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Real Estate Market Report for Third Quarter, 2018

Real Estate Market Report for Third Quarter, 2018

Welcome to the Real Estate Market Report for Third Quarter, 2018! For more information on current market conditions or future investment opportunities in Destin/Miramar Beach, Santa Rosa Beach, Panama City Beach, Fort Walton Beach, Crestview, or Niceville, please contact our broker/owner Brad Shoults via email brad@gosouthern.com and text or call 850.585.0418. For the current market conditions or future investment opportunities in Perdido Key, Pensacola Beach, or Orange Beach, please contact our broker/owner Susan Carleton via email susan@gosouthern.com and text or call 850.516.7238.

Detached HomesCurrent InventoryAverage List PriceAverage Days on MarketAverage Sales Price
Destin217 $              747,670108 $                 709,281
Miramar Beach158 $              782,348114 $                 738,114
Santa Rosa Beach659 $           1,063,454114 $              1,012,844
Panama City Beach366 $              384,14777 $                 358,985
Fort Walton Beach213 $              262,77851 $                 257,489
Crestview354 $              203,98371 $                 201,559
Niceville137 $              358,73946 $                 353,648
Perdido Key22 $              760,059257 $                 789,830
Pensacola Beach43 $           1,077,960120 $                 708,444
Orange Beach142 $              767,857131 $                 529,057
CondosCurrent InventoryAverage List PriceAverage Days on MarketAverage Sales Price
Destin262 $              431,448145 $                 412,672
Miramar Beach312 $              465,182128 $                 446,834
Santa Rosa Beach145 $              922,291142 $                 898,490
Panama City Beach444 $              279,60986 $                 270,808
Fort Walton Beach83 $              366,334116 $                 354,210
Perdido Key89 $              741,83298 $                 446,911
Pensacola Beach48 $              606,37982 $                 497,214
Orange Beach329 $              599,69283 $                 485,956

For more information about our real estate market update, investment opportunities, or current market conditions, visit Brad Shoults here and the Susan Carleton Team here.

Interested in long-term rental management? Our partners at Southern Residential Leasing can help. With over 20 years of experience, Southern is an industry-leading company ready to help you grow and invest in your property. Give us a call today at 855.891.6209!

2018-11-01T13:25:09+00:00