Destin Real Estate Market Remains Strong for 2020
The Destin real estate market remains strong and 2020 is continuing to show a strong trend in real estate sales. In fact, the first 20 days of 2020 here at Newman-Dailey Resort Properties have been nothing short of spectacular. Our sales agents are busy working with buyers and sellers along the beautiful Emerald Coast. The total number of active properties that are for sale from Destin to 30-A have dropped as a whole when compared to the same time period last year and new construction of condominiums and single-family homes are booming along Highway 30-A. Residential vacant land is being purchased by builders as they construct new homes for residents and investors alike. We expect to see more growth in our area as condominiums and new subdivisions begin to emerge.
If you are interested in purchasing real estate in the 30-A area, the average sales price for a condominium is $542,524, the average sales price for a detached single-family home is $1,342,654, and the average sales price for residential vacant land is $384,809.
If you are interested in the Destin and Miramar
Beach/Sandestin area, the average sales price for a condominium is $402,350,
the average sales price for a detached-single family home is $748,923, and the
average sales price for residential vacant land is $355,000.
Newman-Dailey Resort Properties has experienced agents who are here to assist you with all of your real estate needs. Newman-Dailey consistently ranks in the Top 7% of real estate brokerages and offices in our area. All data in this article derive from the comparison of the first 20 days in 2020 to the first 20 days in 2019. For more information on Destin Real Estate, visit DestinSales.com or call to speak with one of our experienced real estate agents at 850-837-1071.
Not ready to make a purchase? Start planning your next Destin vacation. View our collection of South Walton and Destin vacation rentals online or call one of our friendly vacation specialists at 1-800-225-7652.
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Residential
Report Breakdown
of Sold Properties for the First 20 Days of 2020
(when compared to the First 20 Days of 2019)
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Condominiums
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Total Active Properties For Sale
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Number Sold
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Average Sales Price
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Days on Market
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Destin and
Miramar Bch/Sandestin
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8% less
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2% less
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1% lower
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15% longer
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30A
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5% more
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9% more
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7% lower
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145% longer
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Detached
Single-Family Homes
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Total Active Properties For Sale
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Number Sold
|
Average Sales Price
|
Days on Market
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Destin and
Miramar Bch/Sandestin
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9% less
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20% less
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12% higher
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16% shorter
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30A
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4% more
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3% less
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23% higher
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8% longer
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Residential
Vacant Land
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Total Active Properties For Sale
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Number Sold
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Average Sales Price
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Days on Market
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Destin and
Miramar Bch/Sandestin
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11% less
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71% less
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26% higher
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54% shorter
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30A
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15% less
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28% more
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15% lower
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77% longer
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*Data provided by the local Emerald Coast Association of Realtors
(800) 225-7652
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12815 Highway 98 W Suite 100, Miramar Beach, FL 32550 US
Florida Seller of Travel Registration #ST36398.
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