Homes Sold & Homes for Sale in Sandestin – July
August 14th, 2007 Categories: Real Estate News, Sandestin Living
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)
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)
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.
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