Q2 2022 | Forgotten Coast Market Report | Berkshire Hathaway HomeServices Beach Properties of FL

Page 1

market report Q2 2022


2022 ACCOLADES

#

1

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

#

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 & Transactions | Q2 2022

TOP 3

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

#

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

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

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


APALACHICOLA

163 AVE B 44

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


APALACHICOLA SINGLE FAMILY HOMES

Q2 2021 Q2 2022

18%

$5,136,999

$302,176

$219

143

95%

$6,928,000

$494,857

$283

113

95%

29%

95% Q2 2021

95% Q2 2022

21%

AVERAGE DAYS ON MARKET

64%

PERCENTAGE OF LIST PRICE SOLD

35%

283

18%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

219

14

AVERAGE PRICE SF

$

Q2 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

17

14

Q2 2021

17

NUMBER OF SALES

NUMBER OF SALES

YEAR

0%

143 Q2 2021

113 Q2 2022

Q2 2021 Q2 2022

29%

0%

21%

Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

45


ST. GEORGE ISLAND

46

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ST. GEORGE ISLAND SINGLE FAMILY HOMES

Q2 2021 Q2 2022

29%

$75,216,385

$1,296,834

$533

83

97%

$55,799,200

$1,360,956

$608

81

95%

14%

97% Q2 2021

95% Q2 2022

2%

AVERAGE DAYS ON MARKET

5%

PERCENTAGE OF LIST PRICE SOLD

26%

608

29%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

533

41

AVERAGE PRICE SF

$

Q2 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

58

41

Q2 2021

58

NUMBER OF SALES

NUMBER OF SALES

YEAR

2%

83 Q2 2021

81 Q2 2022

Q2 2021 Q2 2022

14%

2%

2%

Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

47


CAPE SAN BLAS

48

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


CAPE SAN BLAS SINGLE FAMILY HOMES

Q2 2021 Q2 2022

29%

$49,087,500

$962,500

$460

74

97%

$45,987,500

$1,277,431

$601

32

96%

31%

97% Q2 2021

96% Q2 2022

1%

AVERAGE DAYS ON MARKET

33%

PERCENTAGE OF LIST PRICE SOLD

6%

601

29%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

460

36

AVERAGE PRICE SF

$

Q2 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

51

36

Q2 2021

51

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

74 Q2 2021

32 Q2 2022

Q2 2021 Q2 2022

31%

1%

1%

Q2 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49


MEXICO BEACH | ST. JOE BEACH

50

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES

$418,046

$242

31

98%

$26,383,560

$628,180

$355

26

99%

Q2 2021 Q2 2022

2%

54%

AVERAGE SOLD PRICE PER SQUARE FOOT

42

2%

41

NUMBER OF SALES

PERCENT CHANGE

$17,139,868

50%

47%

98% Q2 2021

99% Q2 2022

16%

AVERAGE DAYS ON MARKET

42

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q2 2022

AVERAGE DAYS ON MARKET

355

41

AVERAGE PRICE SF

$

Q2 2021

AVERAGE SOLD PRICE

SOLD VOLUME

242

NUMBER OF SALES

$

YEAR

1%

31 Q2 2021

26 Q2 2022

Q2 2021 Q2 2022

47%

1%

16%

Q2 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

Q2 2021 Q2 2022

19%

$11,312,585

$305,746

$176

67

97%

$10,722,973

$357,432

$243

49

96%

38%

97% Q2 2021

96% Q2 2022

27%

AVERAGE DAYS ON MARKET

17%

PERCENTAGE OF LIST PRICE SOLD

5%

243

19%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

176

30

AVERAGE PRICE SF

$

Q2 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

37

30

Q2 2021

37

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

67 Q2 2021

49 Q2 2022

Q2 2021 Q2 2022

38%

1%

27%

Q2 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 ©2022 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. *Market data for July 2022 as of 7/6/22. Information reported is deemed reliable but is not guaranteed. ©2022 MLS and FBS.


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.