market report Q2 2022
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 | Q2 2022
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 & Transactions | Q2 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 | Q2 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 | Q2 2022
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21 GLOBALLY
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 N E T W O R K *G ro s s Co mm i s s io n In co m e | 2 02 1 To p 5 0 Bro kerage An n ual ly S i n ce 2 01 6
$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
23
Destin Sandestin 4 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach
Northwest Florida Beaches Internationa Airport
79
Panama City Beach
1. DESTIN
5. 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. WATERCOLOR MAIN
6. WINDMARK BEACH
28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716
3. WATERCOLOR CROSSINGS
7. ST. GEORGE ISLAND
49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450
140 West 1st Street, Ste B St. George Island, FL 32328 850.927.6000
4. WATERSOUND BEACH 6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32461 850.213.5150
4
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
5
West Bay
al
20
20
231
Tallahassee
Lynn Haven Panama City Tyndall AFB
Mexico Beach
98
71
Apalachicola National Forest
6
WindMark Beach
Port St. Joe
Carrabelle
Apalachicola
Eastpoint
7 Cape San Blas
Apalachicola Bay
St. George Island
5
30A OVERALL
6
30A OVERALL SINGLE FAMILY HOMES
$1,782,432
$624
34
99%
$924,861,773
$2,554,867
$825
25
99%
26%
0%
Q2 2021
Q2 2022
34%
5%
AVERAGE SOLD PRICE PER SQUARE FOOT
362
34%
546
NUMBER OF SALES
PERCENT CHANGE
$973,208,007
43%
Q2 2021
32%
99% Q2 2021
99% Q2 2022
AVERAGE DAYS ON MARKET
362
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q2 2022
AVERAGE DAYS ON MARKET
825
546
AVERAGE PRICE SF
$
Q2 2021
AVERAGE SOLD PRICE
SOLD VOLUME
624
NUMBER OF SALES
$
YEAR
34 Q2 2021
25 Q2 2022
Q2 2022
32%
0%
26%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7
30A WEST
8
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
30A WEST SINGLE FAMILY HOMES
$1,273,509
$483
28
99%
$209,937,219
$1,706,807
$629
26
98%
Q2 2021
Q2 2022
29%
4%
AVERAGE SOLD PRICE PER SQUARE FOOT
123
29%
172
NUMBER OF SALES
PERCENT CHANGE
$219,043,483
34%
Q2 2021
30%
99% Q2 2021
98% Q2 2022
7%
AVERAGE DAYS ON MARKET
123
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q2 2022
AVERAGE DAYS ON MARKET
629
172
AVERAGE PRICE SF
$
Q2 2021
AVERAGE SOLD PRICE
SOLD VOLUME
483
NUMBER OF SALES
$
YEAR
1%
28 Q2 2021
26 Q2 2022
Q2 2022
30%
1%
7%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
9
ROSEMARY BEACH
10
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ROSEMARY BEACH SINGLE FAMILY HOMES
42%
$1,100
115
98%
$78,869,600
$5,633,543
$1,558
42
98%
42%
64%
3%
68%
98% Q2 2021
98% Q2 2022
AVERAGE DAYS ON MARKET
Q2 2022
$3,380,167
PERCENTAGE OF LIST PRICE SOLD
Q2 2021
$81,124,000
1,558
42%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,100
14
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
24
14
Q2 2021
24
NUMBER OF SALES
NUMBER OF SALES
YEAR
0%
115 Q2 2021
42 Q2 2022
Q2 2021 Q2 2022
42%
0%
64%
Q2 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
Q2 2021 Q2 2022
13%
$62,613,461
$4,174,231
$1,179
21
99%
$85,128,944
$6,548,380
$1,853
20
99%
57%
99% Q2 2021
99% Q2 2022
5%
AVERAGE DAYS ON MARKET
57%
PERCENTAGE OF LIST PRICE SOLD
36%
1,853
13%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,179
13
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
15
13
Q2 2021
15
NUMBER OF SALES
NUMBER OF SALES
YEAR
0%
21 Q2 2021
20 Q2 2022
Q2 2021 Q2 2022
57%
0%
5%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
13
WATERSOUND BEACH
14
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND BEACH SINGLE FAMILY HOMES
Q2 2021 Q2 2022
10%
$37,295,000
$3,729,500
$886
28
98%
$46,380,000
$4,216,364
$1,223
16
100%
38%
98% Q2 2021
100% Q2 2022
43%
AVERAGE DAYS ON MARKET
13%
PERCENTAGE OF LIST PRICE SOLD
24%
1,223
10%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
886
11
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
10
11
Q2 2021
10
NUMBER OF SALES
NUMBER OF SALES
YEAR
2%
28 Q2 2021
16 Q2 2022
Q2 2021 Q2 2022
38%
2%
43%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
15
WATERSOUND ORIGINS
100 SAWBUCK DRIVE 16
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERSOUND ORIGINS SINGLE FAMILY HOMES
Q2 2021 Q2 2022
39%
$45,890,103
$849,817
$340
12
100%
$37,450,259
$1,134,856
$450
0
99%
32%
100% Q2 2021
99% Q2 2022
100%
AVERAGE DAYS ON MARKET
34%
PERCENTAGE OF LIST PRICE SOLD
18%
450
39%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
340
33
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
54
33
Q2 2021
54
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
12 Q2 2021
0 Q2 2022
Q2 2021 Q2 2022
32%
1%
100%
Q2 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
Q2 2021 Q2 2022
64%
$27,222,000
$2,474,727
$1,078
45
97%
$11,533,000
$2,883,250
$1,408
9
101%
31%
97% Q2 2021
101% Q2 2022
80%
AVERAGE DAYS ON MARKET
17%
PERCENTAGE OF LIST PRICE SOLD
58%
1,408
64%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
1,078
4
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
11
4
Q2 2021
11
NUMBER OF SALES
NUMBER OF SALES
YEAR
4%
45 Q2 2021
9 Q2 2022
Q2 2021 Q2 2022
31%
4%
80%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
19
WATERCOLOR
60 SPARTINA CIRCLE 20
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
WATERCOLOR SINGLE FAMILY HOMES
Q2 2021 Q2 2022
55%
$131,810,228
$2,584,514
$832
23
98%
$94,849,600
$4,123,896
$1,145
14
100%
38%
98% Q2 2021
100% Q2 2022
39%
AVERAGE DAYS ON MARKET
60%
PERCENTAGE OF LIST PRICE SOLD
28%
1,145
55%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
832
23
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
51
23
Q2 2021
51
NUMBER OF SALES
NUMBER OF SALES
YEAR
2%
23 Q2 2021
14 Q2 2022
Q2 2021 Q2 2022
38%
2%
39%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
21
SANTA ROSA BEACH
285 TWISTED PINE TRAIL 22
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANTA ROSA BEACH SINGLE FAMILY HOMES
$680,583
$277
32
99%
$113,047,977
$769,034
$335
26
98%
Q2 2021 Q2 2022
5%
8%
AVERAGE SOLD PRICE PER SQUARE FOOT
147
5%
154
NUMBER OF SALES
PERCENT CHANGE
$104,809,733
13%
21%
99% Q2 2021
98% Q2 2022
19%
AVERAGE DAYS ON MARKET
147
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q2 2022
AVERAGE DAYS ON MARKET
335
154
AVERAGE PRICE SF
$
Q2 2021
AVERAGE SOLD PRICE
SOLD VOLUME
277
NUMBER OF SALES
$
YEAR
1%
32 Q2 2021
26 Q2 2022
Q2 2021 Q2 2022
21%
1%
19%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
23
NEW CONSTRUCTION | SOUTH WALTON
CHURCHILL OAKS 24
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION | SOUTH WALTON SINGLE FAMILY HOMES
Q2 2021 Q2 2022
29%
$133,082,861
$1,279,643
$381
37
101%
$134,137,431
$1,812,668
$538
13
99%
41%
101% Q2 2021
99% Q2 2022
65%
AVERAGE DAYS ON MARKET
42%
PERCENTAGE OF LIST PRICE SOLD
1%
538
29%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
381
74
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
104
74
Q2 2021
104
NUMBER OF SALES
NUMBER OF SALES
YEAR
2%
37 Q2 2021
13 Q2 2022
Q2 2021 Q2 2022
41%
2%
65%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
25
SANDESTIN
1507 E ISLAND GREEN LANE 26
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SANDESTIN SINGLE FAMILY HOMES
Q2 2021 Q2 2022
32%
$79,303,531
$1,149,327
$401
26
99%
$74,250,272
$1,579,793
$563
11
98%
40%
99% Q2 2021
98% Q2 2022
58%
AVERAGE DAYS ON MARKET
37%
PERCENTAGE OF LIST PRICE SOLD
6%
563
32%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
401
47
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
69
47
Q2 2021
69
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
26 Q2 2021
11 Q2 2022
Q2 2021 Q2 2022
40%
1%
58%
Q2 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
Q2 2021 Q2 2022
30%
$141,907,181
$1,351,497
$420
37
98%
$132,026,205
$1,784,138
$545
34
99%
30%
98% Q2 2021
99% Q2 2022
8%
AVERAGE DAYS ON MARKET
32%
PERCENTAGE OF LIST PRICE SOLD
7%
545
30%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
420
74
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
105
74
Q2 2021
105
NUMBER OF SALES
NUMBER OF SALES
YEAR
1%
37 Q2 2021
34 Q2 2022
Q2 2021 Q2 2022
30%
1%
8%
Q2 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
$212,785,309
$1,229,973
$380
46
98%
$191,843,368
$1,498,776
$464
25
98%
Q2 2021 Q2 2022
Q2 2021 Q2 2022
26%
22%
22%
98% Q2 2021
98% Q2 2022
0%
46%
AVERAGE DAYS ON MARKET
22%
PERCENTAGE OF LIST PRICE SOLD
10%
464
26%
% OF LIST PRICE SOLD
$
PERCENT CHANGE
AVERAGE DAYS ON MARKET
380
128
AVERAGE PRICE SF
$
Q2 2022
AVERAGE SOLD PRICE
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
173
128
Q2 2021
173
NUMBER OF SALES
NUMBER OF SALES
YEAR
0%
46 Q2 2021
25 Q2 2022
46%
Q2 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
AVERAGE SOLD PRICE
AVERAGE PRICE SF
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
$141,594,021
$514,887
$390
67
99%
236
$162,810,350
$689,874
$535
45
99%
14%
15%
Q2 2021 Q2 2022
Q2 2021 Q2 2022
14%
37%
99% Q2 2021
99% Q2 2022
0%
33%
AVERAGE DAYS ON MARKET
37%
PERCENTAGE OF LIST PRICE SOLD
535 $
34%
390
PERCENT CHANGE
$
Q2 2022
SOLD VOLUME
AVERAGE SOLD PRICE PER SQUARE FOOT
275
236
Q2 2021
275
NUMBER OF SALES
NUMBER OF SALES
YEAR
0%
67 Q2 2021
45 Q2 2022
33%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
33
NAVARRE
34
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NAVARRE SINGLE FAMILY HOMES
$410,930
$193
18
101%
$218,729,909
$515,872
$240
13
101%
Q2 2021 Q2 2022
5%
20%
AVERAGE SOLD PRICE PER SQUARE FOOT
5%
424
445
NUMBER OF SALES
PERCENT CHANGE
$182,863,869
26%
24%
101% Q2 2021
101% Q2 2022
28%
AVERAGE DAYS ON MARKET
424
% OF LIST PRICE SOLD
PERCENTAGE OF LIST PRICE SOLD
Q2 2022
AVERAGE DAYS ON MARKET
240
445
AVERAGE PRICE SF
$
Q2 2021
AVERAGE SOLD PRICE
SOLD VOLUME
193
NUMBER OF SALES
$
YEAR
0%
18 Q2 2021
13 Q2 2022
Q2 2021 Q2 2022
24%
0%
28%
Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
35
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