Sandestin Market Report – January through June 2009
Condos, Detached Single Family, and Attached Single Family
Below is a breakdown of the Year to Date Sales in Sandestin Golf & Beach Resort for Condos, Detached Single Family, and Attached Single Family Residences. As you can see, we’ve had some decent activity for the year! June had more activity than any month this year with a total of 23 successful closings!
A breakdown of June sales is as follows:
10 Detached Single Family Homes ranging from $185,000 to $1,800,000
2 Attached Single Family Homes with sales of $250,000 and $308,000
11 Condos ranging from $105,000 to $1,100,000
July is expected to be the best month so far this year –there have been 8 successful closings this month as of July 20, 2009. In addition, there are currently 22 properties that are either Contingent or Pending within Sandestin Resort with projected closing dates in July 2009. If all closings occur, this would be a total of 30 closings within one month.
Condo, Detached Single Family, and Attached Single Family Sales 2009 –
Sandestin Resort
|
Month |
Monthly |
Monthly |
Avg DOM |
% Sold/List |
Current |
|
January |
6 |
$2,772,000 |
194 |
87.39% |
723 |
|
February |
13 |
$5,402,500 |
352 |
87.95% |
710 |
|
March |
12 |
$3,157,750 |
130 |
91.35% |
728 |
|
April |
15 |
$7,030,000 |
380 |
88.65% |
711 |
|
May |
12 |
$6,869,000 |
375 |
80.43% |
720 |
|
June |
23 |
$10,340.600 |
451 |
81.43% |
644 |
Monthly Sales – Number of closings on Condos, Detached Single Family, and Attached Single Family residences for month
Monthly Volume – Total Sales Volume of all closings
Avg DOM – The Average Days on the Market
% Sold/List – The Percentage of the actual closing versus the listed price on the property
Current Inventory – The current available Condos, Detached Single Family, and Attached Single Family residences listed for sale
Residential Land
Below is a breakdown of the Year to Date Sales in Sandestin Golf & Beach Resort for Residential Land. Lots have continued to be harder to sell. There have only been 5 lot sales for the entire period. There is currently one Contingent lot sale scheduled to close within Sandestin Resort.
Residential Land Sales 2009 – Sandestin Resort
|
Month |
Monthly |
Monthly |
Avg DOM |
% Sold/List |
Current |
|
January |
0 |
0 |
0 |
0.00% |
83 |
|
February |
0 |
0 |
0 |
0.00% |
81 |
|
March |
1 |
$525,000 |
897 |
65.70% |
81 |
|
April |
1 |
$400,000 |
147 |
80.16% |
86 |
|
May |
1 |
$150,000 |
140 |
50.16% |
87 |
|
June |
2 |
$820,000 |
359 |
82% |
84 |
Monthly Sales – Number of closings on Condos, Detached Single Family, and Attached Single Family residences for month
Monthly Volume – Total Sales Volume of all closings
Avg DOM – The Average Days on the Market
% Sold/List – The Percentage of the actual closing versus the listed price on the property
Current Inventory – The current available Condos, Detached Single Family, and Attached Single Family residences listed for sale
***All information above was obtained from the Emerald Coast Association of Realtors Multiple Listing Service. These numbers do not reflect any sales that occurred without a Real Estate Brokerage or those not entered into the MLS system.
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