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July 16, 2009  PROMISING SALES FIGURES INDICATE UPSWING IN MARKET

 

Santa Rosa Beach, Fla. - According to information gathered from the Emerald Coast Association of Realtors Multiple Listing Service (ECAR MLS) by Destin Real Estate Company, the number of transactions for purchases of single family homes in Destin and Miramar Beach, as well as along Scenic Highway 30A are up in quarter two of this year when compared to quarter two of 2008. The number of home sales in Destin and Miramar Beach is up 30% in quarter two of 2009 versus quarter two of 2008, and the number of home sales along Scenic Highway 30A is up nearly 14% comparing the same periods.

The number of residential land sales in Destin and Miramar Beach, as well as along Scenic Highway 30A has remained relatively unchanged in quarter two of 2009 versus quarter two of 2008, however the average sales price of residential land in Destin and Miramar Beach has seen a 9% increase in quarter two of 2009 versus quarter two of 2008.

Over the last three quarters, the average sale prices of single family homes in Destin and Miramar Beach, as well as along Scenic Highway 30A dipped in quarter one of 2009, but rebounded in quarter two of 2009. The average sale price of single family homes in Destin and Miramar Beach is up nearly 15% from quarter one to quarter two 2009 and the average sale price of single family homes along Scenic Highway 30A is up nearly 9% comparing the same periods.

The number of single family home buyers in quarter two of 2009 is up 62% in Destin and Miramar Beach and by nearly 102% along Scenic Highway 30A from quarter four of 2008. The number of condo buyers is up in quarter two of 2009 from quarter four of 2008, by nearly 55% in Destin and Miramar Beach and by 104% along Scenic Highway 30A.

Destin Real Estate Company offers a comprehensive area sales statistics book, covering single family homes, condos and residential land, spanning as far back as 2003. If you would like to request a copy of recent area sales statistics, please contact Destin Real Estate Company by phone at 850 231-6052 or e-mail info@destinproperties.com.


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Destin Real Estate Company © 2010, Richard Barnett, 3305 W. County Hwy. 30A, Santa Rosa Beach, FL 32459   office 850.231.6052   cell 850.687.7130   fax 850.231.5042

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