February 2020 30A Real Estate Update

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By Lisa Hughley

Lisa Hughley

So far, 2020 is shaping up to be a great year!  Classic Luxury Real Estate has been on a roll with a number of sales for our office in the first month of 2020. It is only the first of February and our rental company, Classic Luxury Vacation Rentals, has a tremendous amount of bookings as well. This Spring and Summer is going to be packed with beachgoers, which is wonderful for the entire community.

Interest rates have lowered, and inventory remains low as well.  If you or anyone you know is interested in selling, now is the perfect time! I would love to have the opportunity to talk with you and earn your business!

East 30A, Detached Single Family 

Gulf Front

There are currently 26 active properties on the market ranging $1,825,000 to $12,750,000.

The average property is $6,705,692 with 4021 sf, priced at $1755.54 per sf, and average of 388 days on the market.

There are 2 pending properties, one of which is $1,900,000 with 1204 sf and the other is $6,450,000 with 4544 sf.

There have been 14 sales ranging $1,200,000 to $8,995,000. The average sold is $4,480,000, selling at 93% of list price, with 2836 sf, selling at an average of $1854.75 per and 468 days on the market.

Non-Gulf Front

There are currently 426 active properties ranging $374,900 to $14,000,000. The average property is $1,785,640 with 2958 sf, $563.05 per sf and 211 days on the market. There are currently 137 pending properties ranging $295,000 to $6,295,000. The average pending is $1,233,419 with 2650 sf, priced at $432.94 per sf and 102 days on the market. There have been 724 sales ranging $186,000 to $8,200,000. The average sale is $1,264,432 at 97% of list price, with 2648 sf, selling at $452.38 per sf and 147 days on the market.

Inlet Beach, Gulf Front

There are 3 properties available ranging from $2,650,000 to $8,500,000. The average property is $5,606,667 with 2774 sf, and $2,048.58 per sf, with 60 days on the market. There is 1 pending sale at $1,900,000 with 1204 sf. There have been 4 sales ranging $3,175,000 to $5,200,000 with the average property being $4,643,750 at 96% of list price, with 3058 sf, averaging $2636.66 per sf, and 570 days on the market.

Inlet Beach non-Gulf Front

There are currently . 8 active properties ranging $1,050,000 to $3,699,000. The average property is $1,939,112 with 3190 sf, averaging $640.57 per sf with 454 days on the market. There have been 13 sales ranging $550,000 to $3,700,000 with the average sale being $1,477,000 selling at 92% of list price with 2657 sf, averaging $545.43 per sf and 280 days on the market.

Rosemary Beach, non Gulf Front

There are currently 36 active properties ranging $1,399,000 to $8,400,000 with the average property being $3,362,526 with 3332 sf, averaging $1,011.86 per sf and 260 days on the market. There are 4 pending properties ranging $1,570,000 to $3,200,000. The average pending is $2,055,000 with 2583 sf, and priced at $801.84 per sf and 254 days on the market. There are 33 sales ranging $1,140,000 to $8,200,000. The average sale being $2,217,652, selling at 94% of list price with 2839 sf, and priced at 774.78 per sf, with 154 days on the market.

RoseMary Beach Gulf Front

There are currently 3 active properties ranging $4,799,000 to $10,200,000. The average property is $7,083,000 with 3894 sf, priced at $1791.35 per sf and 1407 days on the market. There have been 2 sales. One sale at $3,150,000 and the other at $4,575,000. The average sale being $3,862,500, selling at 97% of list price with 2876 sf, and selling at $1332.49 per sf and 672 days on the market.

Alys Beach, Gulf Front

There is one property available, listed at $11,500,000 with 3631 sf and 158 days on the market.

Non-Gulf Front

There are 16 properties available ranging $2,095,000 to $11,500,000 with the average listing at $4,176,123 with 3549 sf, priced at $1169.91 per sf and 240 days on the market. There are currently 7 pending properties ranging $2,775,000 to $6,295,000 with the average property being $4,273,232 with 3633 sf, and priced at $1168.67 per sf, and 142 days on the market. There have been 23 sales ranging $1,662,5000 to $5,750,000 with the average sale being $3,337,317 at 98% of list price, with 3392 sf, and averaging $986.24 per sf and 106 days on the market.

Watersound Beach Non-Gulf Front

There are currently 31 active properties ranging $1,575,000 to $6,448,000 with the average property being $3,386,129 with 4148 sf, priced at $808.13 per sf with 249 days on the market. There are currently 6 pending properties ranging $960,000 to $4,999,000 with the average pending $2,386,000 with 3178 sf, priced at $712.81 per sf and 561 days on the market. There have been 33 sales ranging $815,000 to $4,200,000 with the average sale being $2,579,091 with 3783 sf, averaging $671.95 per sf and at 95% of list price.

Watersound Beach Gulf Front

There are 2 properties available, one at $5,595,000 with 5738 sf and 367 days on the market and the other being $6,448,000 with 4433 sf and 157 days on the market.

Seaside Non-Gulf Front

There are currently 6 active properties ranging $1,390,000 to $4,495,000 with the average being $2,612,500 with 2766 sf and priced at $912.40 per sf and 328 days on the market.  There have been 19 sales ranging $750,000 to $3,475,000 with the average being $1,642,737 with 1992 sf , averaging $942.47per sf and 69 days on the market.

Seaside Gulf Front

There are currently 3 active properties ranging $1,825,000 to $9,995,000 with the average property being $6,071,667 with 3206 sf and priced at $2009.48 per sf with 85 days on the market.  There have been 5 sales ranging $3,750,000 to $6,800,000 with the average sale being $4,750,000 with 2681 sf, selling at 95% of list price at $1775.54 per sf with 309 days on the market.

Watercolor Non-Gulf Front

There are currently 41 active properties ranging $1,150,000 to $5,095,000 with the average listing being $2,306,389 with 3533 sf and priced at $644.32 per sf with 168 days on the market.  There are 9 pending properties ranging $989,000 to $2,545,000 with the average pending being $1,058,000 with 2688 sf averaging $584.72 per sf and 82 days on the market. There have been 79 sales ranging $840,000 to $5,500,000 with the average b eing $1,852,017 at 96% of list price with 3283 sf and $547.07 per sf with 140 days on the market.

Grayton Beach Gulf Front

There are 4 properties available ranging $4,195,000 to $6,950,000 with the average property being $5,798,750 with 3623 sf, averaging $1946.71 per sf and 168 days on the market.

Non-Gulf Front

There are currently 25 active properties ranging $645,000 to $3,749,000 with the average property being $1,600,809 with 2682 sf, and $624.23 per sf, with 398 days on the market. There are 5 pending properties ranging $665,000 to $3,395,000 with the average being $1,366,000 with 2633 sf, and $528.94 per sf, with 390 days on the market. There have been 26 sales ranging $460,000 to $1,665,000 with the average sale being $926,228 with 2278 sf, selling at 95% of list price and $419.92 per sf and 164 days on the market.

Gulf Place, Detached Single Family

There are currently 5 active properties ranging $925,000 to $2,900,000 with the average property being $1,416,000 with 4350 sf, priced at $321.37 per sf and 241 days on the market.  There have been 5 sales ranging $681,250 to $1,275,000 with the average being $898,250 with 2955 sf, selling at 95% of list price, averaging $306.72 per sf and 422 days on the market.

If you are contemplating purchasing a home, selling your home or interested in a vacation rental or vacation rental management services, call me at 850-660-1962 or email me at Lisa@LiveandPlayon30A.com. I would love to have the opportunity to talk with you!

All information regarding sales and availability is reliable but not guaranteed and gathered through the MLS system.