2022 | Q1 Market Report | Berkshire Hathaway HomeServices Beach Properties of Florida

Page 1

Q1 2022

market report


2022 ACCOLADES

#

1

B R O K E R AG E O N 3 0 A *Tra n s a ct i o n s | Q 1 2 02 2

TOP 5 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 & Tran s acti o n s | Q 1 2 02 2

#

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 + A PA L AC H I C O L A *Vo l u m e & Tran s acti o n s | Q 1 2 02 2

TOP 2 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 & Tran s acti o n s | Q 1 2 02 2

TOP 25 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

bay county PA N A M A C I T Y B E AC H C O N D O S 3 6 PA N A M A C I T Y B E AC H 3 8 PA N A M A C I T Y 4 0 N E W C O N S T R U C T I O N | B AY C O U N T Y 4 2

forgotten coast A PA L AC H I C O L A 4 4 S T. G E O R G E I S L A N D 4 6 CAPE SAN BLAS 48 M E X I C O B E AC H / S T. J O E B E AC H 5 0 P O R T S T. J O E 5 2 REPORT 2021 | BERKSHIRE HATHAWAY Q1MARKET 2022 MARKET REPORT | BERKSHIRE HATHAWAYHOMESERVICES HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF 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


PANAMA CITY BEACH CONDOS

36

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY BEACH CONDOS

5%

$289

59

98%

$253,505,984

$449,479

$411

41

99%

31%

38%

Q1 2021

Q1 2022

42%

42%

98% Q1 2021

99% Q1 2022

1%

31%

AVERAGE DAYS ON MARKET

Q1 2022

$326,686

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$193,724,774

411

5%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

289

564

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

593

564

Q1 2021

593

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

59 Q1 2021

41 Q1 2022

31%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

37


PANAMA CITY BEACH

38

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY BEACH SINGLE FAMILY HOMES

$495,432

$233

75

98%

$178,644,985

$581,905

$303

36

99%

Q1 2021

Q1 2022

2%

29%

AVERAGE SOLD PRICE PER SQUARE FOOT

307

2%

302

NUMBER OF SALES

PERCENT CHANGE

$138,748,425

17%

Q1 2021

Q1 2022

30%

30%

98% Q1 2021

99% Q1 2022

1%

52%

AVERAGE DAYS ON MARKET

307

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q1 2022

AVERAGE DAYS ON MARKET

303

302

AVERAGE PRICE SF

$

Q1 2021

AVERAGE SOLD PRICE

SOLD VOLUME

233

NUMBER OF SALES

$

YEAR

1%

75 Q1 2021

36 Q1 2022

52%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39


PANAMA CITY

3630 CEDAR PARK LANE 40

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY SINGLE FAMILY HOMES

$267,697

$140

54

98%

$167,517,605

$314,292

$164

41

99%

Q1 2021

Q1 2022

4%

22%

AVERAGE SOLD PRICE PER SQUARE FOOT

533

4%

513

NUMBER OF SALES

PERCENT CHANGE

$137,328,584

17%

Q1 2021

Q1 2022

22%

17%

98% Q1 2021

99% Q1 2022

1%

24%

AVERAGE DAYS ON MARKET

533

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q1 2022

AVERAGE DAYS ON MARKET

164

513

AVERAGE PRICE SF

$

Q1 2021

AVERAGE SOLD PRICE

SOLD VOLUME

140

NUMBER OF SALES

$

YEAR

1%

54 Q1 2021

41 Q1 2022

24%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

41


NEW CONSTRUCTION | BAY COUNTY

2105 RUSHES AVENUE 42

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


NEW CONSTRUCTION | BAY COUNTY SINGLE FAMILY HOMES

25%

$158

36

100%

$19,605,674

$478,187

$233

17

100%

10%

48%

Q1 2021

Q1 2022

48%

48%

100% Q1 2021

100% Q1 2022

0%

53%

AVERAGE DAYS ON MARKET

Q1 2022

$323,811

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$17,809,590

233

25%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

158

41

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

55

41

Q1 2021

55

NUMBER OF SALES

NUMBER OF SALES

YEAR

0%

36 Q1 2021

17 Q1 2022

53%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

43


APALACHICOLA

1 SCIPIO CREEK 44

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


APALACHICOLA SINGLE FAMILY HOMES

13%

$167

121

89%

$3,178,000

$353,111

$201

79

96%

53%

36%

Q1 2021

Q1 2022

20%

20%

89% Q1 2021

96% Q1 2022

7%

35%

AVERAGE DAYS ON MARKET

Q1 2022

$259,594

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$2,076,750

201

13%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

167

9

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

8

9

Q1 2021

8

NUMBER OF SALES

NUMBER OF SALES

YEAR

7%

121 Q1 2021

79 Q1 2022

35%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

45


ST. GEORGE ISLAND

2124 SEA FERN WAY 46

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ST. GEORGE ISLAND SINGLE FAMILY HOMES

11%

$432

96

96%

$44,721,750

$1,146,712

$532

84

96%

35%

25%

Q1 2021

Q1 2022

23%

23%

96% Q1 2021

96% Q1 2022

1%

13%

AVERAGE DAYS ON MARKET

Q1 2022

$917,140

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$33,099,900

532

11%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

432

39

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

35

39

Q1 2021

35

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

96 Q1 2021

84 Q1 2022

13%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

47


CAPE SAN BLAS

263 WHITE SANDS DRIVE 48

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


CAPE SAN BLAS SINGLE FAMILY HOMES

18%

$376

74

97%

$38,240,625

$1,158,807

$534

46

98%

26%

53%

Q1 2021

Q1 2022

42%

42%

97% Q1 2021

98% Q1 2022

1%

38%

AVERAGE DAYS ON MARKET

Q1 2022

$760,733

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$30,430,900

534

18%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

376

33

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

40

33

Q1 2021

40

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

74 Q1 2021

46 Q1 2022

38%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49


MEXICO BEACH | ST. JOE BEACH

9305 HIGHWAY 98 50

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES

8%

$238

49

97%

$25,445,698

$620,627

$301

96

96%

54%

43%

Q1 2021

Q1 2022

26%

26%

97% Q1 2021

96% Q1 2022

1%

96%

AVERAGE DAYS ON MARKET

Q1 2022

$435,498

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$16,548,932

301

8%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

238

41

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

38

41

Q1 2021

38

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

49 Q1 2021

96 Q1 2022

96%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

51


PORT ST. JOE

52

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PORT ST. JOE SINGLE FAMILY HOMES

0%

$169

57

97%

$5,887,600

$309,874

$222

30

98%

33%

33%

Q1 2021

Q1 2022

31%

31%

97% Q1 2021

98% Q1 2022

1%

47%

AVERAGE DAYS ON MARKET

Q1 2022

$232,293

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$4,413,570

222

0%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

169

19

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

19

19

Q1 2021

19

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

57 Q1 2021

30 Q1 2022

47%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

53


For You

For Life

LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

Get to know us at BeachPropertiesFLA.com EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST ©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.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.