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.
YEAR-END 2022 NUMBER OF SALES
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE AVERAGE PRICE PER SQUARE FOOT 1 A Review of the Scenic Highway 30A Home Market Detached Homes, Attached Units, and Condos HOME TRENDS FOR THE POPULAR COMMUNITIES OF NORTHWEST FLORIDA’S GULF COAST COMPLIMENTS OF COASTAL LUXURY COASTAL COMMUNITIES of Florida’s Gulf Coast YEAR-END 2022 MARKET REPORT FOR THE
CONTENTS OVERALL 30A SCENIC CORRIDOR ....4 ROSEMARY ....6 ALYS BEACH ....8 WATERSOUND BEACH ....10 WATERCOLOR BEACH ....12 SEASIDE ....14 GRAYTON BEACH ....16 30A GULF-FRONT ....18 30A HIGH-END LUXURY $3M+ ....20 FREEPORT ....22 FREEPORT BAYFRONT ....24 OVERALL DESTIN & MIRAMAR BEACH ....26 SANDESTIN ....28 BURNT PINE ....30 BAYFRONT DESTIN TO SOUTH WALTON ....32 DESTIN & MIRAMAR GULF-FRONT ....34 CARILLON BEACH ....36 A Review of the Greater Destin to 30A Home Market Detached Homes, Attached Units, and Condos
COASTAL LUXURY
Team Approach
TO DELIVERING WHITE GLOVE SERVICE A TRUE
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!
ERIN ODEN
RITA MONTGOMERY
ANNIE LOCKAMY
ALEXSIS MILLS
RON DORMANEN
TODD COSTON
KRISTEN WILSON
PATTY PEARSON
SHARON SIBLEY
BLAIZE MYRICK
HANNAH MARTIN
JEN HAMOR
MEET THE FACES OF
YEAR END 2017
YEAR-END MARKET REVIEW
SCENIC HWY 30A CORRIDOR 2022
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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF INVENTORY ON MARKET AT YEAR END
ON MARKET AT YEAR-END
PRICE
SQUARE FOOT
OF
5 357 4.1 156% 1.6 $3,487,152,511 -16% $4,148,519,928 -24% -1% 58 44 97% 98% 604 $780 23% $634 $1,554,918 26% $1,961,278 1,778 -33% 2,668 Scenic Hwy 30A Corridor 69%
PROPERTIES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET OF SOLD PROPERTIES AVERAGE
PER
PERCENTAGE
LIST PRICE
YEAR END 2017
YEAR-END MARKET REVIEW ROSEMARY 2022
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
$3,052,062 103
$4,855,233 $1,523 13 10 $1,076
1.2
161 $314,362,400 $325,300,600 2.3
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.
97% 45 -72% Rosemary
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
7 92% 3% 1% 30% 42% 59% -35% 96%
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE 67
YEAR END 2017
YEAR-END MARKET REVIEW ALYS BEACH 2022
AVERAGE
4 $1,325 $4,092,299 89
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE
0.5 36% 360% 1%
42 $5,887,308 $1,801 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.
129 $364,214,582 $247,266,927 2.3 44% Alys Beach
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
9 -32% -83% 100% -53%
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
98% 99% 22
YEAR END 2017
YEAR-END MARKET REVIEW
WATERSOUND BEACH 2022
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE
99% 37 49 $185,517,575 $142,486,500 6.8 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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
11 386% -23% -24% 2% 24% 22% -37% 97%
37 $3,850,986 $1,199 21
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES 200% Watersound Beach
7 $965 $3,144,366 59
YEAR END 2017
YEAR-END MARKET REVIEW WATERCOLOR 2022
AVERAGE SALES PRICE
AVERAGE PRICE PER SQUARE FOOT
PROPERTIES ON MARKET AT YEAR-END
11 $844 $2,488,017 165
83 $1,127 26
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
34 $410,522,821 3.8 -32%
$3,348,100 $277,892,286
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.
0.8 35% 12% Watercolor
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022
MARKET AT YEAR END
MONTHS OF INVENTORY ON
13
375% 136% 34% -50%
PERCENTAGE OF LIST PRICE
98% 98% 38
YEAR END 2017
YEAR-END MARKET REVIEW SEASIDE 2022
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
$2,687,133 30
PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE 3 $1,257
64 $80,614,000 $47,421,500 28% 33% 167%
3.2
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.
97% Seaside
97% 34 -41%
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
15 -47% 18% -50%
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES 1.2
AVERAGE 15 $3,161,433 $1,605 4
YEAR END 2017
YEAR-END MARKET REVIEW
GRAYTON BEACH 2022
PROPERTIES ON MARKET AT 2.3
YEAR-END AVERAGE 16 $2,933,094 $989 3
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES 5 $911 $2,391,078 26 -25%
PERCENTAGE OF LIST PRICE -40%
$62,168,025 $46,929,502
96%
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF INVENTORY ON MARKET AT YEAR END
SALES PRICE
AVERAGE PRICE PER SQUARE FOOT
17 -60% 9% 23% -38% 96%
44 110
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. 2.3
Grayton Beach
YEAR END 2017
30A GULF-FRONT
YEAR-END MARKET REVIEW 2022
AVERAGE SALES PRICE
PROPERTIES ON MARKET AT YEAR-END
30 $1,097 $2,666,655 206
133 $4,554,192 $1,482 53
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
72 $549,330,875 $605,707,600 4.8
95% 97% 40
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.
1.7 30A Gulf-Front
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
MARKET AT YEAR END
INVENTORY ON
19 182% 10% 2% -44% 77% 35% 71% -35%
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE
YEAR END 2017
30A HIGH-END LUXURY $3M+ YEAR-END MARKET REVIEW 2022
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
83 $1,169 $4,553,810 337
307 $5,391,902 $1,331 169
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE
110 $1,534,633,856 $1,655,313,910 6.6
97% 45
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.
3 30A High-End Luxury $3M+
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
21 120% 8% -59% 104% 14% 18% -9% 97%
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
YEAR END 2017
FREEPORT
YEAR-END MARKET REVIEW 2022
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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF INVENTORY ON MARKET AT YEAR END
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE AVERAGE
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE 23 70% 35% 8% 89% 15% 22% 99% 99% 42 39 $278,126,420 $375,706,919 3.4 2.0 829 $453,205 $209 233 123 $182 $370,341 751 Freeport 10%
DAYS ON MARKET OF SOLD PROPERTIES
YEAR END 2017
FREEPORT BAYFRONT
YEAR-END MARKET REVIEW 2022
8 $341 $786,411 48
AVERAGE SALES PRICE AVERAGE DAYS
PROPERTIES AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE
PROPERTIES ON MARKET AT YEAR-END
33 $952,200 $399 11
2.0
39 $37,747,746 $31,422,605 4.0
MARKET Freeport BAYFRONT -31%
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
25 100% -17% 92% 38% 17% 21%
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.
ON
OF SOLD
95% 95% 75
YEAR END 2017
DESTIN & MIRAMAR BEACH
YEAR-END MARKET REVIEW 2022
AVERAGE SALES PRICE
AVERAGE PRICE PER SQUARE FOOT
PROPERTIES ON MARKET AT YEAR-END
555 $400 $758,998 3,427
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
PERCENTAGE OF LIST PRICE
1.9
63 $2,601,086,526 $2,241,890,204 4.3
98% 97% 53
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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022
MARKET AT YEAR END
MONTHS OF INVENTORY ON
27 126% -14% -16% -1% 61% 25% 18% -27%
2,508 $893,896 $501 893 Overall Destin & Miramar
YEAR END 2017
SANDESTIN RESORT
YEAR-END MARKET REVIEW 2022
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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF INVENTORY ON MARKET AT YEAR END
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF
PRICE 29 107% -8% -1% -33% 44% 31% 33% -31% 97% 96% 42 63 3.1 1.5 552 $912,958 $535 144 100 $409 $684,234 802
Sandestin Resort
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
LIST
$584,755,528 $503,952,679
YEAR END 2017
BURNT PINE
YEAR-END MARKET REVIEW 2022
AVERAGE
PROPERTIES ON MARKET AT YEAR-END
5 $482 $2,266,332 52
33 $2,888,525 $665 9
1.2
AVERAGE Burnt Pine
72 $117,849,255 $95,321,332 3.3
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
PRICE
SQUARE FOOT
31 175% -19% -39% -3% 80% 38% 27% -37%
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.
SALES PRICE AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
PER
PERCENTAGE OF LIST PRICE
96% 93% 44
YEAR END 2017
BAYFRONT DESTIN
YEAR-END MARKET REVIEW 2022
TO SOUTH WALTON
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.
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF INVENTORY ON MARKET AT YEAR END
AVERAGE SALES PRICE
AVERAGE PRICE PER SQUARE FOOT
OF
PRICE 33 -9% 44% 4% -33% 29% 15% 95% 95% 62 93
3.2 162 $1,602,661 $556 62 48 $450 $1,399,587 179 Bay Front, Destin to South Walton 24%
PROPERTIES ON MARKET AT YEAR-END
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
PERCENTAGE
LIST
$250,526,099 $259,631,018 4.6
YEAR END 2017
DESTIN & MIRAMAR GULF-FRONT YEAR-END MARKET REVIEW 2022
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE 410 $1,162,715 $705 172
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
-31%
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.
$560,522,570 $476,713,332 5.0 101 $562 $943,641 594 Destin & Miramar Gulf-front
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
35 150% -15% -42% 70% 25% 23% 97% 97% 42 72
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES 2.0
YEAR END 2017
CARILLON BEACH
YEAR-END MARKET REVIEW 2022
PROPERTIES ON MARKET AT YEAR-END AVERAGE SALES PRICE
$1,203,472
8 $557
239 $64,987,464 $22,063,925 6.0 -59%
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.
100% 33 54 Carillon Beach
1.8
2021 2022 2021 2022 2021 2022 2021 2022 YEAR-END 2022 VOLUME OF SALES NUMBER OF SALES 2021 2022 2021 2022 2021 2022 2021 2022 MONTHS OF
ON MARKET AT YEAR END
INVENTORY
37 233% -66% -86% 3% 38% 23% -17% 97%
AVERAGE DAYS ON MARKET OF SOLD PROPERTIES
AVERAGE PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE 22 $1,002,906 $684 11
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 consistently ranks as a top producer in the luxury market, having closed over a billion dollars in sales by successfully marketing and selling numerous record breaking transactions.
“If you are looking to successfully sell your luxury property this season, we would love to hear from you and be your resource!”
- Erin Oden & Kristen Wilson
CoastalLuxury.com
Erin Oden is the principal broker and Kristen Wilson leads the sales team as the managing broker of Coastal Luxury.