Unit # 208
Unit # 704
Unit # 306E
Unit # 406W
Unit # 704
Unit # 204
Destin & 30A Condo Market Update
July 2018 -- The condo market continues to deliver good news to condo owners with respect to appreciation and the ability to earn rental income. The charts below compare each year in this decade and summarize what the good news is all about.
Destin & 30A Condo Prices Increase
The price of Destin & 30A condos continue to trend upward . The average price for a Destin condo has increased 22% from FY 2012-2017. Looking at 2018 at min-year, it is almost a certainty 2018 will and another year to the long string of average price increases.
Destin & 30A Condos In High Demand
Number of Destin condo sales move upward. Rising prices have not dampened the number of sales. The number of Destin & 30A condos sold has more than doubled since 2009.
What is fueling condo sales? This is what condo buyers say:
Waiting to purchase does not seem productive as sustainable price growth is underway.
Destin & vicinity condo rental proceeds are in record territory as visitors discover our beaches are fun for "all seasons".
Destin & 30A Beach Condo Inventory Record Low!
Dwindling inventory has been the trend in the Destin and 30-A coastal market. Significantly more buyers than sellers combined with few new condo startups continue to diminish inventory. Buyers looking to purchase are faced with fewer choices while prices continue to creep upward and the numbers of condos for sale trend lower each year.
The peak inventory occurred July 2006 when Destin & 30A condos for sale reached its record high of 5,047 condos. What an amazing difference between then and now.
Homes For Sale in Destin, 30A, and Vicinity
A link to all homes & townhomes for sale within Destin, 30a and other nearby geo regions are listed by geographic area in the table below. Please let us know if may assist you in obtaining detailed information for properties located in these local regions.
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