Explore our Market Report for Q1 2023 to obtain a comprehensive overview of the real estate markets in 30A, Alys Beach, WaterColor, Rosemary Beach, Seaside, WaterSound Beach, Sandestin, and Destin. The Q1 report, compiled by Berkshire Hathaway HomeServices Beach Properties of Florida is an invaluable resource for your decision-making process as it presents a careful analysis of market trends and data. Whether you’re considering homeownership or curious about the value of your current residence, our report is an ideal reference. It contains the most extensive data sets for the local real estate market. Making informed decisions is crucial, and we are here to assist you every step of the way.
The 30A area overall recorded 213 sales (down 47% from 391 sales for the same period in 2022) sales with 96% of properties selling at the listed price. Rosemary Beach registered three sales in Q1 with the average price per square foot going up 42% ($1742 in 2023 vs $1231 in 2022). The coveted Alys Beach neighborhood saw a 35% jump in average sold price ($6,105,897 in 2023 vs $4512165 in 2022).
118 properties were sold in Santa Rosa Beach, down slightly from 122 in 2022). New construction properties saw a 33% surge with 36 properties sold in Q1 2023 compared to 27 in Q1 2022.
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