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30A Real Estate Stats September 2022

To summarize, the sales volume on 30A is way down, but on average, the prices are up. The median sales price was actually up in Sept of 2022 vs. Sept of 2021 by +24.3%, also the average sales price was up over +20% at $1,948,360 in September of 2022 and It was $1,556,085 in September of 2021.  Our number of sales were down the highest level year to date at -49.3% in September.  Days on market came in at 53 cumulative days on market.  There were 189 New listings in September of 2021 and there were also 189 new listings in September of 2022. 

Our inventory levels have shot up.  We currently have 5.79 Months of inventory on 30A with 619 home, condo, and townhome listings.  In March of 2021 we had less than 1 month…

Current Real Estate Statistics on Hwy 30A - June 2022

There seems to be a shift in the 30A Real Estate market.   The number of sales has been down year over year for the last 6 months.  Prices are still increasing but at a steadier pace. June was the lowest year over year median sales price increase at 6.7% year to date.  The key takeaway is that the median sales price is up 6.7% year over year, but the median list price is up a whopping 45.4% year over year.  In my opinion, this explains the many price reductions on 30A.

Below are some interesting statistics showing exactly where the 30A real estate market is today.  We pulled numbers for homes, condos, and townhouses.  These numbers represent transactions in the 30A area South of Hwy 98 from Dune…

The Hwy 30A Real Estate market is currently on fire.  This is the best real estate market that I have ever seen and I have been licensed since 1997.  Many of the popular properties are going under contract with 1 day on the market.  This can be frustrating for many buyers because they are from out of town and often cannot move fast enough.  We have a formula that can help buyer's during this challenging market.  Below are some tips to help you achieve success in acquiring a 30A property.

• Auto Updates - We can set you up to be automatically updated when a property within your criteria hits the market.  This will enable you to move fast and get your offer in immediately.  JOIN DEAL ALERT to get set up on auto-updates today.
• Get Pre Approved - If…

As a 30A real estate brokerage, we enjoy working with 1031 exchange buyers and sellers.  We have successfully helped many of our customers complete successful 1031 exchange transactions, and we have a great system.  Below are some tips and facts about 1031 "like kind" exchanges for properties on the Emerald Coast of Florida.

• Please consult with an attorney and/or tax expert to make sure a 1031 is the best strategy for you and your specific situation.  The amount of profit from the sale, depreciation, and other items will dictate whether or not the expense of a 1031 is worth the benefit.
• You must hire a 1031 intermediary to hold the funds from the initial property sale.  You can never have access to the 1031 proceeds.  Your title company or…