Sandestin Resort Market Report - August 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. August slowed down compared to June and July 2009. But, there has been a lot of activity in number of showings and people coming to the table negotiating.
A breakdown of August sales:
2 Attached Single Family Homes ranging from $455,000 to $650,000
5 Detached Single Family Homes ranging from $353,000 to $629,000
6 Condos ranging from $89,000 to $970,000
There are currently 58 properties that are either Contingent or Pending within Sandestin Resort.
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 |
|
July |
20 |
$6,546,653 |
222 |
88.0% |
634 |
|
August |
13 |
$5,969,500 |
119 |
90.0% |
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. It’s always positive news when a lot closes! There was 1 lot that closed in Sandestin Resort. But, lots have continued to be harder to sell. There have only been 6 lot sales for the entire period. Thinking about building? Check out my blog – Is now a good time to build?
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 |
|
July |
0 |
0 |
0 |
0.00% |
86 |
|
August |
1 |
$335,000 |
480 |
80% |
92 |
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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