Destin Florida Real Estate: 1,866 homes for sale.
Homes For Sale
Destin Florida & Vicinity
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Freeport, 32439
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Destin Florida Homes - Market Update
February 2012 -- Home sales statistics for 2010 indicate a remarkably positive real estate year considering economic challenges. The number of homes sold confirm our local market has fared much better than national averages.
Home Sales Trend. The number of home sales in 2010 ended in a virtual tie with 2009 (2,895 vs. 2,894). Although 2010 only managed to tie 2009 in the number of home sales, it is reassuringly strong performance considering the BP oil scare and stifled sales early in the year.
Average Price of Homes Sold Rise 2% in 2010. For the first time in 3 years, the average price of homes sold rose. This rise in price confirms buyers are beginning to shop for and purchase slightly higher price homes than they were a year earlier.
Home Inventory Trend. During the course of the year home inventory fell by 8% moving from 2,957 homes to 2,709 homes for sale. Home inventory now stands at 1,866 for sale.
Sales are up, but what about prices.? Home prices which had fallen for over 4 years have now stabilized largely due to the increased number of buyers and the shrinking inventory. Continued low interest rates and the tax credit have also favorably affected the market. This trend is expected to continue.
Looking for a Short Sale or Foreclosure Property? Short sales accounted for 17% of all home sales in 2010 while foreclosures accounted for 14%. Traditional non-distressed sales accounted for 69% of all homes sold. Home short sales and foreclosures continue to exert downward price pressure while shrinking inventory and increased sales apply upward pressure. Both appear to offset the other at least for now as prices remain stable.
We'd appreciate an opportunity to earn your business. Buyers searching for bargains must do their homework. Although true bargains are scarce, smart buyers teamed a smart Realtor team can find them. We're here to help if you need us!
Homes for For Sale
Please let us know if I may assist you in obtaining detailed information for properties located in any of the following cities or regions below.
Area
Condos
Town Homes
Homes
Lots / Land
Total
SANTA ROSA BEACH
80
26
294
649
1,049
MIRAMAR BEACH
292
20
92
79
483
DESTIN
534
25
251
159
969
NAVARRE
36
14
141
175
366
GRAYTON BEACH AREA
156
20
375
320
871
NICEVILLE
18
29
217
113
377
FORT WALTON BEACH
251
60
269
66
646
SANDESTIN
183
31
88
56
358
FREEPORT
0
0
139
299
438
Total:
1,550
225
1,866
1,916
5,557
Homes for sale -- Search by City and Subdivision
Homes for sale - sorted by City and Subdivision -- Search for homes for sale in over 1,200 neighborhoods within 25 miles of Destin. Use the links below to find your favorite neighborhood. Get started with a few of our suggestions below. Then click on "more" to see them all.
Destin
2. Calhoun
3. Regatta Bay
5. Gulf Dunes
7. Destiny East
8. Destiny West
10. Quail Lake
11. Indian Woods
Sandestin Resort
1. Baypines
2. Bungalos
4. Crystal Lake
5. Deerwood
7. Del Mar
8. Genoa
9. Burnt Pine
10. Laurel Grove
11. Baytowne East
About Our Site
IMPORTANT NOTE: All information provided on this site is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
RELIABILITY: RE/MAX Paradise Properties strives to ensure the accuracy of the data contained within this site. Information is deemed reliable, but is not guaranteed.
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