Here is your Emerald Coast monthly market update for October! Looking at the numbers year-over-year, we see that the number of properties sold decreased by 23%, with the sold volume also showing a decrease at -9%. Though we're seeing a slight decline in the sales numbers, the market continues to stay quite active. As seen in the infographic below, the median sales prices are holding steady or going up across the area, making this a fantastic time to sell!
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 October:
The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:
6 Bed | 6.5 Bath
4,135 Square Feet
$6,780,000
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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