Weekly Hotlist
Presenting a weekly list of all newly listed or reduced in price homes for sale.
 
Featured
Homes  For Sale
Condo For Sale
61 GREEN ISLAND WAY
MIRAMAR BEACH, 32550
Beds:
3
Baths:
2
SqFt:
1,580
Year:
2000
$349,500
Condo For Sale
9684 SEAFARERS WAY
NAVARRE, 32566
Beds:
3
Baths:
2
SqFt:
1,940
Year:
2001
$220,000
Condo For Sale
2020 PINE ISLAND CIRCLE
SANDESTIN, 32550
Beds:
3
Baths:
2
SqFt:
1,720
Year:
2005
$495,000
Condo For Sale
65 SAGRIS COVE
MIRAMAR BEACH, 32550
Beds:
3
Baths:
3
SqFt:
3,328
Year:
2005
$839,000
hammock man relaxing
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Destin Florida Homes - Market Update

April 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!

Condos 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
256
30
116
0
402
FORT WALTON BEACH
250
62
296
0
608
DESTIN
510
28
274
0
812
SANDESTIN
211
24
97
0
332
30A BEACHES EAST
115
21
365
0
501
30A BEACHES WEST
69
10
199
0
278
NAVARRE
39
5
151
0
195
NICEVILLE
22
29
234
0
285
N SANTA ROSA BEACH
6
15
170
0
191
FREEPORT
0
6
154
0
160
Total:
1,478
230
2,056
0
3,764

Condos for sale -- Search by City and Complex

Condos for sale - sorted by City and Complex -- we now provide a way for you to search for all Condos for sale at over 1,200 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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