Here is your Emerald Coast monthly market update for August! Looking at the numbers year-over-year, we saw the number of properties sold decrease by 24%, and the sold volume decreased as well by 11%. Though we're seeing slight declines in the sales numbers, we're still seeing a great deal of activity across the market. More and more people across the country are deciding to relocate, and they're loving it here along our Emerald Coast!
Now is a great time to look into the real estate market. If you'd like more detailed information on a particular area or community or if you're curious about the value of your property, feel free to reach out to us. We love sharing valuable info!
Check out the area sales highlights for August:
Viridian
3 Bed | 3.5 Bath
3,817 Square Feet
$2,900,000
The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:
5 Bed | 5.5 Bath
4,340 Square Feet
$7,200,000
Now is a great time to perform some due diligence whether you're considering selling or purchasing property. With the current supply and demand, timing is crucial. You need a team who will help you make the right decisions, at the right time. If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you.
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