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Homes Sold & Homes for Sale in Sandestin – July

There were eight single family homes sold during July in Sandestin.  They ranged from an older home in Sandestin (built in 1982) with three bedrooms, three bathrooms and 1,896 square foot for $365,000 to a 4,000 square foot home with five bedrooms and four baths for $1.9 million.  The latter home overlooks a lake and the 13th tee of the Burnt Pine Golf Course. 

Homes Sold in Sandestin – July 

Total # of Listings       8
Lowest Price Listing     $365,000
Highest Price Listing     $1,900,000
Average Price              $970,063
Avg. Price/SqFt           $326
Avg. Days on Market    244

(Click on the graph below to enlarge)
Sandestin Homes Sold July Graph





At the beginning of August there were 196 homes for sale in Sandestin.  They range from one of the older homes in Sandestin (built in 1976) that is 1121 square feet with two bedrooms and two bathrooms for $299,000 to a bay front home with four bedrooms, six baths and 5,800 square feet for $5.4 million.  This home, as pointed out in last month’s post, is on the lot of the original developer of Sandestin Bay Estates and has 112 feet on the bay. 

Homes for Sale in Sandestin – Beginning of August 

Total # of Listings    192
Lowest Price Listing  $299,000
Highest Price Listing  $5,400,000
Average Price           $1,170,032
Avg. Price/SqFt        $412
Avg. Days on Mkt     200

(Click on the graph below to enlarge)
Sandestin Active Graph First of August





The above indicates slightly over a two year supply of inventory – 196 homes for sale in Sandestin divided by eight homes sold) and does not take in to account the huge volume (581) of condos for sale in Sandestin at the beginning of August.

This entry was posted on Tuesday, August 14th, 2007 at 10:07 am and is filed under Real Estate News, Sandestin Living. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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