WaterColor Florida is a popular master-planned community just off 30A, composing of 27 individual neighborhoods. WaterColor homes are designed as part of a 500-acre residential community skirting the white sandy beach. Bordered by Western Lake and two state parks, WaterColor is enviably surrounded by nature at-its-best.
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The real estate market was HOT in WaterColor in 2016! There were 107 home sales which is a 22% increase from the 88 homes that were sold in 2015. Homes in WaterColor also stayed on the market for 20% less time than the previous year and saw an increase in the average sales price. The total sold volume in 2016 was $164,452,000 compared to 2015’s $133,511,000 – an impressive 23% increase in only one year!
To read the complete report on WaterColor as well as the rest of 30A from Destin to Panama City Beach, please read our Quarter 4 2016 Market Report below: