July 2019 30A Real Estate Update

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By Lisa Hughley

Lisa Hughley

Dear 30A Neighbors,

Happy 4th of July!

It has been an amazing summer so far with a tremendous amount of buyer traffic and vacation guests.  At the beginning of May one of my buyers purchased a property, and by the 3rd week of May I had it ready for rental. This property was entirely painted and furniture items and decor repurposed and in some cases painted to match the new decor. The furniture pieces and decor that would not work were donated or sold. Needed Furnishings were ordered, all new linens were added, an inventory was taken, and it was placed in our rental inventory for the summer season.  It was exciting, busy and has paid off with a full calendar for the tourist season!

I was first licensed to sell real estate in 1993 and, for as long as I can remember, I have been staging homes to sell.  I love this industry and listing to sell has always been my specialty. During the initial listing appointment I go over changes that can be made to make the home appeal to a large sector of buyers. I try to look for easy fixes that will not take a large investment. Sometimes it is as easy as just changing the bed linens and removing the old ones. If I have said “Paint is an easy change” to sellers and buyers once, I have said it thousands of times.  Although you may love the lime green in your master bedroom, not every buyer will.  When selling, choose neutral paints and keep the color in the decor items.  Sometimes it just takes re-painting the trim and doors to give the property a fresh look.

The same can be said for vacation rentals. A property that is fresh, clean and updated will naturally photograph better and therefore attract more attention from guests.  The more guests attracted to your property, the higher probability your property will be chosen for their much-needed vacation.  I have relationships with furniture dealers, decor suppliers, contractors, etc to help my clients. If you are contemplating selling your home or you are looking for a vacation rental, give me a call.  I would love to talk with you!

West End of 30A

Highest Selling Luxury Single Family Subdivisions  $3M+

The Retreat, Blue Mountain Beach, Stallworth Preserve, Village of White Cliffs, Gulf Dunes, Vizcaya @ Dune Allen, Dune Allen and Redfish Lane

Highest Selling Luxury Condos $1M+

Costa Blanca (Top 20 out of 21 highest properties sold)  ranging from $1,795,000 with 2245 SF to $5,500,000 with 4079 SF, Sanctuary By The Sea, Adagio, Bella Vita, Villas at Santa Rosa Beach, Inn @ Blue Mountain Beach, Seahaunts, San Remo Condos.

Sales Under $500K on 30A! Detached Single Family Home Subdivisions

Edgewood Terrace, Shoreline Lake Estates, Village @ Blue Mountain Beach, Thompson Woods, Blue Gulf Resort, Gulfview Heights, Ventana Dunes, Escada, Santa Rosa Ridge, Beachview Heights, Sugar Estates, Emerald Walk on 30A, Dune Allen, Beach Highlands, Santa Rosa Golf Villas, Rolling Dunes, Mckennie Unrec, Sea Dunes, Serenity @ Dune Allen, Beach Nest, Cypress Breeze Plantation, Heron Crossing, Old Florida Village, Highland Parks, Cottages @ Santa Rosa Beach, Fairway Villas and Calypso Point.

Average Gulf Front Detached Single Family Homes

Average Listing: $3,855,200 with 3333 SF. List price per SF is $1275.36 with an average of 294 Days on the Market. Average Sold:  $3,315,060 with 3756 SF,  $946.28 Per SF and 203 Days on the Market.

East End of 30A

Highest Selling Luxury Single Family Subdivisions  $3M+

Bluffs @Sandy Shores ($9,750,000.), Rosemary Beach, Alys Beach, Seagrove 2nd Addition, Seashore Village, Watersound Beach, Inlet Beach, Camp Creek Lake, Watercolor, Seagrove, Seaside 14, Seaside 10, The Bluffs @ Inlet Beach, Grace Point, Seacrest Beach, Seagrove 5th Addition, Gulf Shore Manor, Seaside 1, Walk Over Dunes.

Highest Selling Luxury Condos 1M +

Thirty One, a Condo Development (Top 14 out of 15 highest properties sold) ranging from $2,450,000 with 4539 SF on the 1st floor to $4,750,000 with 4539 SF on the 4th floor, Watersound Beach, Rosemary Beach, Alys Beach, Tre Viste, Seaside 04, Sunset Villas, Seagrove By The Sea, Sugar Cliffs, Turtle Beach, Emerald Surf, The Legacy Dunes of Seagrove, Prominence, High Pointe, Alexander @ Palm Ct.

Sales Under $500K on 30A!  Detached Single Family Home Subdivisions

West Shore Place, Water View @ Inlet Beach, Bungalows @ Seagrove Beach, Grande Pointe @ Inlet Beach, Tucker Way Village, Seabreeze, Watersound Origins, Lake Shore Estates, Mar-A-Lago, Eastern Lake, Magnolia Cottages, Camp Creek Lake, Lakewood of Seagrove Beach, White Gulfview Estates, Seacrest, Point Washington, Pinewood Preserve, Preserve @ Inlet Beach, Cassine Village, White Sugar Estates.

Average Gulf Front Detached Single Family Homes

Average Active Listing:  $6,521,300 with 2748 SF (A listing at $15,750,000 has skewed the average a little).

Average Sold Listing:  $4,613,438.00 selling at 92% of list price to sales price, with 3896 SF and a sales price average of $1268.l61 Per SF and 300 Days on the Market.

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