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 Y E A R E N D
47
$1,986,035
$620
47
2 0
1
5
2 0
4%
1
5
2 0
1
5
2 0
1
5
5%
2%
24%
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
$93,343,625
148
96%
S C E N I C H I G H W AY 3 0 A C O R R I D O R MARKET TRENDS REPORT $1,884,949F O R $610 38 2 0 1 6 2 0 1 6 2 0 1 6 YEAR END 2016
49 2 0
2 0
1
1
6
5
2 0
1
5
2 0
1
5
29%
1%
22%
9.3
$92,362,625
190
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
5
95% 2 0
1
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.
A Review of the Scenic Highway 30A Home Market D e t ac h e d H omes, A ttached U nits, and C ondos YEAR END 2016 YEAR END 2016
6
PG. 1
CON T E N TS 30A SCENIC CORRIDOR . . . . 4 WATERSOUND BEACH . . . . 6 WATERCOLOR BEACH . . . . 8 ROSEMARY . . . . 1 0 SEASIDE . . . . 1 2 ALYS BEACH . . . . 1 4 30A HIGH END LUXURY $3M+ . . . . 1 6 30A GULF-FRONT . . . . 1 8 2016 SALES SHOWCASE. . . . 2 0
PG. 2
A Review of the Scenic Highway 30A Home Market
This exclusive residence currently offered for sale: 11 Park YEAR END 2016 Row Lane. coastalluxury.com/listings/11-park-row-lane Det ac hed H om es, A tta ch e d U n i ts , a n d C o n d o s
Idyllic Coastal Living The coastal communities of Scenic Highway 30-A along Northwest Florida's Gulf Coast continue to be discovered by more and more who are all seeking the very same thing: simply to spend more time at the beach. Our area has grown immensely in popularity with the inception of the new urban community of Seaside in the early 80s, laying the groundwork for what a perfect beach town should be. The new urbanism planned communities that have since been developed have been successful in capturing the concepts of idyllic coastal living. It is a pleasure watching some of them in the midst of their development, the magic unfolding before us. The wonderful charm of the older, established unplanned communities that have evolved on their own seem to meet the exact definition of perfected beach towns- out of a storybook; the simple luxuries of life being enjoyed here. Our beach communities are uniquely different and very much defined. Yet, the charm of these coastal communities lends one commonality of a simple little luxury: time at the beach.
Erin Oden is the principal broker and owner of Coastal Luxury, maintaining a strong emphasis on intimate
market knowledge and expertise in the luxury and Gulf-front market. Erin can be reached at 850.502.1220 The Scenic 30-A real estate market statistics certainly seem or erin@coastalluxury.com. Or, stop by Coastal Luxury, located directly on 30-A, the first office east of to agree. The 30-A home market has become well over a Alys Beach. Search all available properties at coastalluxury.com/search. billion dollar industry. Volume of sales has peeked along 30-A, reaching the historic record high of over $1.2 billion in 2016 sales. Average sales prices of closed homes along Scenic 30-A have also continued to uptick at an impressive rate of appreciation, with a six-year appreciation of 56% from 2010 to 2016, 2016 pricing up 7%.
In looking at what areas are in the highest demand, we recognize that the planned communities, the gulf-front market, and the high-end market, are specific segments along Scenic 30-A that are in the highest demand amongst buyers, and selling quite well. Most of the planned communities have experienced record-breaking sales over the past year. While pricing is ticking up, (good news for sellers), one strong advantage to buyers is that our area remains quite affordable in comparison to other resort and secondary home markets.
A Review of 30A Price Trends 3 030A A CORRIDOR C OR R IDOR
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
2004
$760,129 $923,551 21%
2005
$962,880
2006
4%
$1,040,371
2007
8%
$824,721 21%
2008 2009
$605,978 27%
2010
$598,431 $625,552
2011
1% 5%
The coastal communities along Northwest Florida's Scenic Highway 30-A corridor are truly an architect’s playground, and we have established the highest quality of coastal living to be found. Whether finding the perfect low-key spot in Grayton Beach or an uber-exclusive beach residence in Alys Beach, buyers of beach properties all have one top objective in common: To their lives, they are looking to add time at the beach. Time spent in a coastal community along Scenic Highway 30-A, no less. What a luxury. Take a peek through the pages and enjoy a glimpse into the market trends of this special area of white beaches and emerald waters.
$636,382 2%
2012
~Erin
$728,487 14%
2013
$796,763
2014
9%
$871,099 10%
2015
$932,223 7%
2016 $0
$275,000
$550,000
$825,000
$1,100,000
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
PG. 3 SCENIC HWY 30A CORRIDOR
YEAR END 2016
SCEN IC H W Y 30A COR R I DOR YEAR END 2016
PG. 4 YEAR END 2016
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 Y E A R E N D
1,310
$871,099
$373
840
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
5
0%
7%
6%
6%
1,313
$932,223
$393
892
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
6
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
7.7
$1,141,140,015
174
95%
2 0
1
5
2 0
1
5
2 0
1
5
6%
7%
12%
8.2
$1,224,008,944
152
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
95% 2 0
1
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
5
6
PG. 5 YEAR END 2016
WAT ER SOU N D BEACH YEAR END 2016
PG. 6
This exclusive residence currently offered for sale: 114 S Watch YEAR END Tower 2016 Lane. www.coastalluxury.com/listings/114-s-watch-tower-lane/
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 Y E A R E N D
49
$1,884,949
$610
38
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
4%
5%
2%
24%
47
$1,986,035
$620
47
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
5
6
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
9.3
$92,362,500
190
95%
2 0
1
5
2 0
1
5
2 0
1
5
29%
1%
22%
12.0
$93,343,625
148
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
96% 2 0
1
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
5
6
PG. 7 YEAR END 2016
WAT ERCOLOR YEAR END 2016
PG. 8
This exclusive residence currently offered for sale: 51 Park Row Lane. www.coastalluxury.com/listings/51-park-row-lane-2/ YEAR END 2016
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 Y E A R E N D
101
$1,467,025
$495
74
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
5
9%
3%
0%
19%
110
$1,517,518
$493
88
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
6
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
$148,169,500
232
94%
2 0
1
5
2 0
1
5
2 0
1
5
9%
13%
22%
9.6
$166,927,000
181
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
94% 2 0
1
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
5
6
PG. 9 YEAR END 2016
ROSEM A RY YEAR END 2016
PG. 10
This exclusive residence currently offered for sale: Park YEAR 51 END 2016Row Lane. coastalluxury.com/listings/51-park-row-lane-2
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 Y E A R E N D
67
$1,740,843
$662
54
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
5
6%
36%
20%
22%
63
$2,371,196
$796
66
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
6
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
9.7
$116,636,450
161
92%
2 0
1
5
2 0
1
5
2 0
1
5
30%
28%
35%
12.6
$149,385,343
217
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
92% 2 0
1
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
5
6
PG. 11 YEAR END 2016
SE A SI DE YEAR END 2016
PG. 12
This exclusive residence currently offered for sale: Park YEAR 51 END 2016Row Lane. coastalluxury.com/listings/51-park-row-lane-2
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 Y E A R E N D
25
$1,738,432
$1,079
12
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
32%
3%
25%
8%
17
$1,782,471
$806
13
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
5
6
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
$43,460,800
328
93%
2 0
1
5
2 0
1
5
2 0
1
5
59%
30%
23%
9.2
$30,302,000
251
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
92% 2 0
1
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
5
6
PG. 13 YEAR END 2016
A LYS BE ACH YEAR END 2016
PG. 14
This exclusive residence currently offered for sale: 101 SEND Charles YEAR 2016 Street. www.coastalluxury.com/listings/101-s-charles-street-2/
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 Y E A R E N D
20
$2,423,299
$790
13
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
55%
7%
4%
31%
31
$2,261,504
$758
17
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
5
6
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
7.8
$48,465,987
99
98%
2 0
1
5
2 0
1
5
2 0
1
16%
45%
22%
6.6
$70,106,615
77
2 0
1
6
2 0
1
6
2 0
1
5
2 0
1
98% 6
2 0
1
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
5
6
PG. 15 YEAR END 2016
30A GU L F-F RON T YEAR END 2016
PG. 16
This exclusive residence currently offered for sale: Auburn YEAR 59 END 2016 Drive. www.coastalluxury.com/listings/59-auburn-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 Y E A R E N D
149
$1,636,120
$678
104
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
5
17%
14%
9%
13%
123
$1,859,917
$743
117
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
6
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
8.4
$243,781,921
252
94%
2 0
1
5
2 0
1
5
2 0
1
5
36%
6%
32%
11.4
$228,769,800
170
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
93% 2 0
1
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
5
6
PG. 17 YEAR END 2016
30A H IGH-E N D LU XU RY $3M+ YEAR END 2016
PG. 18
This exclusive residence currently offered for sale: 11END Park2016 Row Lane. www.coastalluxury.com/listings/11-park-row-lane/ 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 Y E A R E N D
39
$4,298,494
$1,022
69
2 0
1
5
2 0
1
5
2 0
1
5
2 0
1
5
15%
5%
7%
42%
45
$4,503,348
$1,090
98
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
6
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
21.2
$167,641,250
169
94%
2 0
1
5
2 0
1
5
2 0
1
5
23%
21%
10%
26.1
$202,650,673
152
2 0
1
6
2 0
1
6
2 0
1
6
2 0
1
93% 2 0
1
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 LUXURY HIGH-END $3M+
5
6
PG. 19 YEAR END 2016
OUR MOST NOTABLE
OF OVER $96 MILLION SOLD IN 2015 AND 2016 BY
COASTAL LUXURY
Itheir t was a pleasure to represent both Sellers and Buyers on sales and purchases of exceptional and exquisite beach
properties that define the architectural beauty and coastal elements of our area. If you have interest in selling your beach property this season, I would be so delighted to hear from you.
-Erin Oden SO L
SO L
D$ 5,4 37 ,50
D$ 5,4 0
0,0 0
0
LUXURY GULF-FRONT IN GATED COMMUNITY 32 WHITE CLIFFS CREST, BLUE MOUNTAIN BEACH
PG. 20 YEAR END 2016
0
EXQUISITE LUXURY, ROSEMARY 11 TOWN HALL ROAD, ROSEMARY
SALES SHOWCASE SO 2015 RECORD HIGHEST LD SALE FOR WATERSOUND $4,
SO GULF-FRONT ESTATE WITH LD $4 150 FEET ON THE GULF ,
99 5,0 0
D$
SO L
GULF-FRONT IN THE RETREAT
4691 W CO HIGHWAY 30-A, DUNE ALLEN
SO L
D$
4,4 75 ,00
4,4 0
ROSEMARY BEACH GULF-FRONT
SO L
LUXURY VACATION RENTAL, SOLD IN JUST 11 DAYS! 98 SANDY SHORES COURT, 30A EAST END
SO L
D$ 3,3 5
SO L
D$ 2,8 50 ,00
0,0 0
0
SO L
33 SAND HILL CIRCLE, WATERCOLOR
SO L
D$ 2,5
SO L
D$ 2,1
D$
0
0
LUXURY TWO LEVEL GULF-FRONT
SO L
D$
LUXURY LAKE-FRONT, REGATTA BAY 437 ADMIRAL COURT, DESTIN
D$
1,74 7,5 0
0
0
EXQUISITE ALYS BEACH HOME 27 LADY BUG COURT, ALYS BEACH
8690 E HWY 30A, SEACREST
SO L
D$
1,7 50 ,00
0
GULF-FRONT BEACH HOUSE PRIMELY LOCATED ON 30A
ANDANTÉ PENTHOUSE 5, 30A EAST END
SO L
1,8 50 ,00
90 ,00
00 ,00
4662 DESTINY WAY, DESTIN
0
WATERCOLOR MODERN SOPHISTICATION
38 W ST LUCIA LANE, THE RETREAT
SLEEK MODERN COASTAL DESIGN
D$ 2,7 25 ,00
0
ONE TIER FROM THE GULF
288 BLUE MOUNTAIN ROAD, LUPINE AT BLUE MOUNTAIN BEACH
0
0
2 SPANISH TOWN COURT, ROSEMARY
LUXURY GULF-FRONT HOME
D$ 3,6 25 ,00
0,0 0
0
179 PELICAN CIRCLE, EAST END OF 30A
152 E ST LUCIA LANE, THE RETREAT
SO L
D$
30A GULF-FRONT 2015 RECORD HIGHEST SALE FOR PELICAN CIRCLE
0
0
GULF-FRONT ESTATE WITH 150 FEET ON THE GULF
111 S FOUNDERS LANE, WATERSOUND BEACH
4,5 75 ,00
65 0,0 0
0
2015 RECORD HIGHEST SALE FOR WATERSOUND
SO L
1,6 50 ,00
0
PRIME LOCATION IN WATERSOUND BEACH PHASE 1 28 SHINGLE LANE, WATERSOUND
COASTAL LUXURY
|
9961 E. CO HWY 30A, SUITE 1
|
SEACREST, FL 32461
INFO@COASTALLUXURY.COM | PHONE 850-213-3478
www.CoastalLuxury.com