2020 Mid-Year Market Review for the Coastal Communities of Florida's Gulf Coast

Page 1

FIRST HALF OF 2020 MARKET REPORT FOR THE

COASTAL COMMUNITIES of Florida’s Gulf Coast

HOME TRENDS FOR THE POPULAR COMMUNITIES OF N O R T H W E S T F L O R I D A’ S G U L F C O A S T C O M P L I M E N T S O F C O A S TA L L U X U R Y


CON T E N TS OVERALL 30A SCENIC CORRIDOR . . . . 4 WATERSOUND BEACH . . . . 5 WATERCOLOR BEACH . . . . 6 ROSEMARY . . . . 7 SEASIDE . . . . 8 ALYS BEACH . . . . 9 GRAYTON BEACH . . . . 1 0 30A GULF-FRONT . . . . 1 1 30A HIGH-END LUXURY $3M+ . . . . 1 2 CARILLON BEACH . . . . 1 3 DESTIN & MIRAMAR BEACH . . . . 1 4 SANDESTIN . . . . 1 5 BURNT PINE . . . . 1 6 BAYFRONT DESTIN TO SOUTH WALTON . . . . 1 7


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!


SCENIC HWY 30A CORRIDOR Mid Year

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

755

$1,025,131

$440

1,038

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+53%

+11%

+7%

-20%

794

$1,141,396

$472

833

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

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

$773,973,647

160

95%

2 0 1 9

2 0 1 9

2 0 1 9

-29%

+17%

-9%

0%

6.3

$906,268,204

145

95%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 1 9

2 0 2 0

MID-YEAR 2020


WATERSOUND BEACH Mid Year

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

25

$2,527,400

$735

47

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+8%

-7%

-6

-17

27

$2,339,878

$693

39

2 0 2 0

2 0 2 0

2 0 2 0

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

14.5

$63,185,000

217

95%

2 0 1 9

2 0 1 9

2 0 2 0

2 0 1 9

2 0 1 9

-28%

0%

+32%

-2%

10.4

$63,176,700

286

93%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 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.

4


WATERCOLOR Mid Year

NUMBER OF SALES

AV E R A G E SALES PRICE

37

$1,814,001

2 0 1 9

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

$558

53

2 0 1 9

2 0 1 9

-22%

+10%

+14%

-4%

45

$1,995,935

$633

51

2 0 2 0

2 0 1 9

2 0 2 0

2 0 2 0

2 0 2 0

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

$67,118,500

2 0 1 9

2 0 1 9

146 2 0 1 9

95% 2 0 1 9

-14%

+34%

+13%

-2%

6.5

$89,817,056

165

93%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

MID-YEAR 2020


ROSEMARY BEACH Mid Year

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

23

$1,915,957

$841

54

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

0%

-3%

-11%

+11%

23

$1,866,522

$751

60

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

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

$44,067,000

200

95%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+18%

-3%

-6%

-2%

14.1

$42,067,000

189

93%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 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.

6


SEASIDE Mid Year

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

$2,010,813

$999

17

2 0 1 9

2 0 1 9

-56%

+13%

+38%

-12%

7

$2,039,165

$1,374

15

2 0 2 0

2 0 1 9

2 0 1 9

2 0 2 0

2 0 2 0

2 0 2 0

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

8.2

$32,173,000

70

94%

2 0 1 9

2 0 1 9

2 0 1 9

+30%

-56%

+37%

+2%

10.6

$14,274,155

320

96%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 1 9

2 0 2 0

MID-YEAR 2020


ALYS BEACH Mid Year

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

20

$2,399,410

$903

29

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+45%

+53%

+27%

-59%

29

$3,726,465

$1,146

12

2 0 2 0

2 0 2 0

2 0 2 0

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

9.9

$47,988,199

125

98%

2 0 1 9

2 0 1 9

2 0 2 0

2 0 1 9

2 0 1 9

-71%

+125%

-6%

-1%

2.9

$108,067,486

117

97%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 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.

8


GRAYTON BEACH Mid Year

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

7

$1,537,143

$637

18

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+29%

+39%

+5%

+22%

9

$2,135,611

$671

22

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

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

15.4

$10,760,000

246

88%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+22%

+79%

-24%

+7%

18.9

$19,220,500

187

95%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

MID-YEAR 2020


30A GULF-FRONT Mid Year

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

58

$1,989,522

$779

142

2 0 1 9

2 0 1 9

2 0 1 9

+31%

+2%

+16%

-37%

76

$2,028,530

$905

89

2 0 2 0

2 0 2 0

2 0 2 0

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

14.1

$115,387,250

142

93%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 2 0

2 0 1 9

2 0 1 9

-39%

+34%

-37%

0%

8.5

$154,167,255

89

93%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 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.

10


30A HIGH-END LUXURY $3M+ Mid Year

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

40

$3,918,920

$1,025

106

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+58%

+7%

+2%

+4%

63

$4,190,908

$1,041

110

2 0 2 0

2 0 2 0

2 0 2 0

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

16.5

$156,756,783

202

94%

2 0 1 9

2 0 1 9

2 0 2 0

2 0 1 9

2 0 1 9

-19%

+68%

-11%

+1%

13.3

$264,027,224

179

95%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

MID-YEAR 2020


CARILLON BEACH Mid Year

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

11

$577,364

$249

26

2 0 1 9

2 0 1 9

2 0 1 9

0%

+83%

+36%

-4%

11

$1,055,455

$475

25

2 0 2 0

2 0 2 0

2 0 2 0

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

11.6

$6,351,850

416

94%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

-10%

+83%

-67%

+1%

10.3

$11,610,000

136

95%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

2 0 1 9

2 0 2 0

-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.

12


DESTIN & MIRAMAR BEACH Mid Year

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

1,194

$504,841

$278

1,218

2 0 1 9

2 0 1 9

2 0 1 9

-18%

+13%

+7%

-11%

983

$568,699

$298

1,078

2 0 2 0

2 0 1 9

2 0 2 0

2 0 2 0

2 0 2 0

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

6.4

$602,779,918

145

95%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

-2%

-7%

-9%

0%

6.3

$559,030,940

132

95%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

MID-YEAR 2020


SANDESTIN RESORT Mid Year

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

$507,190

$285

267

2 0 1 9

2 0 1 9

2 0 1 9

-16%

+7%

+8%

-13%

189

$541,449

$308

232

2 0 2 0

2 0 2 0

2 0 2 0

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

7.2

$113,610,563

211

95%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

-3%

-10%

-25%

-1%

7

$102,333,900

158

94%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

2 0 1 9

2 0 2 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.

14


BURNT PINE Mid Year

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

$1,532,321

$369

33

2 0 1 9

2 0 1 9

2 0 1 9

+14%

-1%

+3%

-42%

16

$1,523,750

$381

19

2 0 2 0

2 0 2 0

2 0 2 0

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

14.1

$21,452,500

419

92%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

-53%

+14%

-52%

0%

6.7

$24,380,000

199

93%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

14 2 0 1 9

2 0 2 0

MID-YEAR 2020


BAYFRONT Mid Year

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

60

$714,398

$302

63

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

-15%

+60%

+16%

-8%

51

$1,141,729

$349

58

2 0 2 0

2 0 2 0

2 0 2 0

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

$42,863,850

141

95%

2 0 1 9

2 0 1 9

2 0 1 9

2 0 1 9

+3%

+36

+27%

-3%

6.4

$58,228,180

179

91%

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 0

2 0 2 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.

16


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 Coastal Luxury

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, Coastal Luxury has an established sales record and continues 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 LU XURY 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 O F H E A RI N G F RO M YO U!

Call Erin Oden Directly at 850.502.1220 Erin@CoastalLuxury.com

CoastalLuxury.com

CONSIDERING SELLING? OR LOOKING TO BUY?


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.