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
$370,592
Condo For Sale
341 MARAVILLA DRIVE
MIRAMAR BEACH, 32550
Beds:
3
Baths:
2
SqFt:
1,404
Year:
1997
$389,000
Condo For Sale
212 GILMORE SE
FORT WALTON BEACH, 32548
Beds:
3
Baths:
3
SqFt:
2,310
Year:
1973
$450,000
Condo For Sale
243 APOPKA COVE
DESTIN, 32541
Beds:
3
Baths:
3
SqFt:
2,250
Year:
2001
$374,500
hammock man relaxing
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Destin Florida Homes - Market Update

August 2014 --  A look at local real estate stats produces all good news with respect to the health of the market, with single family homes leading the way.  The number of home sales in Destin and vicinity has steadily grown since the local market bottom in 2009.  The number of home sales so far this year are up 9% compared to same period in in 2013.  

Home Price Trend

Home Sales The average price of all homes sold in our local area so far this year is $380K compared to $348K the same period in 2013.   This is a 11% increase in the average price of homes sold.  Although interest rates have risen in the past 12 months, interest rates remain near historical lows and continue to stimulate the home market.

Home Sales Trend

Home Sales The chart to the right illustrates the number of home sales the first two months of 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

cHome 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 replinished inventory to it's current level.  In fact, new home construction now accoouts for 18% of all homes currently listed for sale.

Home Foreclosures & Short Sales

Foreclosed Home Sales Distressed Sales No longer Control Market.  The number of foreclosures have been falling since last year and continue to shrink in number.

If you're buying a foreclosure or short sale expect your offer to be one of several being considered.  Also expect the process to be rigorous with a much long wait for the sale to be final and no guarantee of outcome.  For that reason, we always suggest you do your homework (we're here to help of course) to make certain you have a deal worth the additional wait.  All of them aren't!

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
279
29
138
0
446
DESTIN
495
32
313
0
840
PANAMA CITY BEACH
111
24
89
0
224
FORT WALTON BEACH
255
42
332
0
629
30A BEACHES EAST
114
19
373
0
506
SANDESTIN
221
30
102
0
353
30A BEACHES WEST
71
15
198
0
284
N SANTA ROSA BEACH
6
6
217
0
229
NAVARRE
34
5
155
0
194
NICEVILLE
28
19
235
0
282
PENSACOLA
2
2
32
0
36
CRESTVIEW AREA
0
18
563
0
581
NORTH WALTON COUNTY
0
2
135
0
137
FREEPORT
0
6
120
0
126
OTHER COUNTIES
0
0
18
0
18
NORTH SANTA ROSA COUNTY
0
0
31
0
31
Total:
1,627
251
3,093
0
4,971

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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