Here is your Emerald Coast monthly market update for December! We see median sales prices across most areas continue to increase compared to the same time in 2021. As buyers settle into the new year and react to increasing interest rates and real estate prices, the number of properties sold has decreased. Though we are seeing a steady decline in sales numbers, the market continues to stay quite active as the desire to own along the Emerald Coast remains consistent. Inventory levels are increasing, giving buyers a chance to be more selective. We're keeping a close eye on the market to find the perfect deal for our clients!
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 December:
WaterColor Town Center Condominium
2 Bed | 2 Bath
1,394 Square Feet
$2,250,000
The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:
6 Bed | 6.5 Bath
5,529 Square Feet
$6,700,000
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