The past is proven history and the future outlook is bright! Looking back on 2018, the beautiful area of 30A had a stellar year in regards to investing in property along 30A.
2018 – 30A East and West Residential
There were 1,459 properties sold in 2018, inclusive of both the East and West areas of 30A, with a total sales volume of $1.55 Billion. Average list price was $1,116,096 compared with average sold price of $1,065,078; equaling a 97% sold to list price. Average days on market was 124. Average sold price/square foot was $443. When compared to 2017, median sold prices rose just over 1%, average sold price/square foot increased by $30, and properties sold two weeks sooner in 2018.
The property with the highest closed sales price of 2018 is located at 3034 E County Hwy 30A.
First Quarter 2019 – 30A East and West Residential
So far, 250 properties have closed with a total sales volume of $270 Million. Average list price was $1,078,996 compared with average sold price of $1,024,818; equaling a 96% sold to list price. Average days on market was 137. Average sold price/square foot was $429.
125 Hope Town Lane has been the highest closed property so far in 2019.
2018 – 30A East and West Vacant Land
There were 303 vacant land sales along the 30A corridor totaling just under $168 Million. The average sale closed at 93% of list price at $554,259. In comparison to 2017, there were 377 closed sales with a sales volume of $174.3 Million. The average sale closed at 91% of list price at $462,359
AC4 Sea Castle Alley, Alys Beach was the highest parcel sold at $6.95M in 2018
First Quarter 2019 – 30A East and West Vacant Land
Thus far, 57 parcels have closed for a total sales volume of $30.4 Million. Closing at 93% of list price, the median sales price was $533,474. The highest closed vacant land parcel was lot 12 Pelican Circle.
By sharing this data with you, I hope that you can have a better understanding of the local trends affecting our unique housing market. I hope you find it to be a valuable resource, and I look forward to working with you to meet your real estate needs now and in the future.
Information is deemed to be reliable, but is not guaranteed. © 2019 MLS and FBS. All the listing data, images, or other materials contained in the ecn.flexmls.com site are the copyrighted (©2015 ECARMLS) and confidential material of the Emerald Coast Association of Realtors Multiple Listing Service, Inc. (ECARMLS). Such information cannot be duplicated or distributed in any manner without the express written consent of ECARMLS. Prepared by Heather Harshman, Hilary & Reverie on Wednesday, March 27, 2019 1:08 PM.