These statistics are for sales of single family homes in Destin through Inlet Beach.
I think we will see a large jump in closings for April. The market has been buzzing for the last month. Every Realtor I speak with has actually been working lately!
Wow, what a difference all the pre-construction sales of the past made. The condo market remains pretty flat at this point and won't turn until after detached homes do. It could be a while before the stability is back in the condo market, but there are some hurting sellers out there.
Here is the sales and inventory history for detached homes between Destin and Inlet Beach. Let me know if you need any further information.
We are slightly ahead of 2007 in total sales for January and February although the prices are down considerably. The next two months will be a good guide as to what will happen through the summer.
Here are the statistics for condos between Destin and Inlet Beach. In 2007 they closed a pre-construction building so the numbers are skewed. I stated this last year and I stand by the fact that the condo market will take longer to recover. In my opinion it will be in this order; single family homes, condos, followed by raw land. The market is headed in the right direction and we should all be excited about that!
Here is the Sales and Inventory history for January, 2008. This includes all single family homes between Destin and Inlet Beach. In my 2008 forecast I said that January would be a key indicator as to where we are headed this year.
Sales and Inventory History for 2005, 2006, and 2007. Single Family Homes-
These statistics are for SINGLE FAMILY HOMES between Destin and Inlet Beach. This area includes Destin, Miramar Beach, Sandestin, Santa Rosa Beach, Blue Mountain Beach, Grayton Beach, Watercolor, Seaside, Seagrove Beach, Watersound, Seacrest Beach, Alys Beach, Rosemary Beach, and Inlet Beach.
Sales and Inventory History for 2005, 2006, and 2007. Condominiums-
These statistics are for CONDOMINIUMS between Destin and Inlet Beach. This area includes Destin, Miramar Beach, Sandestin, Santa Rosa Beach, Blue Mountain Beach, Grayton Beach, Watercolor, Seaside, Seagrove Beach, Watersound, Seacrest Beach, Alys Beach, Rosemary Beach, and Inlet Beach.