Archive for the 'Real Estate News' Category
Homes Sold & Homes for Sale in Alys Beach – August
September 6th, 2007 Categories: Real Estate News, Rosemary Beach Living
Things were real quiet related to contracts and closings in Alys Beach in August. There were no closings and nothing is pending at the first of September in Alys Beach.
There are currently 12 homes for sale in Alys Beach. They range from a three bedroom, four bath, 2160 square foot home listed for $1.995 million to a five bedroom, six bath, 3060 square foot home with the asking price of $2.998 million. The larger home was designed by Miami based architects Martinez and Alvarez and features a courtyard with fountain/dipping pool and has 820 square feet of outdoor rooms.
Homes for Sale in Alys Beach – Beginning of September
Total # of Listings 12
Lowest Price Listing $1,995,000
Highest Price Listing $2,998,000
Average Price $2,504,833
Avg. Price/SqFt $947
Avg. Days on Mkt 268
(Click on the Graph Below to Enlarge)
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Homes Sold & Homes For Sale in Destiny & Destiny by The Sea – August
September 5th, 2007 Categories: Destin Living, Real Estate News
August was a very good month in Destiny and Destiny by The Sea. There were two homes sold in Destiny and two homes sold in Destiny by The Sea. The least expensive was in Destiny and is a three bedroom, two bath, 1950 square foot home that sold for $600,000 and a beautiful gulf front home that has six bedrooms, seven baths and 5600 square feet in Destiny by the Sea sold for $4.2 million.
Homes Sold in Destiny & Destiny by the Sea – August
Total # of Listings 4
Lowest Price Listing $600,000
Highest Price Listing $4,200,000
Average Price $2,018,750
Avg. Price/SqFt $441
Avg. Days on Mkt 346
(Click on the Graph Below to Enlarge)
There are currently 52 homes for sale in Destiny and 25 homes for sale in Destiny by the Sea. The entry level home for sale in Destiny is three bedrooms, two baths, 2022 square feet listed at $597,000. The most expensive home for sale is in Destiny by the Sea featuring seven bedrooms, seven baths, 5696 square feet for $6.5 million. This home is on a 60′ lot fronting the gulf, was designed by Prescott Architects and built by one of our top homebuilders locally, C.D. Jones.
Homes for Sale in Destiny & Destiny By The Sea – September
Total # of Listings 77
Lowest Price Listing $597,000
Highest Price Listing $6,500,000
Average Price $1,726,618
Avg. Price/SqFt $503
Avg. Days on Mkt 229
(Click on Graph Below to Enlarge)
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Condos Sold & Condos for Sale in Grand Dunes – August
September 4th, 2007 Categories: Real Estate News, Sandestin Living, South Walton Living
There was one condo sold in Grand Dunes in August. It was Unit 2240 in the North Tower (this being one floor below the penthouse level) and has three bedrooms, three baths and 2,333 square feet. The unit was nicely furnished and sold for $1.215 million.
There are currently 48 condos for sale in Grand Dunes at the beginning of September. The entry level unit has a very motivated Seller at $1,098,000. The unit is on the third floor of the North Tower with three bedrooms, three baths and 2,490 square feet. At the other end of the price spectrum is a Penthouse Unit in the South Tower that is five bedrooms, five baths, 4,956 square feet and priced at $4.5 million.
Condos for Sale in Grand Dunes – Beginning of September
Total # of Listings 48
Lowest Price Listing $1,098,000
Highest Price Listing $4,500,000
Average Price $1,738,540
Avg. Price/SqFt $612
Avg. Days on Mkt 260
(Click on the graph below to Enlarge)
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Homes Sold & Homes for Sale Kelly Plantation in Destin – August
September 4th, 2007 Categories: Destin Living, Real Estate News
There were no homes sold in Kelly Plantation in August. However, there are three homes pending including one that went under contract in the latter part of August. This home at 4523 Olde Plantation Place was listed for $1.395 million and has four bedrooms, three and a half baths and 3,386 square feet. While the contract/sold price will be divulged at closing, we do know that the closing is scheduled for the end of October.
There are currently 59 homes for sale in Kelly Plantation. They range from a 2,414 square foot home on Carriage Lane with four bedrooms and three baths listed at $600,000 to a 16,000 square foot mansion on Breakwater Drive fronting the bay (410 feet on Jones Bayou) with eight bedrooms, seven full and two half baths priced at $11.25 million.
Homes for Sale in Kelly Plantation – Early September
Total # of Listings 59
Lowest Price Listing $600,000
Highest Price Listing $11,250,000
Average Price $1,701,352
Avg. Price/SqFt $395
Avg. Days on Market 189
(Click on graph below to enlarge)
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Homes Sold and Homes For Sale in Alys Beach – July
August 23rd, 2007 Categories: Real Estate News, Rosemary Beach Living
Alys Beach near the east end of CR-30A is in the early stages of its development, but this will most assuredly eventually become a great little community to rival Rosemary Beach and Seaside – it’s neighbors just east and west. There is 1500 feet of beach, 20 acres of wetlands and on build out there will be 600 residential units both on the north and south side of CR-30A. They have a way to go as currently there are only 12 homes for sale in Alys Beach and about 15 fully constructed.
The architects (same group as Seaside and Rosemary Beach) were inspired by the vernacular styles of Antigua, Bermuda and Guatemala. There are white stucco walls and white ridged roofs everywhere in the community. The mix of shops, restaurants, etc will ultimately play an important role in the community. If there one existing store, The Fonville Press, is any indication – then all that will be top notch too. (Click Above to Enlarge –courtesy of http://www.flickr.com/photos/panhandler/).
There was one home that sold in Alys Beach in July. It was a four bedroom, three and a half bath, 2954 square foot home that sold for $2.125 million. Like many of the homes in Alys Beach, there is a real cool courtyard with a fountain big enough to be used for a dipping pool. Nice house!
There are currently twelve homes for sale in Alys Beach ranging from a three bedroom, four bathroom, 2180 square foot home for $1.995 million to a five bedroom, six bathroom, 3060 square foot home for $2.998 million. The former home is designed by town architects Erik Vogt and Marieanne Koury Vogt and really brings out the feel of Alys Beach – nicely decorated too!
Homes for Sale in Alys Beach – Beginning of August
Total # of Listings 12
Lowest Price Listing $1,995,000
Highest Price Listing $2,998,000
Average Price $2,522,750
Avg. Price/SqFt $953
Avg. Days on Mkt 254
(Click above to Enlarge)
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Homes Sold & Homes for Sale in Kelly Plantation – July
August 23rd, 2007 Categories: Destin Living, Real Estate News
Kelly Plantation in Destin had a good month (comparatively speaking) in July with three homes sold. They included a four bedroom, three bath, 2911 square foot home for $654K, and a four bedroom, four bath, 3354 square foot home for $1.375 million. The former sold for $224 per square foot, which is very low for Kelly Plantation. The Selling agent did note that the Seller needed to relocate (apparently quickly) out of state, needed to sell and conceded a $10K flooring allowance to replace carpet that only a mother could love.
Homes Sold in Kelly Plantation – July
Total # of Listings 3
Lowest Price Listing $654,000
Highest Price Listing $1,375,000
Average Price $1,076,333
Avg. Price/SqFt $308
Avg. Days on Mkt 157
(Click Below to Enlarge)
At the beginning of August there were 59 homes for sale in Kelly Plantation. They ranged from a four bedroom, three bath, 2414 square foot home listed at $600K to an eight bedroom, seven full bath, two half bath, 16K square foot bay front home listed for a casual $11.25 million. This home is on 1.5 acres and 410 feet on the bay. The square footage does not include a 1082 square foot carriage house.
Homes for Sale in Kelly Plantation – Beginning of August
Total # of Listings 53
Lowest Price Listing $600,000
Highest Price Listing $2,450,000
Average Price $1,239,156
Avg. Price/SqFt $367
Avg. Days on Mkt 178
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Condos Sold & Condos for Sale Grand Dunes – July
August 14th, 2007 Categories: Real Estate News, South Walton Living
Four condos sold in July in Grand Dunes. They ranged from a three bedroom, three bath unit on the 19th floor of the North Tower for $1,050,000 to a four bedroom, four bath, 3150 square foot unit on the seventh floor in the South Tower for $2.5 million.
Condos Sold in Grand Dunes – July
Total # of Listings 4
Lowest Price Listing $1,050,000
Highest Price Listing $2,300,000
Average Price $1,497,500
Avg. Price/SqFt $540
Avg. Days on Mkt 228
(Click on the graph below to enlarge)
At the beginning of August there were 50 condos for sale in Grand Dunes in Miramar Beach. At the low end is a second floor unit in the North Tower with three bedrooms, three baths for $1,049,000 and at the high end are two units priced at $2.2 million – one on the third floor of the South Tower and the other on the 23rd floor of the North Tower. Both have four bedrooms and four baths.
Condos for Sale in Grand Dunes – Beginning of August
Total # of Listings 50
Lowest Price Listing $1,049,000
Highest Price Listing $2,200,000
Average Price $1,535,550
Avg. Price/SqFt $577
Avg. Days on Mkt 269
(Click on the graph above to enlarge)
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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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Homes Sold & Homes for Sale in Watercolor – July
August 14th, 2007 Categories: Real Estate News, Watercolor Living
Watercolor had a good month of sales in July with six homes sold. They ranged from a four bedroom, four bath, 2376 square foot home for $1.25 million to a six bedroom, seven bath, 5100 square foot home that sold for $3.5 million. The latter home is nearing completion of construction and has views of Western Lake and to the gulf in the distance.
Homes Sold in Watercolor – July
Total # of Listings 6
Lowest Price Listing $1,125,000
Highest Price Listing $3,500,000
Average Price $1,695,833
Avg. Price/SqFt $546
Avg. Days on Mkt 296
(Click on the graph above to enlarge)
At the beginning of August there were 156 homes for sale in Watercolor. They range in price from $569,000 for a three bedroom, four bath, 1796 square foot home to $4.995 million for a four bedroom, five bath, 2538 square foot home that fronts the gulf. The homes that front the gulf in Watercolor still have a good deal of foliage between the house and the water, but there are board walks to lead you to the sand and water.
Homes for Sale in Watercolor – Beginning of August
Total # of Listings 156
Lowest Price Listing $569,000
Highest Price Listing $4,995,000
Average Price $1,808,305
Avg. Price/SqFt $673
Avg. Days on Market 212
(Click on graph below to enlarge)
The bad news for Sellers is all this translates to 26 months of inventory on hand (the 156 homes for sale in Watercolor divided by the six homes sold in Watercolor). On the positive side, the six homes sold in July mark the most homes sold in any given month (except for seven homes sold this March) in the past 27 months.
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Homes Sold & Homes for Sale in Rosemary Beach – July
August 13th, 2007 Categories: Panama City Beach Living, Real Estate News, Rosemary Beach Living
There were three single family homes sold in Rosemary Beach in July. It was an interesting mix that produced the least expensive sale of a full size home (cottage in this case) in Rosemary Beach in 2007, a short sale and a unique home featured in “Romantic Home Magazine”.
The smallest of the three – 1500 square feet – sold for $925,000, and while another home did sell for slightly less in March – it was a Carriage House with less than 1000 square feet.
The “Romantic” home (blue shutters) is 2686 square feet, three bedrooms, four baths, a beautiful gulf view and went for $3,350,000. Not only is this home one lot back from the gulf front lots, it also has a great view of the Western Green and on to the gulf. It also includes a private elevator, two fireplaces, a private courtyard with fountain and more. Nice…
Homes Sold in Rosemary Beach – July
Total # of Listings 3
Lowest Price Listing $925,000
Highest Price Listing $3,350,000
Average Price $2,091,667
Avg. Price/SqFt $737
Avg. Days on Market 558
At the beginning of August there were 85 homes for sale in Rosemary Beach. They range in price from a two bedroom, one bath, 710 square foot carriage house that is under construction for $809,000 to a 4356 sf home with six bedroom, six and a half baths for $5.495 million.
While this is the most expensive of the homes for sale in Rosemary Beach, it does have great gulf views and the square footage includes a 484 square foot carriage house. It was featured in Decor Magazine and in South Accents Magazine twice including once when the kitchen (red cabinets and stainless steel appliances) was featured on the front cover in March, 2004.
Graph of Homes for Sale in Rosemary Beach – Early August
(Click on graph above to enlarge)
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