30A Real Estate Stats August 2022
We are continuing to see a shift in the 30A real estate market from a seller's market to a buyer's market. We have all seen the news reports of a real estate cool down on a national level and 30A is definitely affected.
In summary, August saw a decline of -25.6% in the number of sold residential listings on 30A over August of 2021. Actually, this is an improvement over last month (July). Last month we were down -42%. The median sales price in August was actually up +32.8%. In most cases, prices are holding, but we are seeing some decreases in certain segments of the market. Most of the owners in our area are not speculators and they are here because they want to be on 30A. We are also seeing a decrease in…
