Page 1

MARKET REPORT | Q2 2018


20 DEER LAK SOLD


#

1

BROKERAGE ON 30A Q1 + Q2 2 018

#

1

BROKERAGE OF LISTINGS ABOVE $5,000,000 Q1 + Q2 2 018

5 OF NW FLORIDA’S TOP 10 HIGHEST PRICED SALES OF THE YEAR Q1 + Q2 2018

$

350,000,000+ SALES VOLUME Q1 + Q2 2 018

#

32

RANKING WITHIN 1,350+ BERKSHIRE HATHAWAY HOMESERVICES GLOBAL OFFICES Berkshire Elite Circle 2 016 + 2 017

#

502

RANKING ON SWANEPOEL MEGA 1000 LIST OF TOP

KE BEACH DRIVE FOR $8,925,000

PRODUCING NORTH AMERICAN BROKERAGES 2 017


HOW’S THE MARKET? That question always comes up when discussing Florida real estate. The Gulf Coast is known for its spectacular beaches, but it’s also a growth-oriented market recognized nationally for its investment potential. For this report, side-by-side comparisons of the past three quarters have been made. You’ll see some interesting changes taking place. Significant gains can be seen in luxury communities, such as WaterSound Beach, as well as the coastal communities of Panama City Beach and Cape San Blas. It is the steady growth of these and all Northwest Florida regions however, that is of particular interest. The market is changing in a consistent manner. We’re seeing a reduction in inventory (fewer homes on the market) and a greater urgency to purchase quickly with homebuyers looking to maximize their investment before prices rise. This trend makes quarterly reporting a priority to get the best sense of our current cycle. Minor fluctuations can be seen, but the market data shows the strength and stability of Northwest Florida real estate. Interest in coastal homes is at an all time high; with demand exceeding supply, it’s an exciting chapter for the Gulf Coast.

So… how’s the market?  Let’s take a look.


#GOODTOKNOW AVERAGE SOLD PRICE : The average sold price of a property. PRICE PER SQUARE FOOT : The average sold price per square foot. AVERAGE DAYS ON MARKET : An average of a property’s cumulative days on the market prior to its sale. NUMBER OF SALES : Total number of residential home sales. PERCENTAGE OF LIST PRICE SOLD : The percentage of the home’s original list price compared to its final sold price. All reporting is based on sales data for Residential, Detached Single Family properties with the exception of Panama City Beach condos. All information is deemed to be reliable, but is not guaranteed.


30A

“Price is what you pay. Value is what you get.” WARREN BUFFET CEO, BERSHIRE HATHAWAY INC.

6

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


30A 30A OVERALL ROSEMARY BEACH ALYS BEACH WATERSOUND BEACH SEASIDE WATERCOLOR SANTA ROSA BEACH


30A OVERALL 30A

70 SEAGROVE VILLAGE DRIVE

8

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


30A OVERALL

$

228

203

289

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

1,067,742

$

1,223,571

$

1,250,950

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

383

$

450

$

454

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

153

172

175

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

97%

97%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9


ROSEMARY BEACH 30A

101 ROUND ROAD

10

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ROSEMARY BEACH

$

7

7

10

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

2,277,129

$

2,616,286

$

2,169,550

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

675

$

840

$

744

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

193

349

290

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

93%

94%

95%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11


ALYS BEACH 30A

29 LAGARZA COURT

12

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ALYS BEACH

$

5

5

7

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

3,082,778

$

3,357,568

$

2,976,934

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

879

$

931

$

921

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

181

51

125

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

97%

99%

98%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13


WATERSOUND BEACH 30A

242 EAST YACHT POND LANE

14

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


WATERSOUND BEACH

$

6

5

6

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

2,724,167

$

2,193,200

$

2,752,333

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

669

$

576

$

788

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

219

342

138

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

94%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15


SEASIDE 30A

WAKULLA LANE

16

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


SEASIDE

$

2

5

10

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

1,775,750

$

1,677,500

$

1,570,390

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

997

$

1,397

$

959

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

269

225

175

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

92%

95%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

17


WATERCOLOR 30A

83 VERMILLION WAY

18

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


WATERCOLOR

$

19

22

29

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

1,515,463

$

1,630,114

$

1,745,310

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

482

$

514

$

527

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

240

190

232

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

95%

96%

94%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

19


SANTA ROSA BEACH 30A

15 FORT PANIC DRIVE

20

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


SANTA ROSA BEACH

87

87

112

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

365,323

$

325,382

$

398,187

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

167

$

167

$

183

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE

Q4 2017

Q1 2018

FOOT

119

126

128

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

97%

97%

98%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

21


NC

N


NEW CONSTRUCTION SOUTH WALTON


NEW CONSTRUCTION NC

CATNAP ALLEY | KAIYA BEACH RESORT 24

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


NEW CONSTRUCTION

113

107

159

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

787,548

$

879,211

$

894,805

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

286

$

310

$

306

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

133

148

187

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

99%

98%

99%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

25


EC


EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN


SANDESTIN EC

9100 BAYTOWNE WHARF BOULEVARD

28

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


SANDESTIN

45

39

29

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

755,139

$

703,286

$

729,333

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

272

$

276

$

288

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

172

160

127

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

96%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

29


MIRAMAR BEACH EC

93 NORTH BEACH DRIVE

30

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


MIRAMAR BEACH

$

37

39

55

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

658,094

$

708,491

$

681,152

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

256

$

260

$

248

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

187

190

105

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

97%

94%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

31


DESTIN EC

114 SANDPRINT CIRCLE

32

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


DESTIN

104

100

131

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

578,660

$

703,258

$

707,701

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

225

$

233

$

249

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

137

171

148

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

96%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

33


BC


BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY


PANAMA CITY BEACH CONDOS BC

9450 SOUTH THOMAS DRIVE

36

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY BEACH CONDOS

333

395

489

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

255,321

$

265,848

$

261,972

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

223

$

235

$

232

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

149

103

98

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

96%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

37


PANAMA CITY BEACH BC

8127 NORTH LAGOON DRIVE

38

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY BEACH

210

232

248

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

301,044

$

310,505

$

359,856

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

169

$

175

$

186

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

110

88

70

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

96%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39


PANAMA CITY BC

2409 PRETTY BAYOU DRIVE

40

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PANAMA CITY

313

319

413

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

201,896

$

210,417

$

202,870

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

112

$

112

$

112

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

85

85

69

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

98%

97%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

41


FC


FORGOTTEN COAST APALACHICOLA ST. GEORGE ISLAND CAPE SAN BLAS MEXICO BEACH / ST. JOE BEACH PORT ST. JOE


APALACHICOLA FC

127 AVENUE B

44

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


APALACHICOLA

9

15

16

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

128,111

$

318,435

$

285,053

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

168

$

$

81

$

171

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

323

102

186

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

89%

94%

98%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

45


ST. GEORGE ISLAND FC

1048 EAST GORRIE DRIVE

46

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ST. GEORGE ISLAND

14

31

29

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

660,607

$

729,316

$

562,294

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

296

$

310

$

266

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

155

172

123

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

91%

93%

94%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

47


CAPE SAN BLAS FC

2131 TURTLE WALK

48

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


CAPE SAN BLAS

$

15

20

22

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

626,600

$

574,738

$

693,609

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

314

$

295

$

320

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

228

139

100

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

94%

94%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49


MEXICO BEACH FC

2197 STATE ROAD 30A

50

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


MEXICO BEACH | ST. JOE BEACH

27

19

37

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

321,688

$

416,987

$

343,767

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

196

$

260

$

237

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

97

67

82

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

94%

98%

97%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

51


PORT ST. JOE FC

1027 MCCLELLAND AVENUE

52

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PORT ST. JOE

16

25

37

NUMBER OF SALES

NUMBER OF SALES

NUMBER OF SALES

Q4 2017

Q1 2018

Q2 2018

$

172,271

$

204,140

$

222,385

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE

Q4 2017

Q1 2018

Q2 2018

$

125

$

140

$

141

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

AVERAGE PRICE PER SQUARE FOOT

Q4 2017

Q1 2018

Q2 2018

52

58

47

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

AVERAGE DAYS ON MARKET

Q4 2017

Q1 2018

Q2 2018

96%

98%

96%

PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD PERCENTAGE OF LIST PRICE SOLD Q4 2017

Q1 2018

Q2 2018

MARKET REPORT Q2 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

53


LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

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2018 : Q2 | Market Report | Berkshire Hathaway HomeServices Beach Properties of Florida  
2018 : Q2 | Market Report | Berkshire Hathaway HomeServices Beach Properties of Florida