Weekly Hotlist
Presenting a weekly list of all newly listed or reduced in price homes for sale.
 
Featured
Homes  For Sale
Condo For Sale
872 MANDE COURT
SHALIMAR, 32579
Beds:
4
Baths:
3
SqFt:
2,504
Year:
2002
$360,592
Condo For Sale
218 PARKWOOD CIRCLE
NICEVILLE, 32578
Beds:
2
Baths:
2
SqFt:
988
Year:
1989
$155,000
Condo For Sale
2733 BEACON COURT
NAVARRE, 32566
Beds:
3
Baths:
2
SqFt:
1,616
Year:
1994
$180,000
Condo For Sale
3149 US-98-SCENIC
DESTIN, 32541
Beds:
6
Baths:
5
SqFt:
3,868
Year:
2004
$1,250,000
hammock man relaxing
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Destin Florida Homes - Market Update

October 2014 --  The number of home sales in Destin and vicinity has steadily grown since the local market bottom in 2009.  Current sales stats show another winning year here in Destin for local home sales.

Home Price Trend

Home Sales Price AverageThe rising price trend of the past 4 years may take a bit of a breather this year as sales to date show a slight decrease in the average price of homes sold.  As illustrated by the chart to in the the right 2014 might be the first year of the last 5 that show a decrease in price average.

Home Sales Trend

Home Sales The chart to the right illustrates the number of home sales YTD 2014 compared to the same period the previous 9 years.  The home market has enjoyed substantial improvement in recent years.  The market recovery since local housing sales bottomed out in 2008.  The sharp increase in the number of sales year-over-year is indicative of a strong and continuing high consumer demand.

Home Inventory Trend

Condo Inventory GraphHome Inventory Trend.   Home inventory hit its high of 5,303 homes for sale in July 2007.  The number of homes for sale then began falling and and reached its bottom in December 2012.  It has been on a steady upward trend since that time.  A surge in new home building in response to the surge in demand has replenished inventory to it's current level.  In fact, new home construction now accounts for 18% of all homes currently listed for sale.

Home Foreclosures & Short Sales

Foreclosed Home Sales Short Sales In short supply, but Foreclosure numbers are on the rise.  The number of short sales has been falling over the past 4 years as the home market recovers.  Foreclosures, however, are rising.  This is in part due to lenders who no longer view short sales as favorable are now choosing foreclosure as the only option for  handling loan default.

If you're buying a foreclosure or short sale expect your offer to be one of several being considered.  Also have a realistic expectation of what a bargain really is.  Few lenders are accepting deep discounts from value as they were in the post-bubble years.  Now that recovery is in full bloom some lenders know it may even be to their advantage to take a longer time to find a buyer.

Homes for For Sale

Please let us know if I may assist you in obtaining detailed information for properties located in any of the following cities or regions below.

Emerald Coast Map
Area
Condos
Town Homes
Homes
Lots / Land
Total
MIRAMAR BEACH
276
25
143
0
444
PANAMA CITY BEACH
126
20
90
0
236
DESTIN
462
28
307
0
797
FORT WALTON BEACH
245
43
322
0
610
SANDESTIN
193
31
107
0
331
30A BEACHES EAST
98
26
367
0
491
30A BEACHES WEST
77
16
197
0
290
NAVARRE
32
8
138
0
178
PENSACOLA
2
0
20
0
22
N SANTA ROSA BEACH
1
8
189
0
198
NICEVILLE
23
13
258
0
294
CRESTVIEW AREA
0
12
549
0
561
FREEPORT
0
6
134
0
140
NORTH WALTON COUNTY
0
2
142
0
144
OTHER COUNTIES
0
0
24
0
24
NORTH SANTA ROSA COUNTY
0
0
38
0
38
Total:
1,545
241
3,064
0
4,850

Homes for sale -- Search by City and Complex

Search for all Condos for sale at over 1,800 neighborhoods within 25 miles of Destin.  Use the links below to find your favorite condo for sale, bookmark the page, and return often to keep track of local condo inventory and prices.

About Our Site

IMPORTANT NOTE: All information provided on this site is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

RELIABILITY: RE/MAX Paradise Properties strives to ensure the accuracy of the data contained within this site. Information is deemed reliable, but is not guaranteed.

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