON MARKET
218
349
AVERAGE PRICE SF
$
Q1 2021
AVERAGE SOLD PRICE
SOLD VOLUME
172
NUMBER OF SALES
$
YEAR
1%
32 Q1 2021
21 Q1 2022
34%
Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
35
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