The is the market update and summary as discussed on our Real Estate Round Up radio show on 30A Radio June 5th, 2009. If you missed the broadcast you can listen to it here.
We continue to see improvements in the South Walton real estate market and observe more positive signs that we are working through our available inventory.
Week of June 1st 2009 Summary based upon single family residences in South Santa Rosa Beach and South Walton East market data as published in the Emerald Coast multiple listing service.
15 New Single Family Home Listings
The most notable new listing is The Vera Bradley Inn by The Sea in Seaside FL just went up for sale for $4,950,000. This amazing bed and breakfast located in the heart of Seaside at 38 Seaside Avenue is zoned for commercial and residential use. It has 9 custom designed suites by Vera Bradley with each suite having its own wood burning fireplace. At 5,264sf this house is currently priced at $940sf which is below the average price per squarefoot in Seaside of $1,188.50/sf. I have included both gulf front and non-gulf front in this number since this is such a unique and well known property in Seaside.
22 Single Family Homes went Under Contract
36 Single Family Homes Sold in May of 2008 with 16 being DISTRESSED PROPERTIES – The week of June 1st, 2009 there were 12 homes sold.
2 notable transactions:
#1 – 38 North Charles in Alys Beach – SOLD $1,720,000 for 2,584sf
#2 – 87 Grand Ave in Beach View Heights, Santa Rosa Beach FL – SOLD $515,000 as an REO 4,462sf
Our Office Location
Scenic Sothebys International Realty® | Team Baranowski
12805 US Highway 98 East
Suite D201
Inlet Beach, FL 32461
Contact Information
850-583-1640 Office
850-259-1788 Direct
From The Blog
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Most Expensive Homes Sold on 30A in 2017
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