Here is your Emerald Coast monthly market update! We're still seeing determined buyers wishing to own a piece of paradise, and inventory remains historically low. Looking at the numbers year-over-year, we saw the number of properties sold increase by 132%. The sold volume also increased by 199%. We're seeing many people across the country making moves to our coast. Many are looking for fresh beginnings or fulfilling life-long dreams of owning near the coast. What better place than the Emerald Coast!
Now is a great time to look into the real estate market. If you'd like more detailed information on a particular area or community or if you're curious about the value of your property, feel free to reach out to us. We love sharing valuable info!
Check out the area sales highlights for May:
The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:
3 Bed | 3.5 Bath
3,561 Square Feet
6 Bed | 7.5 Bath
5,860 Square Feet
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?
Connect with us!