August 2022 | Condo & Home Market Highlights

Here is your Emerald Coast monthly market update for August! Looking at the numbers year-over-year, we see that the number of properties sold decreased by 28%, and there was a 6% decrease in the sold volume. Though there was a dip in sales in August, the market continues to stay quite active as the desire to own along the Emerald Coast remains consistent. We're keeping a close eye on the market to find the perfect deal for our buyers. As seen in the infographic below, the median sales prices are up across most areas, making this a fantastic time to sell as well!

Check out the area sales highlights for August:

 

 

 

 

 

The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

 

 

 

 

 

Thirty One

 

30A East

 

4 Bed | 3.5 Bath

 

3,304 Square Feet

 

$5,300,000

 

 

 

The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

 

 

 

 

 

77 S Green Turtle Lane

 

Rosemary Beach | 30A East

 

5 Bed | 5.5 Bath

 

5,046 Square Feet 

 

$20,000,000

 

 

 

Now is a great time to perform some due diligence whether you're considering selling or purchasing property. With the current supply and demand, timing is crucial. You need a team who will help you make the right decisions, at the right time. If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you. 

Interested in buying or selling?

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