Emerald Coast of Florida Real Estate Makes Booming Rebound
Real estate sales on the Emerald Coast of Florida have overcome the COVID effect downturn of March and April 2020, and far exceeded the year over year sales figures compared to 2019. The chart above illustrates the trend of pending sales each month for the areas of Santa Rosa Beach, 30A, Destin, Sandestin, Miramar Beach, Niceville, Bluewater Bay, Fort Walton Beach, Navarre, Crestview, Freeport, Point Washington and Miramar Beach, Florida.
Properties going under contract increased from March 2020 through June 2020 by 654 units. That’s a 49% increase in number of pending properties, including houses, condos, town homes, lots and commercial properties.
Destin Pending Sales increased from 92 to 239 units.
Miramar Beach Pending Sales increased from 95 to 212 units.
Santa Rosa Beach, North of Hwy 98, Pending Sales increased from 63 to 89 units.
30-A Santa Rosa Beach, South of Hwy 98 Pending Sales increased from 159 to 517 units. (WOW!)
Fort Walton Beach Pending Sales increased from 222 to 270 units.
Niceville Pending Sales increased from 105 to 139 units.
Crestview Pending Sales increased from 216 units to 238 units.
Navarre Florida Pending Sales increased from 213 to 223 units.
Reviewing year-over-year real estate sales changes on the Emerald Coast, there were 2501 total properties under contract between March – June 2019. In 2020, there were 4815 units under contract during the same quarter. That’s an increase of almost 93%. Clearly 2020 sales are strikingly improved over last year.
It’s Wendy… It’s Sold!
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-259-0422
Email Wendy: [email protected]
Wendy Rulnick, Broker, sells real estate in Destin, Santa Rosa Beach, 30A, Miramar Beach, Crestview, Sandestin, Seaside, Rosemary Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Florida.
