Homes On 30A ® 850-687-1064

WaterColor Real Estate, Rosemary Beach and Scenic 30A

30A real estate sales

30A YTD Closed/Sold Profile Report

Karen Holder

Broker Associate

The Beach Group

850.687.1064

www.Homeson30A.com

 

30A  Real Estate Sales Stats for Detached Single Family Homes 2011-2012

 

       Sales Price Range 2011 2012   Percentage Change
$0- $99,999 5 1 -80.00%
$100,000- $149,999 4 7 75.00%
$150,000- $199,999 22 26 18.18%
$200,000- $249,999 19 21 10.52%
$250,000- $299,999 28 35 25.00%
$300,000- $349,999 41 22 -46.34%
$350,000- $399,999 23 32 39.13%
$400,000- $449,999 30 34 13.33%
$450,000- $499,999 32 37 15.62%
$500,000- $549,999 15 27 80.00%
$550,000- $599,999 15 20 33.33%
$600,000- $699,999 12 37 208.33%
$700,000- $799,999 20 21 5.00%
$800,000- $899,999 22 26 18.18%
$900,000- $999,999 19 27 42.10%
$1,000,000-$1,499,000 47 59 25.53%
$1,500,000-$1,999,999 19 26 36.84%
2Million and Above 30 28 -6.66%
Total 403 489 20.59%

 

30A Real Estate Statistics

Real Estate Sales Along Scenic Hwy 30a continue to climb and inventories continue to decrease. We were at a 32 month inventory supply along Scenic 30a in January of 2011 and we are currently at a 12.5 month supply .We are slowly seeing the market trend upward and once again becoming a sellers market.  All of this combines to indicate that demand for property along 30A remains strong and nothing drives the market like demand. I have been very fortunate here on the beach throughout the market recession of the past 5 years to maintain a high level of sales. I look forward to the coming year as interest rates are expected to remain at record low’s.

 

 

Real Estate Watch – Days On Market Decreasing with Homes Selling Faster

Not only is the inventory of homes for sale decreasing, the average days on market is lowering as well.  The average is down 11% nationally.  September 2011 housing data shows that homes were listed on average 107 days and this September it is down to 95 days.

The inventory of homes for sale continue to remain low and nationally has dropped 18% September 2012 vs September 2011.

Low mortgage rates and affordable housing is creating in increase in home buying demand and is pushing homebuyers’ purchasing power higher.  This is also creating a rise in asking prices which is up 0.8% compared to 2011 according to Realtor.com.

Source: “Listings of Homes for Sale Drop as U.S. Housing Recovers,” BusinessWeek (Oct. 15, 2012) and REALTOR® Magazine Daily News