FIRST HALF OF 2019 MARKET REPORT FOR THE
COASTAL COMMUNITIES NUMBER OF SALES
of Florida’s Gulf Coast AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
$1,986,035
$620
47
2 0 1 8
2 0 1 8
2 0 1 8
4%
5%
2%
24%
49
$1,884,949
$610
38
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
12
$
148
96% 2 0 1 8
47 2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
29%
1%
22%
9.3
$92,362,625
190
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
HOME TRENDS FOR THE POPULAR COMMUNITIES OF N Ofrom R T FLEX H WMLS E Sfor T combined F L O Rresidential I D A’ S properties GULF COAST Statistics according to data gathered
A Review Cof the Scenic Highway 30A Home Market O M P L I M E N T S O F C O A S TA L L U X U R Y
(detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
De t ac h e d H o m es, A t tached U nits, and C ondosMID-YEAR 2019
CON T EN TS OVERALL 30A SCENIC CORRIDOR . . . . 4 WATERSOUND BEACH . . . . 6 WATERCOLOR BEACH . . . . 8 ROSEMARY . . . . 1 0 SEASIDE . . . . 1 2 ALYS BEACH . . . . 1 4 GRAYTON BEACH . . . . 1 6 30A GULF-FRONT . . . . 1 8 30A HIGH-END LUXURY $3M+ . . . . 2 0 CARILLON BEACH . . . . 2 2 OVERALL DESTIN & MIRAMAR BEACH . . . . 2 4 SANDESTIN . . . . BURNT PINE . . . .
26 28
BAYFRONT DESTIN TO SOUTH WALTON . . . . PG. 2
A YEAR Review of the Greater Destin to 30A Home Market END 2017 D e t ac h e d H o m e s, A t tached U nits, and C ondos
30
A Commitment To Delivering White Glove Service Our firm’s unique targeted marketing efforts, strong database, and intimate market knowledge affords us the opportunity of consistently representing the successful sales of our coast’s finest residences. Coastal Luxury provides a strong team representation to deliver white glove service to our clients.
Please lend us the pleasure of serving you in your real estate endeavors!
M I D -Y E A R M A R K E T R E V I E W
SCENIC HWY 30A CORRIDOR 2019
PG. 4 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
785
$1,025,736
$443
950
2 0 1 8
2 0 1 8
2 0 1 8
-4%
0%
-1%
752
$1,024,993
$440
985
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
7.6
$805,202,862
171
95% 2 0 1 8
2 0 1 8
2 0 1 9
4%
2 0 1 8
2 0 1 8
2 0 1 8
9%
-4%
-6%
8.3
$770,794,466
160
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
4
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Scenic Hwy 30A Corridor
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
WATERSOUND BEACH 2019
PG. 6 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
22
$2,246,864
$761
44
2 0 1 8
2 0 1 8
2 0 1 8
9%
14%
-3%
0%
24
$2,554,583
$735
44
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
10.6
$49,431,000
178
96% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
32%
24%
29%
13.9
$61,310,000
230
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
6
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Watersound Beach
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
WATERCOLOR 2019
PG. 8 YEAR END 2017
NUMBER OF SALES
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
$535
54
2 0 1 8
2 0 1 8
2 0 1 8
-38%
10%
4%
-2%
37
$1,814,001
$558
53
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
6.2
$99,222,000
209
95%
2 0 1 8
2 0 1 8
60 2 0 1 8
2 0 1 9
2 0 1 8
AV E R A G E SALES PRICE
$1,653,700
2 0 1 8
23%
-32%
-30%
7.6
$67,118,050
146
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
8
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Watercolor
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
ROSEMARY 2019
PG. 10
This exclusive residence currently offered for sale: 51 Park Row Lane. coastalluxury.com/listings/51-park-row-lane-2 YEAR END 2017
NUMBER OF SALES
34
AV E R A G E SALES PRICE
$1,824,029
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
$771
46
2 0 1 8
2 0 1 8
2 0 1 8
2 0 1 8
-32%
5%
9%
15%
$841
53
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
8.8
$62,017,000
303
95%
2 0 1 8
2 0 1 8
2 0 1 8
2 0 1 8
34%
-29%
-34%
11.8
$44,067,000
200
95%
2 0 1 9
2 0 1 9
23 2 0 1 9
2 0 1 9
$1,915,957
2 0 1 9
1 0
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Rosemary
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
SEASIDE 2019
PG. 12 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
16
$1,624,463
$1,080
23
2 0 1 8
2 0 1 8
2 0 1 8
0%
24%
-8%
-30%
16
$2,010,813
$999
16
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
12.5
$25,991,400
179
95%
2 0 1 8
2 0 1 8
2 0 1 8
24%
-60%
$32,173,000
71
94%
2 0 1 9
2 0 1 9
2 0 1 8
2 0 1 9
2 0 1 8
-39%
7.7 2 0 1 9
2 0 1 9
1 2
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Seaside
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
ALYS BEACH 2019
PG. 14 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
16
$2,787,274
$957
20
2 0 1 8
2 0 1 8
2 0 1 8
25%
-14%
-6%
40%
20
$2,399,410
$903
28
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
8.0
$44,596,378
103
97%
2 0 1 8
2 0 1 8
2 0 1 8
20%
8%
21%
9.6
$47,988,199
125
98%
2 0 1 9
2 0 1 9
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 9
2 0 1 9
1 4
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Alys Beach
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
GRAYTON BEACH 2019
PG. 16 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
10
$1,459,400
$611
14
2 0 1 8
2 0 1 8
2 0 1 8
-30%
5%
4%
21%
7
$1,537,143
$637
17
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
8
$14,594,000
170
92% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
82%
-26%
44%
14.6
$10,760,000
245
88%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
1 6
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Grayton Beach
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
30A GULF-FRONT 2019
PG. 18 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
77
$1,830,147
$825
108
2 0 1 8
2 0 1 8
2 0 1 8
-25%
9%
-6%
26%
58
$1,989,522
$779
136
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
10.7
$140,921,285
186
94% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
9%
-18%
35%
11.7
$115,392,250
252
93%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
1 8
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
30A Gulf-Front
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
30A HIGH-END LUXURY $3M+ 2019
PG. 20
This exclusive residence currently offered for sale: YEAR END 2017St. www.coastalluxury.com/listings/10-flatwood-street/ 10 Flatwood
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
39
$4,475,461
$1,059
98
2 0 1 8
2 0 1 8
2 0 1 8
3%
-12%
-3%
9%
40
$3,918,920
$1,025
107
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
15.3
$174,542,991
236
94% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
8%
-10%
-15%
16.5
$156,756,783
201
94%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
20
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
30A High-End Luxury $3M+
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
CARILLON BEACH 2019
PG. 22
This exclusive residence currently offered for sale: 60 Deer Lake Beach YEAR END 2017 Dr. www.coastalluxury.com/listings/60-deer-lake-beach-drive
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
12
$705,229
$412
33
2 0 1 8
2 0 1 8
2 0 1 8
-8%
0%
-15%
-27%
11
$577,364
$349
24
2 0 1 8
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
18.0
$8,462,750
269
92% 2 0 1 8
2 0 1 8
2 0 1 8
2 0 1 8
-41%
-25%
55%
10.7
$6,351,000
416
94%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
22
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Carillon Beach
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
DESTIN & MIRAMAR BEACH 2019
PG. 24 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
1,312
$501,189
$283
1,272
2 0 1 8
2 0 1 8
2 0 1 8
-9%
0%
-2%
-10%
1,190
$503,489
$278
1,149
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
6.6
$657,560,241
162
96% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
-7%
-9%
-10%
6.1
$599,151,968
145
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
24
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Overall Destin & Miramar
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
SANDESTIN RESORT 2019
PG. 26 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
224
$519,984
$303
346
2 0 1 8
2 0 1 8
2 0 1 8
0%
-2%
-6%
-24%
223
$507,985
$286
262
2 0 1 9
2 0 1 9
2 0 1 9
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
176
95% 2 0 1 8
2 0 1 8
2 0 1 9
MONTHS OF INVENTORY
10.1
$116,476,440
2 0 1 8
2 0 1 8
2 0 1 8
-30%
-3%
20%
7.1 2 0 1 9
$113,280,563 2 0 1 9
212
95%
2 0 1 9
2 0 1 9
26
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Sandestin Resort
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
BURNT PINE 2019
PG. 28 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
15
$1,395,017
$355
30
2 0 1 8
2 0 1 8
2 0 1 8
-7%
10%
4%
10%
14
$1,532,321
$369
33
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
11.3
$20,925,250
261
94% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
26%
3%
60%
14.1
$21,452,500
419
92%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
28
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Burnt Pine
MID-YEAR 2019
M I D -Y E A R M A R K E T R E V I E W
BAYFRONT
DESTIN TO SOUTH WALTON 2019
PG. 30 YEAR END 2017
NUMBER OF SALES
AV E R A G E SALES PRICE
AV E R A G E P R I C E PER SQUARE FOOT
PROPERTIES ON M A R K E T AT Q U A R T E R E N D
57
$1,031,022
$320
120
2 0 1 8
2 0 1 8
2 0 1 8
5%
-31%
-6%
-48%
60
$714,398
$302
63
2 0 1 9
2 0 1 9
2 0 1 9
MONTHS OF INVENTORY
VOLUME OF SALES
AV E R A G E D AY S O N M A R K E T OF SOLD PROPERTIES
P E R C E N TA G E O F LIST PRICE
14.4
$58,768,257
189
93% 2 0 1 8
2 0 1 8
2 0 1 9
2 0 1 8
2 0 1 8
2 0 1 8
-57%
-27%
-26%
6.2
$42,863,850
141
95%
2 0 1 9
2 0 1 9
2 0 1 9
2 0 1 9
30
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Deemed reliable but not guaranteed.
Bay Front, Destin to South Walton
MID-YEAR 2019
coastal luxury ®
9961 E. CO HWY 30A, SUITE 1 SEACREST, FL 32461
Feature Your Home! All listings of our brokerage receive complimentary features in COASTAL LUXURY M AGAZINE which is direct mailed to high-net worth, out of area target markets, and distributed along 30A in prominent locales. List now for inclusion in this season’s marketing!
White Glove Service and Strategic Targeted Marketing Erin Oden
is the principal broker and owner of Coastal Luxury.
Erin maintains a strong emphasis on intimate market knowledge and a high level of investment in focused niche marketing. Staying closely attuned to the trends to keep clients aligned with the market for peak opportunity, as well as strategically marketing clients’ properties above the expectation and the competition, has proven successful and rewarding. Coastal Luxury provides a strong team representation to deliver white glove service.
Having consistently ranked as a top producer in the top 1% of
agents, and known for selling many of our area's record highest sales, Erin's team has closed +$60 million in residential area sales this past year, continuing to represent the successful sales of our coast's finest residences.
IF YOU A R E LOOK I NG TO S UCCE S S F UL LY S E L L YO UR LUXURY PROPERT Y T H I S S E A S O N , W E WO UL D L OV E T H E PLEA S U R E OF H E A RI N G F RO M YO U!
Call Erin Oden Directly at 850.502.1220 Erin@CoastalLuxury.com
CoastalLuxury.com
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