Here is your Emerald Coast monthly market update for May! Looking at the numbers year-over-year, we see that the number of properties sold decreased by 26% while the sold volume decreased by 14%. The market continues to stay quite active as the desire to own along the Emerald Coast stays consistent. Spring and summer bring even more buyers to the area. As seen in the infographic below, the median sales prices are up across most areas, making this a fantastic time to sell!
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 May:
The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:
5 Bed | 6 Bath | 2 Half Bath
7,154 Square Feet
$11,300,000
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