August 2019 30A Real Estate Update

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By Lisa Hughley

Dear 30A Neighbors,

August 2019 30A Real Estate UpdateIt is hard to believe August is here and the children are headed back to school! The Summer season is going by quickly. There has been a tremendous amount of buying and selling activity over the past few months.

On the West end of 30A between May-Aug 4 there were 106 detached single family homes sold. The average sale was $839,418 selling at 97% of list price with 2406 sf, at $336.52 per sf and126 days on the market. There were 32 Condo sales with the average sale being $570,806 at 95% of list price, with 1470 sf and $404.80 per sf and 175 days on the market.

On the East end of 30A between May-Aug 4 there were 217 detached single family homes sold. The average sale was $1,306,320 selling at 97% of list price with 2538 sf, at $485.19 per sf and 143 days on the market. There were 94 Condo sales with the average sale being $745,220 at 98% of list price with 1556 sf and at $456.74 per sf and 131 days on the market.

Over the past year:

West End 30A
Gulf Front Detached Single Family Homes: There are 15 active properties ranging $2,098,000 to $7,195,000. The average being $3,705,533 with 3146 sf and $1297.72 per sf and 286 days on the market. There are 3 pending properties with the average being $3,580,333 with 3748 sf and $1,012 per sf and 293 days on the market. There have been 14 sales ranging $1,650,000 to $5,150,000. The average sale is $3,173,279 at 90% of list price with 3691 sf and $932.72 per sf and 217 days on the market.

Gulf Front Condo/Townhomes: There are 36 active properties ranging $537,400 to $2,877,000 with the average being $1,513,996 with 2564 sf at $591.26 per sf and 248 days on the market. There are four pending properties ranging $849,000 to $1,575,000 with the average being $1,211,000 with 2057 sf. There have been 33 sales ranging $690,000 to $5,500,000. The average sale was $2,099,364 at 99% of list price with 2522 sf at $798.05 per sf and 330 days on the market.

East End 30A
Gulf Front Detached Single Family Homes: There are 29 active properties ranging $2,750,000 to $15,750,000 with the average being $6,424,103 with 3967 sf and $1689.08 per sf and 404 days on the market. There is one pending sale at $2,290,000 with 1440 sf and 15 sales between $1,990,000 to $9,750,000 with the average sale being $4,816,000 at 92% of list price and 4014 sf, at $1,276.07 per sf and 319 days on the market.

Gulf Front Condos/Townhomes: There are 52 active properties ranging from $360,000 to $3,150,000 with the average condo being $1,388,206. with 1662 sf and 223 days on the market. There are eight pending sales ranging $499,900 to $1,499,000 with the average property being $812,075 with 1420 sf and 134 days on the market. There have been 69 sales ranging from $330,000 to $4,750,000 with the average sale being $1,626,692 at 95% of list price and 2147 sf at $717.35 per sf and 206 days on the market.

Rosemary Beach: Detached Single Family Homes
Gulf Front: There are 5 active properties ranging from $3,645,000 to $10,900,000 with the average property being $5,847,800 with 3253 sf, at $1744.41 per sf and 945 days on the market.There has been one sale at $4,575,000 at 93% of list price with 3222 sf, at $1419.93 per sf and 540 days on the market.

Non-Gulf Front: There are 41 active properties ranging $1,725,000 to $8,780,000 with the average property being $3,148,510 with 3407 sf at $921.85 per sf and 2 days on the market. There are five pending properties ranging from $1,750,000 to $2,300,000 with the average being $1,998,800 at 3006 sf $665.33 per sf and 17 days on the market. There have been 30 sales, with the average being $850,000 to $8,200,000 with the average sale being $2,541,417 at 94% of list price with 3006 sf at $815.30 per sf and 164 days on the market.

Watersound Beach: Detached Single Family Homes
One Gulf Front property sold at $5,200,000 with 5000 sf and 218 days on the market.
Non-Gulf Front: There are 32 properties available ranging from $960,000 to $4,999,000. The average property is $2,658,138 with 3767 sf, at $692.54 per sf and 277 days on the market. There are two pending properties at $865,000 and $2,095,000. There have been 29 sales ranging from $797,000 to $4,625,000. The average sale being $2,692,483 at 95% of list price with 3728 sf, and priced at $707.87 per sf and 147 days on the market.

Watersound West Beach: Detached Single Family Homes:
There are six active properties ranging from $893,338 to $1,749,000. The average property is $1,364,056 with 2987 sf and priced at $453.30 per sf and 57 days on the market. There are three pending properties with the average being $1,116,000 with 2607 sf, and $427.48 per sf and 107 days on the market. There have been 18 sales ranging from $694,000 to $1,500,000 with the average being $1,048,061 at 97% of list price, with 2543 sf, at $407.83 per sf, and 108 days on the market.

Alys Beach: Detached Single Family Homes: Non-Gulf Front
15 Active properties ranging $2,385,000 to $6,195,000 with the average being $4,355,883 with 3569 sf and $1,213.21per sf and 252 days on the market. There are five pending properties ranging $2,375,000 to $3,794,000. The average being $3,065,130 with 3305 sf and and $929.16 per sf and 83 days. on the market. There have been 20 sales ranging $1,662,500 to $6,000,000.

Alys Beach: Condos
There are four active properties available ranging from $1,299,000 to $1,855,000 with the average being $1,669,750 with 1674 sf, and $1,032.35 per sf and 58 days on the market.
There are 12 pending properties ranging from $1,205,000 to $2,375,000 with the average being $1,725,701 with 1731 sf at 793.81 per sf and 77 days on the market. There have been 14 sales ranging from $1,614,959 to $2,395,000 The average being $1,864,093 with 2170 sf at $860.37 per sf and 90 days on the market.

Seacrest Beach: Detached Single Family Homes
There are 28 active properties ranging from $549,000 to $1,250,000 with the average being $864,428 with 2395 sf at $362.41 per sf and 180 days on the market. There are seven pending properties ranging from $649,900 to $1,149,000 with the average property being $846,414 with 2502 sf and $339.35 per sf and 210 days on the market. There have been sales ranging from $625,000 to $1,400,000 with the average sale being $843,387 selling at 96% of list price, with 2418 sf, at $349.81 per sf and 199 days on the market.

Watercolor: Gulf Front: Detached Single Family Homes:
There are two active properties, one at $3,895,000 with 2706 sf and $4,245,000 with 2200 sf.

Non-Gulf Front Detached Single Family: There are 42 properties available ranging from $949,000 to $4,100,000 with the average property being $2,137,021 at 3481 sf, and $605.22 per sf, and 197 days on the market.There are 12 properties pending at $927,500 to $3,495,000 with the average sale being $1,953,542 with 3496 sf and $554.36 per sf with 146 days on the market. There have been 73 sales ranging from $647,500 to $5,150,000 with the average being $1,772,549 at 95% of list price with 3194 sf, at $540.05 per sf and 154 days on the market.

Disclaimer: All information is reliable but not guaranteed. All Info gathered from the Flexmls.