Forgotten Coast Market Report | Q1 2024| Berkshire Hathaway HomeServices Beach Properties of FL

Page 1

F O R G O T T E N C O A S T Q1 2024
Report
Market

# 1

LISTING BROKERAGE ON 30A

*Transactions

#1

LISTING BROKERAGE IN SOUTH WALTON

*Transactions & Volume

#1

LISTING BROKERAGE IN PANAMA CITY BEACH

*Volume

#1

BROKERAGE ON ST. GEORGE ISLAND + APALACHICOLA

*Volume

#26 GLOBALLY

BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES NETWORK

*2023 Gross Commission Income

$1,371,921,000

TOTAL SALES VOLUME | 2023

Q1 2024 ACCOLADES
2 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
forgotten coast ST. GEORGE ISLAND 6 APALACHICOLA 8 CAPE SAN BLAS 10 PORT ST. JOE 12 MEXICO BEACH / ST. JOE BEACH 14
3 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE OF CONTENTS
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 4 98 1 3 2 331 79 Gulf of Mexico 1. destin 151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120
watercolor main 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
watersound beach
E Co Hwy 30A, Ste 110 Watersound, FL 32461 850.213.5150
watersound
Origins Main Street, Suite 101 Watersound, FL 32461 850.213.5170
pier park
Panama City Beach Pkwy, #140 Panama City Beach, FL 32413
windmark beach 101 Goodmorning Street Port St. Joe,
32456
2.
3.
6652
4.
community discovery center 34
5.
15750
850.252.4160 6.
FL
850.296.3716
Street,
4 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7. st. george island 140 West 1st
Ste B St. George Island, FL 32328 850.990.0020 OFFICE LOCATIONS
International
Beach WindMark Beach
San
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 5 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Lynn Haven Mexico
Cape
Blas

ST. GEORGE ISLAND

6 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
1627 FORSYTHIA TRAIL
Q1 2023 Q1 2024 PERCENT CHANGE 19 16 16% $24,005,000 $24,549,000 2% $1,263,421 $1,534,313 21% $594 $736 24% 142 99 30% 94% 92% 2% 16% 24% 2% 30% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 19 $ 594 16 $ 736 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD ST. GEORGE ISLAND 142 Q1 2023 99 Q1 2024 92 % Q1 2024 94 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 7 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES

APALACHICOLA

8 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Q1 2023 Q1 2024 PERCENT CHANGE 9 8 11% $2,064,501 $3,183,000 54% $229,389 $397,875 73% $168 $266 58% 98 44 55% 88% 94% 7% 11% 58% 7% 55% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 9 $ 168 8 $ 266 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD APALACHICOLA 98 Q1 2023 44 Q1 2024 94 % Q1 2024 88 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 9 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES

CAPE SAN BLAS

10 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Q1 2023 Q1 2024 PERCENT CHANGE 17 19 12% $17,624,800 $24,241,154 38% $1,036,753 $1,275,850 23% $512 $504 2% 86 110 28% 95% 95% 0% 12% 2% 0% 28% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 17 $ 512 19 $ 504 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD CAPE SAN BLAS 86 Q1 2023 110 Q1 2024 95 % Q1 2024 95 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 11 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES

PORT ST. JOE

12 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Q1 2023 Q1 2024 PERCENT CHANGE 23 25 9% $8,552,600 $9,618,450 12% $371,852 $384,738 3% $226 $227 0% 77 49 36% 93% 97% 4% 9% 0% 4% 36% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 23 $ 226 25 $ 227 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD PORT ST. JOE 77 Q1 2023 49 Q1 2024 97 % Q1 2024 93 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 13 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES

MEXICO BEACH | ST. JOE BEACH

14 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
HOMES Q1 2023 Q1 2024 PERCENT CHANGE 49 33 33% $30,888,612 $19,785,640 36% $630,380 $599,565 5% $322 $336 4% 105 62 41% 97% 97% 0% 33% 4% 0% 41% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 49 $ 322 33 $ 336 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD MEXICO BEACH | ST. JOE BEACH 105 Q1 2023 62 Q1 2024 97 % Q1 2024 97 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 15 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY
For You For Life EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Get to know us at bhhsbeachproperties.com Market data for Q1 2024 as of 4/5/24. Infromation reported is deemed reliable but is not guaranteeed. ©2024 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.

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