Q3 2023
Market Report
FORGOTTEN COAST
Q3 2023 ACCOLADES #
1
B R O K E R AG E O N 3 0 A *Transa ctions
#
1
B R O K E R AG E I N S O U T H WA LTO N *Transa ctions
TOP 5
L I S T I N G B R O K E R AG E I N PA N A M A C I T Y B E AC H *Transa ctions + Volu m e
TOP 4
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 *Transa ctions + Volu m e
#10 OFFICE GLOBALLY 3 0 A H E A D Q UA R T E R S 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 *Gross Commission Income 2022
#23 BROKERAGE GLOBALLY 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 *Gross Commission Income 2022
TOP 50 2
B R O K E R AG E G LO B A L LY 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 S INCE 201 6 *Gross Commission Income 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 6
S T. G E O R G E I S L A N D 8
CAPE SAN BLAS 10
M E X I C O B E AC H / S T. J O E B E AC H 1 2
P O R T S T. J O E 1 4
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
3
OFFICE LOCATIONS
1 Ft. Walton Beach
Choctawhatchee Bay 331
98
23
5 Destin Sandestin 4 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach
Northwest Florida Beaches Internationa Airport
79
6
West Bay
Panama City Beach
Gulf of Mexico 1. destin 151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120
2. watercolor main 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
3. watercolor crossings 49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450
4. watersound beach 6652 E Co Hwy 30A, Ste 110 Watersound, FL 32461 850.213.5150
4
5. watersound community discovery center 34 Origins Main Street, Suite 101 Watersound, FL 32461 850.213.5170
6. pier park 15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160
7. windmark beach 101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716
8. st. george island 140 West 1st Street, Ste B St. George Island, FL 32328 850.990.0020
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
al
20
20
231
Tallahassee
Lynn Haven Panama City Tyndall AFB
Mexico Beach
98
71
Apalachicola National Forest
7
WindMark Beach
Port St. Joe
Carrabelle
Apalachicola
Eastpoint
8 Cape San Blas
Apalachicola Bay
St. George Island
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
5
APALACHICOLA
6
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
APALACHICOLA SINGLE FAMILY HOMES
$376,727
$244
127
91%
Q3 2023
13
$5,977,500
$459,808
$288
159
94%
PERCENT CHANGE
18%
44%
22%
18%
25%
3%
Q3 2022 Q3 2023
18%
91% Q3 2022
94% Q3 2023
AVERAGE DAYS ON MARKET
$4,144,000
PERCENTAGE OF LIST PRICE SOLD
11
288
Q3 2022
$
% OF LIST PRICE SOLD
244
AVERAGE DAYS ON MARKET
$
AVERAGE PRICE SF
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
13
SOLD VOLUME
11
NUMBER OF SALES
NUMBER OF SALES
YEAR
127 Q3 2022
159 Q3 2023
Q3 2022 Q3 2023
18%
3%
25%
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
7
ST. GEORGE ISLAND
8
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
ST. GEORGE ISLAND SINGLE FAMILY HOMES
$1,393,422
$657
62
96%
Q3 2023
30
$34,044,501
$1,134,817
$571
96
88%
PERCENT CHANGE
20%
2%
19%
13%
55%
8%
Q3 2022 Q3 2023
20%
96% Q3 2022
88% Q3 2023
AVERAGE DAYS ON MARKET
$34,835,550
PERCENTAGE OF LIST PRICE SOLD
25
571
Q3 2022
$
% OF LIST PRICE SOLD
657
AVERAGE DAYS ON MARKET
$
AVERAGE PRICE SF
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
30
SOLD VOLUME
25
NUMBER OF SALES
NUMBER OF SALES
YEAR
62 Q3 2022
96 Q3 2023
Q3 2022 Q3 2023
13%
8%
55%
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
9
CAPE SAN BLAS
10
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
CAPE SAN BLAS SINGLE FAMILY HOMES
$1,230,079
$555
34
96%
Q3 2023
22
$23,317,275
$1,059,876
$529
69
93%
PERCENT CHANGE
42%
50%
14%
5%
103%
4%
Q3 2022 Q3 2023
42%
96% Q3 2022
93% Q3 2023
AVERAGE DAYS ON MARKET
$46,743,000
PERCENTAGE OF LIST PRICE SOLD
38
529
Q3 2022
$
% OF LIST PRICE SOLD
555
AVERAGE DAYS ON MARKET
$
AVERAGE PRICE SF
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
22
SOLD VOLUME
38
NUMBER OF SALES
NUMBER OF SALES
YEAR
34 Q3 2022
69 Q3 2023
Q3 2022 Q3 2023
5%
4%
103%
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
11
MEXICO BEACH | ST. JOE BEACH
12
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES
$672,370
$376
45
97%
Q3 2023
58
$34,257,011
$590,638
$317
141
98%
PERCENT CHANGE
71%
50%
12%
16%
213%
1%
Q3 2022 Q3 2023
71%
97% Q3 2022
98% Q3 2023
AVERAGE DAYS ON MARKET
$22,860,575
PERCENTAGE OF LIST PRICE SOLD
34
317
Q3 2022
$
% OF LIST PRICE SOLD
376
AVERAGE DAYS ON MARKET
$
AVERAGE PRICE SF
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
58
SOLD VOLUME
34
NUMBER OF SALES
NUMBER OF SALES
YEAR
45 Q3 2022
141 Q3 2023
Q3 2022 Q3 2023
16%
1%
213%
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
13
PORT ST. JOE
14
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PORT ST. JOE SINGLE FAMILY HOMES
$349,970
$238
40
96%
Q3 2023
22
$7,891,750
$358,716
$233
53
96%
PERCENT CHANGE
45%
44%
2%
2%
33%
0%
Q3 2022 Q3 2023
45%
96% Q3 2022
96% Q3 2023
AVERAGE DAYS ON MARKET
$13,998,800
PERCENTAGE OF LIST PRICE SOLD
40
233
Q3 2022
$
% OF LIST PRICE SOLD
238
AVERAGE DAYS ON MARKET
$
AVERAGE PRICE SF
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
22
SOLD VOLUME
40
NUMBER OF SALES
NUMBER OF SALES
YEAR
40 Q3 2022
53 Q3 2023
Q3 2022 Q3 2023
2%
0%
33%
REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES Q3MARKET 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICESBEACH BEACHPROPERTIES PROPERTIES OF OF FLORIDA FLORIDA
15
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