February 2016 Real Estate Market Report

    Home Sales

    ▲ and ▼ as Compared to February 2015 Figures

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 35▼ $43,128,868▼ $1,232,253▲ $1,024,277▲
    30A West (Dune Allen to Grayton Beach) 16▼ $11,817,000▼ $738,562▲ $520,000▲
    Sandestin Golf & Beach Resort 10▲ $6,179,500▼ $617,950▼ $491,000▼
    Miramar Beach 13▲ $7,469,000▲ $574,538▲ $470,000▲
    Destin 27▲ $19,213,185▲ $711,599▲ $400,000▼
    Santa Rosa Beach (North of Highway 98) 22▼ $6,407,226▼ $291,238▲ $286,500▲

    Condo Sales

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 12▼ $6,913,400▼ $576,117▼ $343,500▼
    30A West (Dune Allen to Grayton Beach) 5▼ $2,950,000▼ $590,000▼ $485,000▼
    Sandestin Golf & Beach Resort 12▲ $3,273,000▲ $272,750▼ $225,000▼
    Miramar Beach 23▲ $9,989,040▲ $434,306▲ $375,000▲
    Destin 24▼ $9,622,500▼ $400,938▲ $237,500▼
    Panama City Beach 87▲ $19,839,140▲ $228,036▼ $212,000▼

    Lot Sales

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 10▼ $7,701,000▲ $770,100▲ $383,500▲
    30A West (Dune Allen to Grayton Beach) 7▼ $3,130,500▲ $447,214▲ $300,000▲
    Sandestin Golf & Beach Resort 5▲ $2,119,000▲ $423,800▲ $300,000▲
    Miramar Beach 6▲ $1,569,600▲ $261,600▲ $167,500▲
    Destin 10▲ $2,547,400▲ $254,740▼ $173,700▼
    Santa Rosa Beach (North of Highway 98) 13▲ $1,679,650▲ $129,204▲ $51,000▲

    Figures according to the Emerald Coast Association of REALTORS® Multiple Listing Service. Source is deemed reliable, though not guaranteed.

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