January 2020 30A Real Estate Update

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By Lisa Hughley

 

Lisa HughleyJanuary is a phenomenal month for real estate in our area.  If the current activity is any indication of what is to come for 2020, it is going to be a great year for real estate!  Buyers are making plans to come in town to purchase prior to the spring/summer season and guests are making reservations! My first deal of this year is placing 70 South Watch Tower, listed at $3,698,000.00, UNDER CONTRACT! 2020 is going to be an amazing year!

Take a look at the current activity for Detached Single Family Homes!

West End of 30A, Gulf Front

There are 12 active properties ranging $2,098,000 to $6,950,000.  The average property is $4,071,750 with 3132 sf and priced at $1456.98 per sf, with 223 days on the market. There is one property pending at $3,500,000 with 4600 sf and 466 days on the market. There have been 13 sales ranging $1,800,000 to $6,900,000. The average sale is $3,642,308 at 90% of list price, with 4143 sf and selling at $895.64 per sf, 269 days on the market.

West End of 30A, Non-Gulf Front

There are 193 active properties ranging $317,000 to $5,390,000. The average property is $1,094,551 with 2698 sf and priced at $399 per sf, 247 days on the market. There are 41 pending properties ranging $359,900 to $3,600,000!  The average pending property is $947,152 with 2637 sf at $334.17 per sf, 216 days on the market. There have been 326 sales ranging $190,000 to $5,200,000 with the average sale being $765,469 at 97% of list price with 2339 sf, selling at $320.19 per sf, 133 days on the market.

Cypress Dunes

There are currently 12 active properties ranging $519,600 to $1,195,000. The average property is $741,646 with 2304 sf, listed at $322.12 per sf, 301 days on the market. There is one pending property listed at $1,362,000 with 3636 sf and 593 days on the market. There have been 11 sales ranging $506,900 to $1,300,000 with the average sale being $832,452 at 98% of list price with 2668 sf, at $310.21 per sf, 120 days on the market.

Gulf Place (AKA Belimar) Detached Family Homes

There are currently 4 active properties ranging $940,000 to $2,900,000. The average property is $1,539,975 with 4746 sf and priced at $318.17 per sf, 272 days on the market. There are currently 2 pending properties, with the first being $969,000 and the second being $1,399,000.

There have been 3 sales ranging $681,250 to $910,000. The average sale is $763,750 at 97% of list price with 2563 sf, and $303.41 per sf, 233 days on the market.

Highland Park

There are 11 active properties ranging $509,000 to $824,900. The average list price is $639,364 with 2281 sf, priced at $283.61 per sf, 94 days on the market. There are 3 properties pending contract ranging $544,000 to $595,000. The average sale being $562,667 with 1982 sf, at $286.11 per sf, and 37 days on the market. There have been 33 sales ranging $479,000 to $780,000! The average sale is $624,958 at 98% of list price with 2460 sf, at $256.06 per sf, and 112 days on the market.

Lakeside at Blue Mountain Beach

There are currently 6 properties on the market ranging $724,000 to $849,222. The average property is $800,802 with 2609 sf, priced at $309.77 per sf, and 118 days on the market. There have been 17 sales ranging $550,000 to $829,000! The average sale is $703,648 at 98% of list price with 2334 sf, selling at $303.36 per sf, 82 days on the market.

Seaside Gulf Front

There are 3 active properties ranging $1,825,000 to $9,995,000. The average property is priced at $6,071,667 with 3206 sf, priced at $2009.48 per sf and 56 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 at 95% of list price with 2681 sf, selling at $1775.54 per sf, and 309 days on the market.

Seaside Non-Gulf Front 

There are currently 5 active properties ranging $1,390,000 to $4,495,000. The average property is listed at $2,795,000 with 2940 sf and priced at $913.22 per sf, and 362 days on the market. There have been 19 sales ranging $750,000 to $3,475,000!  The average sale is $1,742,737 at 94% of list price, and selling at $942.47 per sf and 69 days on the market. Amazing numbers for non-gulf front.

Watercolor Gulf Front

There is one active property at $3,750,000 with 2706 sf and 966 days on the market.

Watercolor Non-Gulf Front

There are currently 43 active properties listed ranging from $1,150,000 to $5,095,000. The average property is $2,241,182 with 3452 sf and priced at $643.17 per sf, and 175 days on the market There are currently 2 pending properties; one at $1,495,000 with 2544 sf and the other at $1,595,000 with 3068 sf. There have been 85 sales ranging from $840,000 to $5,500,000. The average sale is $1,822,954 at 95% of list price with 3256 sf, selling at $543.10 per sf and 141 days on the market.

Seagrove

There are currently 25 properties on the market ranging $780,000 to $8,900,000. The average property is $1,889,632 with 2672 sf and priced at $768.68 per sf, and 215 days on the market.

There are 2 pending properties, one at $1,350,000 with 2016 sf and the other at $2,225,000 with 4590 sf and 124 days on the market.

Watersound Beach, Gulf Front

There are 2 active properties, one at $5,695,000 with 5738 sf and the other priced at $6,449,000 with 4433 sf.

Watersound Beach, Non-Gulf Front

There are 32 active properties ranging $1,089,000 to $4,900,000. The average listing is $3,055,109 with 3906 sf, priced at $771.93 per sf, 229 days on the market. There are 5 pending properties ranging from $960,000 to $4,999,000. The average pending is $2,840,600 with 3741 sf, priced at $724.31 per sf, and 571 days on the market. There have been 34 sales ranging $815,000 to $4,625,000! The average sale is $2,617,206, selling at 95% of list price with 3743 sf, selling at $688.93 per sf, and 191 days on the market.

Alys Beach, Gulf Front

There is one property available at $1,500,000 with 3631 sf and 130 days on the market

Alys Beach, Non-Gulf Front

There are currently 15 active properties ranging $2,095,000 to $6,295,000 with the average property being $3,865,198 with 3588 sf, priced at $1,069.30 per sf, and 244 days on the market.

There are 6 properties pending ranging from $2,775,000 to $4,644,875. The average pending property is $3,554,879 with 3382 sf, priced at $1,059.18 per sf and 71 days on the market. There have been 20 sales ranging $1,662,500 to $5,750,000! The average sale is $3,324,122 at 97% of list price with 3351 sf and selling at $993.97 per sf and 115 days on the market.

Seacrest Beach

There are currently 30 properties available ranging $549,000 to $1,629,000. The average property is $869,277 with 2346 sf, priced at $372.84 per sf, and 175 days on the market.

There are 7 pending properties ranging $699,900 to $1,595,000 with the average pending property being $ 987,986 with 2537b sf, and priced at $389.76 per sf, and 144 days on the market. There have been 44 sales ranging from $625,000 to $1,400,000. The average sale is $855,341 at 96% of list price with 2450 sf, and selling at $349.82 per sf, and 189 days on the market.

 

Rosemary Beach, Non- Gulf Front

There are currently 35 active properties ranging $1,399,000 to $8,780,000! The average property is $3,296,913 with 3284 sf, and priced at $1000.03 per sf and 267 days on the market.

There are 6 pending properties ranging $1,570,000 to $3,200,000. The average pending property is $2,377,500 with 3058 sf, priced at $790.95 per sf, and 133 days on the market.

There have been 30 sales ranging $850,000 to $8,200,000. The average sale is $2,162, 250, selling at 94% of list price, with 2719 sf, selling at $785.54 per sf, and 158 days on the market.

If you are contemplating selling your property, now is a good time to place it out on the market, prior to the tourist season, when it is easier to show and the buyers have time to make it their own. If you or someone you know is interested in selling, give me a call.  I would love to have the opportunity to talk with you!

Thank you!

​Lisa Hughley, Broker- Owner,

Classic Luxury Real Estate FL & GA

Classic Luxury Vacation Rentals, 678-923-5152.