2017 Year-End Market Trends Report

Page 1

MARKET REPORT FOR

SCENIC HWY 30A CORRIDOR Year-End 2017

A Review of the Scenic Highway 30A Home Market De t ac h e d H o m es, A t tached U nits, and C ondos


CON T EN TS 30A SCENIC CORRIDOR . . . . 4 WATERSOUND BEACH . . . . 6 WATERCOLOR BEACH . . . . 8 ROSEMARY . . . . 1 0 SEASIDE . . . . 1 2 ALYS BEACH . . . . 1 4 30A GULF-FRONT . . . . 1 6 30A HIGH END LUXURY $3M+ . . . . 1 8

PG. 2

A Review This of the Scenic Highway Home exclusive residence currently30A offered for sale:Market D e2017 t ac h e Lane. d H o mcoastalluxury.com/listings/11-park-row-lane e s, A t tached U nits, and C ondos 11END Park Row YEAR


Coastal Luxury is prominently located directly on Scenic 30A, the first office east of Alys Beach. 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 stop in to our offices. We would be delighted to meet you!


MARKET REPORT FOR

SCENIC HWY 30A CORRIDOR Year-End 2017

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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

1,318

$933,104

$393

966

2 0 1 6

2 0 1 6

2 0 1 6

11%

9%

6%

-13%

1,464

$1,013,465

$415

838

2 0 1 7

2 0 1 7

2 0 1 7

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

$1,229,831,663

2 0 1 6

2 0 1 7

152

95% 2 0 1 6

2 0 1 6

2 0 1 6

2 0 1 6

-22%

21%

6%

6.9

$1,483,712,063

161

95%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 5 YEAR END 2017


MARKET REPORT FOR

WATERSOUND BEACH Year-End 2017

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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

47

$1,986,035

$620

54

2 0 1 6

2 0 1 6

2 0 1 6

13%

23%

9%

-31%

53

$2,440,185

$677

37

2 0 1 7

2 0 1 7

2 0 1 7

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

13.8

$93,343,625

148

96%

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

2 0 1 6

-39%

39%

86%

-1%

8.4

$129,329,800

275

95%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 7 YEAR END 2017


MARKET REPORT FOR

WATERCOLOR Year-End 2017

PG. 8 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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

111

$1,531,685

$493

91

2 0 1 6

2 0 1 6

2 0 1 6

-3%

12%

8%

-24%

108

$1,719,196

$533

69

2 0 1 7

2 0 1 7

2 0 1 7

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

9.8

$170,017,000

180

94% 2 0 1 6

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

-22%

9%

24%

7.7

$185,673,128

223

94%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 9 YEAR END 2017


MARKET REPORT FOR

ROSEMARY Year-End 2017

PG. 10 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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

63

$2,370,640

$796

68

2 0 1 6

2 0 1 6

2 0 1 6

-3%

-3%

3%

-25%

61

$2,291,515

$817

51

2 0 1 7

2 0 1 7

2 0 1 7

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

$149,350,343

217

92% 2 0 1 6

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

-23%

-6%

2%

10

$139,782,392

221

92%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 11 YEAR END 2017


MARKET REPORT FOR

SEASIDE

Year-End 2017

PG. 12

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

AV E R A G E SALES PRICE

AV E R A G E P R I C E PER SQUARE FOOT

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

17

$1,782,471

$806

13

2 0 1 6

2 0 1 6

2 0 1 6

-12%

2%

27%

38%

15

$1,816,200

$1,021

18

2 0 1 7

2 0 1 7

2 0 1 7

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

9.2

$30,302,000

251

92%

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

2 0 1 6

57%

-10%

-40%

1%

14.4

$27,243,000

152

93%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 13 YEAR END 2017


MARKET REPORT FOR

ALYS BEACH Year-End 2017

PG. 14

This exclusive residence currently offered for sale: 55 Sugar YEAR ENDLoaf 2017Alley. www.coastalluxury.com/listings/55-sugar-loaf-alley


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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

31

$2,261,504

$758

20

2 0 1 6

2 0 1 6

2 0 1 6

16%

0%

22%

-30%

36

$2,256,368

$923

14

2 0 1 7

2 0 1 7

2 0 1 7

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

$70,106,615

77

98%

2 0 1 6

2 0 1 6

2 0 1 6

-40%

16%

61%

-1%

4.7

$81,229,257

125

97%

2 0 1 7

2 0 1 7

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 7

2 0 1 7

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

PG. 15 YEAR END 2017


MARKET REPORT FOR

30A GULF-FRONT Year-End 2017

PG. 16

This exclusive residence currently offered for sale: 179 Pelican Circle www.coastalluxury.com/listings/179-pelican-circle 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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

123

$1,859,917

$743

127

2 0 1 6

2 0 1 6

2 0 1 6

-3%

17%

4%

-9%

119

$2,181,100

$776

116

2 0 1 7

2 0 1 7

2 0 1 7

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

12.4

$228,769,800

170

93% 2 0 1 6

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

-6%

13%

37%

11.7

$259,550,850

234

93%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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

PG. 17 YEAR END 2017


MARKET REPORT FOR

30A HIGH-END LUXURY $3M+ Year-End 2017

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

NUMBER OF PROPERTIES ON M A R K E T AT YEAR END

46

$4,472,623

$1,078

102

2 0 1 6

2 0 1 6

2 0 1 6

54%

0%

-8%

-4%

71

$4,483,118

$995

98

2 0 1 7

2 0 1 7

2 0 1 7

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

26.6

$205,740,673

150

93% 2 0 1 6

2 0 1 6

2 0 1 7

2 0 1 6

2 0 1 6

2 0 1 6

-38%

55%

26%

16.6

$318,301,388

189

93%

2 0 1 7

2 0 1 7

2 0 1 7

2 0 1 7

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+

PG. 19 YEAR END 2017


COASTAL LUXURY

|

9961 E. CO HWY 30A, SUITE 1

|

SEACREST, FL 32461

INFO@COASTALLUXURY.COM | PHONE 850-213-3478

www.CoastalLuxury.com


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