With so many visitors in town for Memorial Day weekend, the month of May is always a busy time for real estate agents. While here, vacationers fall in love with the area, and decide it's time to make owning paradise a reality. We love assisting people in making this move!
In case you missed it in our blog earlier this month, check out what the data showed from the world's largest vacation rental search engine – HomeToGo.com. Panama City Beach and Destin were ranked as the top two most popular Florida destinations for Spring Break. Panama City Beach saw over $27 million spent weekly on vacation rentals during spring break, while Destin saw over $17 million. Now is the time to invest in paradise!
Our team had an active share in the May market, while preparing for the busy summer season when the weather and the real estate are hot!
In May we assisted our wonderful buyers in the sales of the following properties:
Pointe of View | Unit 905
188 Marlberry Trace
We were also able to get the property sold for our sellers at:
6 Lakehsore Drive
In addition, we were able to get several more properties under contract. We'll have all the details in the June Market Report.
The activity this year has been exciting and we're heading straight into summer. We love staying in touch to keep both our buyers and sellers prepared for the rest of the year, and beyond. This is a great time to perform some due diligence regarding purchasing property. With summer a few days away – keeping on top of the market will ensure that you don't miss any deals. We are getting a new influx of inventory daily and there are some great opportunities out there right now. The daily hot sheet has new listings hitting the market every day, so let us know if you would like to receive updates on the market!
Check out the area sales highlights for the month of May:
The highest priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, and 30A was:
One Water Place
Destin
$2,700,000
3 Bed | 3.5 Bath
6,800 Square Feet
89 S Charles Street
30A East
$5,525,000
4 Bed | 3 Bath | 3 Half Bath
4,789 Square Feet