March 2016 Real Estate Market Report

    Home Sales

    ▲ and ▼ as Compared to March 2015 Figures

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 44▼ $60,703,721▲ $1,379,630▲ $917,000▲
    30A West (Dune Allen to Grayton Beach) 21▼ $12,067,761▼ $574,655▼ $525,000▲
    Sandestin Golf & Beach Resort 10▼ $7,910,400▲ $791,040▲ $563,200▼
    Miramar Beach 12▼ $4,845,800▼ $403,817▼ $307,500▼
    Destin 31▼ $19,865,861▼ $544,060▼ $379,500▲
    Santa Rosa Beach (North of Highway 98) 42▲ $13,827,595▲ $329,228▲ $282,040▲

    2

    Significant March Home Sale: 78 South Green Turtle Lane, Rosemary Beach, Florida
    Listed & Sold by Scenic Sotheby’s International Realty
    $10,250,000 Click here to search for similar homes still available for purchase.


     

    Condo Sales

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 15▼ $8,055,125▼ $537,008▲ $380,000▼
    30A West (Dune Allen to Grayton Beach) 7▼ $2,544,500▼ $363,500▼ $390,000▼
    Sandestin Golf & Beach Resort 17▲ $6,699,000▲ $394,059▲ $345,000▲
    Miramar Beach 23▼ $8,413,000▼ $365,783▼ $349,000▲
    Destin 53▼ $18,371,438▼ $346,631▲ $225,000▼
    Panama City Beach 20▼ $5,486,800▼ $274,340▲ $255,000▲

    20150913212535545614000000-o

    Significant March Condo Sale: Tre Viste #C, Seagrove Beach, Florida
    Sold by Scenic Sotheby’s International Realty
    $2,100,000 Click here to search for similar condos still available for purchase.


     

    Lot Sales

    Area
    Sales
    Volume
    Average
    Median
    30A East (WaterColor to Rosemary Beach) 14▼ $4,844,000▲ $346,000▲ $302,500▲
    30A West (Dune Allen to Grayton Beach) 11▼ $1,983,500▼ $180,318▼ $140,000▼
    Sandestin Golf & Beach Resort 1▼ $375,000▼ $375,000▼ $375,000▼
    Miramar Beach 2▼ $188,000▼ $94,000▼ $94,000▲
    Destin 13▲ $8,061,000▲ $620,077▲ $495,000▲
    Santa Rosa Beach (North of Highway 98) 14▼ $1,469,900▼ $104,993▲ $67,000▼

    Lot 89 The Retreat_Outline A_MLS

    Significant March Lot Sale: Lot 89 The Retreat, Blue Mountain Beach, Florida
    Listed by Scenic Sotheby’s International Realty
    $455,000 Click here to search for similar lots still available for purchase.


     

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

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