Sandestin Market Report – January through September 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. September continued the year with a positive month. Although there weren’t as many properties that closed, the monthly volume was strong. The only month that demonstrated a higher volume this year was June 2009.
A breakdown of September sales is as follows:
0 Attached Single Family Homes
7 Detached Single Family Homes ranging from $317,000 to $650,000
9 Condos ranging from $175,000 to $800,000
There are currently 44 properties that are Contingent and 12 properties that are 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 |
|
September |
16 |
$8,600,250 |
226 |
88.50% |
680 |
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 7 lot sales for the entire period. But, if you are in the market to build a home, this is where you will see the single biggest cost savings! Even if you aren’t ready to build today, purchasing a lot now will save you money when you decide 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 |
|
September |
1 |
$225,000 |
290 |
81.81% |
93 |
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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