May 2023 | Condo & Home Market Highlights

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Market Trends
 

 

Here is your Emerald Coast monthly market update for May! The Emerald Coast real estate market has witnessed intriguing trends during the month of May. Renowned for its breathtaking coastal beauty, sought-after neighborhoods, and a vibrant mix of recreational and cultural offerings, this area continues to captivate homebuyers and investors alike. May has proven to be an exciting time for both homebuyers and investors in paradise!

 
For real estate investors looking to seize the potential along our coastline, now is the time to take action. There are enticing prospects awaiting those willing to explore the real estate market in these coastal gems. Whether you're interested in purchasing vacation rental properties, seeking long-term investments, or considering selling, the allure of these sought-after destinations combined with the rising property values make it an opportune moment to dive into the market. Don't miss out on the chance to take advantage of this thriving real estate landscape. Start your investment journey in paradise today and reap the rewards of this flourishing market. We're always here to answer any questions or offer a property valuation.

Take a look at some key highlights that have shaped the market landscape during this period.
 
 



 

 
 
The highest-priced condo sold within the areas of Okaloosa IslandDestinSandestinMiramar Beach, North Santa Rosa Beach, and 30A was:  
 
 
 
 
 
 
 
 
3 Bed | 3 Bath
 
1,850 Square Feet
 
$3,385,000
 





 
The highest-priced home sold within the areas of Okaloosa IslandDestinSandestinMiramar BeachNorth Santa Rosa Beach, and 30A was:  
 
 
 
 
 
 
32 McGee Drive
 
 
5 Bed | 6.5 Bath
 
5,684 Square Feet 
 
$11,350,000

 



 
 
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

 
 
 
 
 
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