Destin / South Walton County Market Report
Here is a brief, but very significant, market report with data collected by Compass Realty of Florida. Below is a breakdown, by property type, of closed sales within Destin and South Walton County for all of 2009 broken down by month. This information was taken from the Emerald Coast Association of Realtors Multiple Listing Service (MLS). This data does not include any sales that were not recorded in the MLS.
Bottom line - the real estate market is moving! We’ve noticed a HUGE increase in people stepping to the table and the number of showings within the past month.
Contact us if you have any questions!
| Destin / South Walton County 2009 | ||||
| Detached Single Family Residences | ||||
| Area | Number of Sales | Total Sales Volume | Average Sales | Median Sales |
| January | 46 | $ 19,958,115 | $ 433,872 | $ 315,650 |
| February | 62 | $ 27,609,077 | $ 445,307 | $ 292,500 |
| March | 75 | $ 34,289,775 | $ 457,197 | $ 301,000 |
| April | 100 | $ 51,281,475 | $ 512,814 | $ 378,500 |
| May | 85 | $ 47,857,420 | $ 563,028 | $ 367,700 |
| June | 109 | $ 55,126,600 | $ 505,748 | $ 355,000 |
| July | 72 | $ 19,958,115 | $ 458,371 | $ 355,000 |
| Destin / South Walton County 2009 | ||||
| Condos | ||||
| Month | Number of Sales | Total Sales Volume | Average Sales | Median Sales |
| January | 26 | $ 8,487,000 | $ 326,423 | $ 272,500 |
| February | 36 | $ 13,677,000 | $ 379,916 | $ 253,500 |
| March | 65 | $ 25,857,463 | $ 397,807 | $ 300,000 |
| April | 47 | $ 19,225,151 | $ 409,045 | $ 300,000 |
| May | 65 | $ 29,865,600 | $ 459,470 | $ 250,000 |
| June | 72 | $ 26,960,850 | $ 374,456 | $ 297,500 |
| July | 75 | $ 26,812,253 | $ 357,496 | $ 290,000 |
| Destin / South Walton County 2009 | ||||
| Attached Single Family | ||||
| Month | Number of Sales | Total Sales Volume | Average Sales | Median Sales |
| January | 5 | $ 1,296,000 | $ 259,200 | $ 137,000 |
| February | 11 | $ 1,967,000 | $ 178,818 | $ 175,000 |
| March | 7 | $ 1,594,900 | $ 227,842 | $ 187,000 |
| April | 14 | $ 2,686,400 | $ 191,885 | $ 161,000 |
| May | 7 | $ 1,059,460 | $ 151,351 | $ 128,100 |
| June | 12 | $ 2,705,950 | $ 225,495 | $ 193,250 |
| July | 13 | $ 3,715,800 | $ 285,830 | $ 147,900 |
| Destin / South Walton County 2009 | ||||
| Residential Land | ||||
| Month | Number of Sales | Total Sales Volume | Average Sales | Median Sales |
| January | 9 | $ 2,068,900 | $ 229,877 | $ 100,000 |
| February | 17 | $ 4,209,400 | $ 247,611 | $ 150,000 |
| March | 18 | $ 5,239,250 | $ 291,069 | $ 78,250 |
| April | 32 | $ 6,498,529 | $ 203,079 | $ 112,500 |
| May | 35 | $ 7,515,552 | $ 214,730 | $ 145,000 |
| June | 38 | $ 7,632,500 | $ 200,855 | $ 114,000 |
| July | 22 | $ 12,411,404 | $ 564,154 | $ 250,000 |
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