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

WaterSound Beach Homes Market Analysis and Market Snapshot

WaterSound Beach is a secluded, seaside village on more than one mile of white-sand beach along Scenic 30-A. The town features walking paths, dune walkovers, parks, a beach club and recreational facilities blended into a quiet community of single-family homes and multi-family residences. The architecture at WaterSound Beach is based on the area’s rich maritime history and features some of the most exclusive luxury properties along the Beaches of South Walton.

WaterSound Beach is nestled on 256 acres properties ranging from $500K to over $9 million. Real Estate in WaterSound Beach is currently at the best value it has been since the inception of this exclusive beachfront community. WaterSound Beach offers the ultimate in luxury amenities including multiple pools, a Dune Sider Grill, a BeachClub, tennis center and nature trails along the rare 80-acre Camp Creek coastal dune lake. In addition to the on-site amenities, residents can join the exclusive Tom Fazio-designed Camp Creek Golf Club and Greg Norman’s Shark’s Tooth Golf Club and Clubhouse dining.

WaterSound Beach is at the forefront of the luxury home market along Scenic 30A and the market value of their luxury homes have adjusted in this current market downturn . Click the link below to view a market analysis of WaterSound Beach homes. In the detailed report you will find:

* How many homes have sold in WaterSound Beach or how many are for sale?
* What was the sales price of a home in WaterSound Beach versus the asking price?
* What is the average days on market for a WaterSound Beach home?

Homes in WaterSound Beach Market Analysis and Market Snapshot

Get a personalized and automated Market Analysis for your area of interest

If you are interested in buying or selling investment property in Northwest Florida or know of someone who is… please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email us info@teambaranowski.com.

Home in Grayton Beach 52 Banfill Street as Tracy’s Top Luxury Pick for November 27th 2009

This week I selected a spectacularly unique luxury home in Grayton Beach. 52 Banfill Street resides in the heart of Grayton Beach where one can find quaint historic cottages next door to modern beach homes. This laid back area is filled with local culture from funky art, old oak trees, eclectic dining and shopping…and a long history of family beach fun. 52 Banfill Street is a unique modern chic style home that stands true to the eclectic feel of Grayton Beach.

Home in Grayton Beach 52 Banfill Street

Homes in Grayton Beach

Grayton Beach Market Analysis and Market Snapshot

52 Banfill Street is a masterful design utilizing windows, skylights, and invisible mirrors to allow light through the home’s living spaces with panache and whimsy. This home is filled with moderns touches with exposed stainless duct work, custom fabricated trusses and Toggenpohl assembled cabinets with aluminum finishes shipped from Germany.  The Master suite includes a 17 foot cypress and copper glass round wall that separates the master bedroom and bath. River rocks cover the walls in the shower, and a door from the master leads directly to the yoga and meditation room. One of my favorite features is the Continuous-resistance-motion lap pool with current jets. The exterior gates to the pool area and entertainment lounge are made of solid teak, rescued from an Indonesian palace just prior to the tsunami. The multiple decks are covered by sailcloth retractable awnings and suspended decks are braced by full sized trees. Truly a unique property in Grayton Beach and must see for the most demanding Luxury Home Buyer!

52 Banfill Street in Grayton Beach

2,634 sqft

3 bedrooms, 3 full baths

3-stories tall

Built in 2007,

Currently offered at $1.7 million

If you are interested in this luxury home in Grayton Beach and would like to preview it. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.