Q2 2021 | MARKET REPORT
10 SEA FOAM ALLEY OFFERED AT $8,995,000
page 2
TABLE OF CONTENTS
STATE OF THE MARKET SUMMARY
NOTABLE Q2 SALES
LUXURY LISTINGS
pages 4-5
pages 6-13
pages 14-21
30A MARKET STATS Inlet Beach | Rosemary Beach | Alys Beach Seacrest | Watersound | Seagrove | Seaside WaterColor | Grayton Beach | Blue Mountain | Dune Allen pages 23-33
DESTIN MARKET STATS
MIRAMAR BEACH & SANDESTIN MARKET STATS
PANAMA CITY BEACH MARKET STATS
pages 34-35
pages 36-37
pages 38-39
OVERALL MARKET STATS DETACHED SINGLE FAMILY HOMES
OVERALL MARKET STATS CONDOMINIUMS
page 40
page 41
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STATE OF THE MARKET
Remarkable trends for quarter two include properties selling at on market are down 58% year over year with properties selling increase in the number of sales year over year with the average Walton County, there is an increase of eager buyers circling a l
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or above asking price with minimal days on market. The days g at 98% list to sales price. The market also saw an 81% e sales price up 24%. With rental capacities at 97% for low inventory, competitive market.
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NOTABLE Q2 SALES
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136 PARADISE BY THE SEA BOULEVARD SOLD FOR $6,025,000 IN PARADISE BY THE SEA
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85 N. WATCH TOWER LANE SOLD FOR $3,575,000 IN WATERSOUND BEACH
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55 ELYSEE COURT SOLD FOR $4,700,000 IN ELYSEE
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52 CAMP CREEK POINT DRIVE SOLD FOR $2,325,000 IN CAMP CREEK POINT
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LUXURY LISTINGS
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69 THYME STREET OFFERED AT $5,099,000 IN SEAGROVE BEACH
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60 HOTZ AVENUE OFFERED AT $6,199,000 IN GRAYTON BEACH
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333 EMERALD RIDGE OFFERED AT $3,500,000 IN BELLAMAR
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108 LONGUE VUE OFFERED AT $13,399,000 IN LONGUE VUE
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Q2 2021 MARKET STATS
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INLET BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 14 Q2 2020
33 Q2 2021
AVERAGE PRICE PER SQ. FT. $494 Q2 2020
AVERAGE DAYS ON MARKET 110 Q2 2020
19 Q2 2021
$471 Q2 2021
AVERAGE SALES PRICE $1,332,550 Q2 2020
$1,188,936 Q2 2021
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
99% Q2 2021 page 23
ROSEMARY BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 5 Q2 2020
17 Q2 2021
AVERAGE PRICE PER SQ. FT. $816 Q2 2020
AVERAGE DAYS ON MARKET 83 Q2 2020 page 24
95 Q2 2021
$1,102 Q2 2021
AVERAGE SALES PRICE $2,254,000 Q2 2020
LIST PRICE TO SALES PRICE RATIO 91% Q2 2020
97% Q2 2021
$3,445,088 Q2 2021
ALYS BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 13 Q2 2020
11 Q2 2021
AVERAGE PRICE PER SQ. FT. $1,223 Q2 2020
AVERAGE DAYS ON MARKET 121 Q2 2020
18 Q2 2021
$1,140 Q2 2021
AVERAGE SALES PRICE $4,326,289 Q2 2020
$3,928,951 Q2 2021
LIST PRICE TO SALES PRICE RATIO 97% Q2 2020
99% Q2 2021 page 25
SEACREST DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 35 Q2 2020
60 Q2 2021
AVERAGE PRICE PER SQ. FT. $407 Q2 2020
AVERAGE DAYS ON MARKET 187 Q2 2020 page 26
48 Q2 2021
$627 Q2 2021
AVERAGE SALES PRICE $1,115,255 Q2 2020
LIST PRICE TO SALES PRICE RATIO 95% Q2 2020
99% Q2 2021
$1,820,873 Q2 2021
WATERSOUND BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 11 Q2 2020
10 Q2 2021
AVERAGE PRICE PER SQ. FT. $680 Q2 2020
AVERAGE DAYS ON MARKET 189 Q2 2020
28 Q2 2021
$886 Q2 2021
AVERAGE SALES PRICE $2,565,455 Q2 2020
$3,729,500 Q2 2021
LIST PRICE TO SALES PRICE RATIO 92% Q2 2020
97% Q2 2021 page 27
SEAGROVE DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 29 Q2 2020
65 Q2 2021
AVERAGE PRICE PER SQ. FT. $571 Q2 2020
AVERAGE DAYS ON MARKET 173 Q2 2020 page 28
50 Q2 2021
$762 Q2 2021
AVERAGE SALES PRICE $1,618,031 Q2 2020
LIST PRICE TO SALES PRICE RATIO 92% Q2 2020
98% Q2 2021
$2,055,704 Q2 2021
SEASIDE DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 2 Q2 2020
11 Q2 2021
AVERAGE PRICE PER SQ. FT. $1,794 Q2 2020
AVERAGE DAYS ON MARKET 250 Q2 2020
46 Q2 2021
$1,078 Q2 2021
AVERAGE SALES PRICE $2,650,000 Q2 2020
$2,474,727 Q2 2021
LIST PRICE TO SALES PRICE RATIO 99% Q2 2020
97% Q2 2021 page 29
WATERCOLOR DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 24 Q2 2020
52 Q2 2021
AVERAGE PRICE PER SQ. FT. $616 Q2 2020
AVERAGE DAYS ON MARKET 154 Q2 2020 page 30
23 Q2 2021
$832 Q2 2021
AVERAGE SALES PRICE $1,965,315 Q2 2020
LIST PRICE TO SALES PRICE RATIO 92% Q2 2020
98% Q2 2021
$2,204,915 Q2 2021
GRAYTON BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 15 Q2 2020
15 Q2 2021
AVERAGE PRICE PER SQ. FT. $539 Q2 2020
AVERAGE DAYS ON MARKET 97 Q2 2020
224 Q2 2021
$800 Q2 2021
AVERAGE SALES PRICE $1,863,267 Q2 2020
$2,248,780 Q2 2021
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
96% Q2 2021 page 31
BLUE MOUNTAIN BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 36 Q2 2020
73 Q2 2021
AVERAGE PRICE PER SQ. FT. $358 Q2 2020
AVERAGE DAYS ON MARKET 93 Q2 2020 page 32
27 Q2 2021
$502 Q2 2021
AVERAGE SALES PRICE $873,313 Q2 2020
LIST PRICE TO SALES PRICE RATIO 95% Q2 2020
99% Q2 2021
$1,309,445 Q2 2021
DUNE ALLEN DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 39 Q2 2020
73 Q2 2021
AVERAGE PRICE PER SQ. FT. $389 Q2 2020
AVERAGE DAYS ON MARKET 82 Q2 2020
34 Q2 2021
$407 Q2 2021
AVERAGE SALES PRICE $844,875 Q2 2020
$1,011,552 Q2 2021
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
98% Q2 2021 page 33
DESTIN DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 102 Q2 2020
176 Q2 2021
AVERAGE PRICE PER SQ. FT. $275 Q2 2020
AVERAGE DAYS ON MARKET 88 Q2 2020 page 34
51 Q2 2021
$380 Q2 2021
AVERAGE SALES PRICE $855,904 Q2 2020
LIST PRICE TO SALES PRICE RATIO 95% Q2 2020
97% Q2 2021
$1,221,172 Q2 2021
CONDOMINIUMS NUMBER OF SALES 131 Q2 2020
202 Q2 2021
AVERAGE PRICE PER SQ. FT. $319 Q2 2020
AVERAGE DAYS ON MARKET 118 Q2 2020
76 Q2 2021
$386 Q2 2021
AVERAGE SALES PRICE $455,919 Q2 2020
$503,163 Q2 2021
LIST PRICE TO SALES PRICE RATIO 95% Q2 2020
97% Q2 2021 page 35
MIRAMAR BEACH & SANDESTIN DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 95 Q2 2020
157 Q2 2021
AVERAGE PRICE PER SQ. FT. $288 Q2 2020
AVERAGE DAYS ON MARKET 113 Q2 2020 page 36
34 Q2 2021
$396 Q2 2021
AVERAGE SALES PRICE $757,033 Q2 2020
LIST PRICE TO SALES PRICE RATIO 94% Q2 2020
98% Q2 2021
$1,228,953 Q2 2021
CONDOMINIUMS NUMBER OF SALES 155 Q2 2020
265 Q2 2021
AVERAGE PRICE PER SQ. FT. $276 Q2 2020
AVERAGE DAYS ON MARKET 94 Q2 2020
98 Q2 2021
$387 Q2 2021
AVERAGE SALES PRICE $399,674 Q2 2020
$506,482 Q2 2021
LIST PRICE TO SALES PRICE RATIO 94% Q2 2020
98% Q2 2021 page 37
PANAMA CITY BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 48 Q2 2020
94 Q2 2021
AVERAGE PRICE PER SQ. FT. $233 Q2 2020
AVERAGE DAYS ON MARKET 90 Q2 2020 page 38
59 Q2 2021
$337 Q2 2021
AVERAGE SALES PRICE $431,203 Q2 2020
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
97% Q2 2021
$849,627 Q2 2021
CONDOMINIUMS NUMBER OF SALES 163 Q2 2020
329 Q2 2021
AVERAGE PRICE PER SQ. FT. $262 Q2 2020
AVERAGE DAYS ON MARKET 90 Q2 2020
48 Q2 2021
$397 Q2 2021
AVERAGE SALES PRICE $327,002 Q2 2020
$483,066 Q2 2021
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
99% Q2 2021 page 39
OVERALL Q2 MARKET STATS DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 468 Q2 2020
847 Q2 2021
AVERAGE PRICE PER SQ. FT. $620 Q2 2020
AVERAGE DAYS ON MARKET 131 Q2 2020 page 40
54 Q2 2021
$694 Q2 2021
AVERAGE SALES PRICE $1,675,178 Q2 2020
LIST PRICE TO SALES PRICE RATIO 95% Q2 2020
98% Q2 2021
$2,076,184 Q2 2021
OVERALL Q2 MARKET STATS CONDOS
NUMBER OF SALES 430 Q2 2020
877 Q2 2021
AVERAGE PRICE PER SQ. FT. $266 Q2 2020
$373 Q2 2021
AVERAGE SALES PRICE $347,769 Q2 2020
$464,724 Q2 2021
AVERAGE DAYS ON MARKET 99 Q2 2020
68 Q2 2021
LIST PRICE TO SALES PRICE RATIO 96% Q2 2020
99% Q2 2021 page 41