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30-A Market Summary and Analysis for January 2010

2009 set a solid foundation for a slow market recovery for the South Walton Beach and Scenic 30-A areas. January 2010 was an excellent kick off to hopefully a year of solid recovery to our ailing Real Estate Market. Rental bookings, rental rates and buyer activity have been very promising so early in the year. Savvy buyers are getting excellent deals on premium properties. Look for a steady increase in sales volume throughout 2010 and watch as we should be tracking strong market numbers all year! Also take a look at the most expensive homes sold on 30-A for January.

The Good
New inventory is down from January of last year by 26%
Scenic 30-A pending sales are UP 75% for Combined Residential
Scenic 30-A median sales prices are up 80%
Single Family Residential Inventory on Hand along Emerald Cost is down 28%
Rosemary Beach Luxury Home sales outperformed all other luxury markets with 5 homes selling over $1million in January.
 
The Bad
Residential Land is still struggling with only 50 lots sold out of 3,716 lots available
Distressed property including short sales and foreclosures are up as expected
Residential land prices are experiencing a significant downward price correction
Pristine gulf front, waterfront, and luxury lots sold for a steal in January

 

Scenic 30-A & Emerald Coast Market Summary and Analysis for January 2010 pdf Version

Posted in: Blog, Research - This Month In Real Estate Tagged: 30-A Market Summary, Market Analysis

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« WaterSound Beach Luxury Home 19 Watch Tower Lane as Tracy's Top Luxury Pick February 5 2010
Rosemary Beach Home Sales Lead 30-A Luxury Homes Sales in January 2010 »

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Scenic Sothebys International Realty® | Team Baranowski

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Inlet Beach, FL 32461

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From The Blog

KAIYA Beach Resort Anamaya Villa Plan

New Development Next to Alys Beach Opens for Presales

Many people have been wondering what the new development next to Alys Beach is going to be. After many years of speculation and anticipation, KAIYA Beach Resort is releasing to the market presales of their Founders Villas. The developer will be releasing 3 Villas on Founders lots starting on June 23rd, 2018 in this brand […]

Most Expensive Homes Sold on 30A in 2017

2017 raised the bar again for our annual Most Expensive Homes Sold list representing a large increase in the demand for luxury homes along scenic 30A. Once again Rosemary Beach is top of the list; however Seacrest and Santa Rosa Beach represent a large portion of the list. This year’s most expensive home at $12 […]

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