Year-End 2020 Market Report by Coastal Luxury

YEAR-END 2020 MARKET REPORT FOR THE

COASTAL COMMUNITIES of Florida’s Gulf Coast

HOME TRENDS FOR THE POPULAR COMMUNITIES OF NORTHWEST FLORIDA’S GULF COAST COMPLIMENTS OF COASTAL LUXURY

CON T E N TS OVERALL 30A SCENIC CORRIDOR . . . . 5 WATERSOUND BEACH . . . . 6 WATERCOLOR . . . . 7 ROSEMARY . . . . 8 SEASIDE . . . . 9 ALYS BEACH . . . . 10 GRAYTON BEACH . . . . 1 1 30A GULF-FRONT . . . . 1 2 30A HIGH-END LUXURY $3M+ . . . . 1 3 CARILLON BEACH . . . . 1 4 DESTIN & MIRAMAR BEACH . . . . 1 5 SANDESTIN RESORT . . . . 1 6 BURNT PINE . . . . 1 7 BAYFRONT DESTIN TO SOUTH WALTON . . . . 1 8 DESTIN, MIRAMAR BEACH GULF-FRONT . . . . 1 9 Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Months of inventory is based on the monthly average of a full year. Deemed reliable but not guaranteed.

A Commitment To Delivering White Glove Service Our firmâ&#x20AC;&#x2122;s unique targeted marketing efforts, strong database, and intimate market knowledge affords us the opportunity of consistently representing the successful sales of our coastâ&#x20AC;&#x2122;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!

YEAR-END 2020

In a Vibrant Market Greetings from the beach! We have just finished what has proven to be an unprecedented year. From a global level to our local communities and individual families, 2020 brought many changes that we never anticipated. Continuing upon 10 years of appreciating home prices, the first quarter of 2020 started off with exceptional performance in our local real estate market. In March, in the midst of exciting market energy, the unforeseen pandemic hit. That led to shutdowns and necessary adjustments to our lives and businesses as we all navigated COVID-19 and prioritized safety and health. This past year has been one of varying challenges for many, and our hearts go out to all who have experienced tough times, health battles and losses. Our local home market exited the shutdown with a whirlwind of momentum, and the year panned out to be one for the history books. Sales volumes continued to climb, and pricing rapidly appreciated, as you may review in this report. All of our team at COASTAL LUXURY acknowledges, with gratefulness, the success we have been fortunate to have experienced. We celebrated our record highest sales year, with our firm closing over 140% more real estate sales than in 2019, and well out-performing the local market growth by gaining market share. We thank you, our family of Sellers and Buyers, for trusting us with the care of your real estate investments. We thank our team members at COASTAL LUXURY for supporting one another on a daily basis during what has proven to be our most successful year. Waves of changes crashed onto our personal shorelines in 2020, but as I go on my late afternoon walks on the beach, I see the things that remain unchanged. The waves still rush in, the sand still wiggles between my toes, the sun still sets with a majestic beauty. And I think of how very thankful we are for the added goodness of living along this gorgeous coastline, with its emerald waters and sugar white sands. We wish you and your family health, happiness and thankful hearts as you navigate the coming seasons of 2021. Warmly from the beach,

Erin Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Months of inventory is based on the monthly average of a full year. Deemed reliable but not guaranteed.

SCENIC HWY 30A CORRIDOR 2020

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

1547

$1,017,285

$437

997

2 0 1 9

+55%

+23%

+13%

-65%

2,403

$1,256,320

$494

350

2 0 2 0

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

MONTHS OF INVENTORY

VOLUME OF SALES

7.7

$1,573,739,510

148

96%

2 0 1 9

-77%

+92%

-9%

1.7

$3,018,937,770

135

96%

2 0 2 0

YEAR-END 2020

WATERSOUND BEACH 2020

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

$2,407,093

$695

2 0 1 9

+119%

+2%

+6%

-78%

$2,445,961

$734

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

13.7

$103,505,000

232

95%

2 0 1 9

-90%

+122%

-17%

1.4

$229,920,363

193

95%

2 0 2 0

Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units, and condos). Excludes land. Months of inventory is based on the monthly average of a full year. Deemed reliable but not guaranteed.

WATERCOLOR 2020

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

$1,788,528

$554

2 0 1 9

+83%

+13%

+18%

-76%

157

$2,013,193

$654

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

7.1

$153,813,375

151

96%

2 0 1 9

-87%

+105%

-13%

0.9

$316,017,255

131

96%

2 0 2 0

YEAR-END 2020

ROSEMARY 2020

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

$1,833,755

$798

2 0 1 9

+47%

+67%

-38%

$2,082,462

$800

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

$93,521,500

200

94%

2 0 1 9

-56%

+67%

+14%

5.1

$156,184,650

228

94%

2 0 2 0

SEASIDE 2020

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

$2,272,962

$1,085

2 0 1 9

+19%

-11%

+10%

-31%

$2,025,844

$1,190

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

$59,097,000

127

94%

2 0 1 9

-42%

+6%

+36%

+1%

3.5

$62,801,155

172

95%

2 0 2 0

YEAR-END 2020

2020

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

$2,507,427

$962

2 0 1 9

100%

+50%

+20%

-71%

$3,764,611

$1,151

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

7.4

$97,789,667

112

98%

2 0 1 9

-85%

+200%

-32%

-1%

1.1

$293,639,647

97%

2 0 2 0

GRAYTON BEACH 2020

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

$1,265,333

$604

2 0 1 9

+142%

+56%

+17%

-47%

$1,969,324

$707

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

$15,184,000

215

89%

2 0 1 9

-78%

+276%

+34%

+5%

4.1

$57,110,400

288

94%

2 0 2 0

YEAR-END 2020

30A GULF-FRONT 2020

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

107

$2,043,165

$852

120

2 0 1 9

+101%

+20%

+8%

-64%

215

$2,459,223

$919

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

13.5

$218,618,650

252

93%

2 0 1 9

-82%

+142%

-18%

+1%

2.4

$528,733,005

206

94%

2 0 2 0

30A HIGH-END LUXURY $3M+ 2020

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

$4,055,992

$1,105

113

2 0 1 9

+180%

+10%

-6%

-16%

213

$4,455,037

$1,033

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

17.8

$308,255,355

222

94%

2 0 1 9

-70%

+208%

-22%

+1%

5.4

$948,922,817

173

95%

2 0 2 0

YEAR-END 2020

CARILLON BEACH 2020

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

$804,034

$385

2 0 1 9

+7%

+65%

+32%

$1,325,090

$507

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

7.4

$23,317,000

317

95%

2 0 1 9

-6%

+76%

-37%

$41,077,800

199

95%

2 0 2 0

DESTIN & MIRAMAR BEACH 2020

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

2,259

$518,837

$284

1,119

2 0 1 9

+23%

+16%

+10%

-37%

2,768

$603,194

$312

709

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

5.9

$1,172,053,493

135

95%

2 0 1 9

-48%

+45%

-4%

+1%

2.5

$1,669,640,260

129

96%

2 0 2 0

YEAR-END 2020

SANDESTIN RESORT 2020

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

430

$527,690

$297

228

2 0 1 9

+34%

+19%

+10%

-32%

575

$629,516

$327

155

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

$226,906,546

188

95%

2 0 1 9

-49%

+60%

-28%

+1%

3.2

$361,971,529

155

96%

2 0 2 0

BURNT PINE 2020

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

$1,415,203

$344

2 0 1 9

+72%

+19%

+14%

-52%

$1,685,591

$391

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

10.1

$45,286,500

280

93%

2 0 1 9

-72%

+105%

-40%

+1%

2.8

$92,707,494

168

94%

2 0 2 0

YEAR-END 2020

BAYFRONT 2020

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

117

$737,808

$299

2 0 1 9

+21%

+51%

+19%

-44%

142

$1,111,302

$357

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

5.8

$26,323,555

126

94%

2 0 1 9

-54%

+83%

+41%

-2%

2.7

$157,804,953

178

92%

2 0 2 0

DESTIN, MIRAMAR BEACH GULF-FRONT

2020

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

346

$725,260

$431

233

2 0 1 9

+30%

+15%

+8%

-23%

451

$834,698

$464

179

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

$250,939,971

135

94%

2 0 1 9

-41%

+50%

+11%

+1%

4.8

$376,448,674

150

95%

2 0 2 0

8.1

YEAR-END 2020

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All properties listed with us will be featured in the upcoming issue of

COASTAL LUXURY MAGAZINE

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 UCCES S F UL LY S EL L YO UR CO AST A L PROPE RT Y T H I S SE A SO N , WE WO UL D LOV E T H E PLEAS U R E O F H E A RI N G F ROM YO U!

Call Erin Oden Directly at 850.502.1220 Erin@CoastalLuxury.com

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