2022 | Q2 Market Report | Berkshire Hathaway HomeServices Beach Properties of Florida

Page 1

market report Q2 2022


2022 ACCOLADES

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1

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

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

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

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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 ke rage 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

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 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


PANAMA CITY BEACH CONDOS

36

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY BEACH CONDOS

$367,395

$316

77

99%

$228,827,228

$488,947

$430

23

99%

21%

AVERAGE SOLD PRICE PER SQUARE FOOT

468

41%

793

NUMBER OF SALES

PERCENT CHANGE

$291,344,610

33%

Q2 2021 Q2 2022

Q2 2021 Q2 2022

41%

36%

36%

99% Q2 2021

99% Q2 2022

0%

70%

AVERAGE DAYS ON MARKET

468

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q2 2022

AVERAGE DAYS ON MARKET

430

793

AVERAGE PRICE SF

$

Q2 2021

AVERAGE SOLD PRICE

SOLD VOLUME

316

NUMBER OF SALES

$

YEAR

0%

77 Q2 2021

23 Q2 2022

70%

Q2 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

$538,348

$267

42

99%

$210,752,488

$690,992

$351

28

99%

33%

0%

Q2 2021 Q2 2022

16%

8%

AVERAGE SOLD PRICE PER SQUARE FOOT

305

16%

363

NUMBER OF SALES

PERCENT CHANGE

$195,420,252

28%

31%

99% Q2 2021

99% Q2 2022

AVERAGE DAYS ON MARKET

305

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q2 2022

AVERAGE DAYS ON MARKET

351

363

AVERAGE PRICE SF

$

Q2 2021

AVERAGE SOLD PRICE

SOLD VOLUME

267

NUMBER OF SALES

$

YEAR

42 Q2 2021

28 Q2 2022

Q2 2021 Q2 2022

31%

0%

33%

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

39


PANAMA CITY

SWEETBAY 40

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY SINGLE FAMILY HOMES

$265,856

$145

48

99%

$204,342,819

$330,118

$177

30

99%

Q2 2021 Q2 2022

4%

29%

AVERAGE SOLD PRICE PER SQUARE FOOT

4%

619

596

NUMBER OF SALES

PERCENT CHANGE

$158,450,396

24%

22%

99% Q2 2021

99% Q2 2022

38%

AVERAGE DAYS ON MARKET

619

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q2 2022

AVERAGE DAYS ON MARKET

177

596

AVERAGE PRICE SF

$

Q2 2021

AVERAGE SOLD PRICE

SOLD VOLUME

145

NUMBER OF SALES

$

YEAR

0%

48 Q2 2021

30 Q2 2022

Q2 2021 Q2 2022

22%

0%

38%

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

41


NEW CONSTRUCTION | BAY COUNTY

2109 RUSHES AVENUE 42

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


NEW CONSTRUCTION | BAY COUNTY SINGLE FAMILY HOMES

$359,540

$175

46

100%

$56,028,230

$441,167

$222

20

100%

Q2 2021 Q2 2022

12%

7%

AVERAGE SOLD PRICE PER SQUARE FOOT

12%

127

145

NUMBER OF SALES

PERCENT CHANGE

$52,133,323

23%

27%

100% Q2 2021

100% Q2 2022

57%

AVERAGE DAYS ON MARKET

127

% OF LIST PRICE SOLD

PERCENTAGE OF LIST PRICE SOLD

Q2 2022

AVERAGE DAYS ON MARKET

222

145

AVERAGE PRICE SF

$

Q2 2021

AVERAGE SOLD PRICE

SOLD VOLUME

175

NUMBER OF SALES

$

YEAR

0%

46 Q2 2021

20 Q2 2022

Q2 2021 Q2 2022

27%

0%

57%

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

43


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


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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.


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