2020 | 30A + Destin Annual Market Report | Berkshire Hathaway HomeServices

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2020 ANNUAL MARKET REPORT



INSPIRE Living along the world’s most beautiful beaches, every day is filled with promise. It seems as though the Gulf of Mexico is an endless source of inspiration for many, bringing with it the courage, clarity and insight to bring about change and find innovative new avenues to explore. Inspiration comes in many forms yet it carries over into every aspect of our lives. What inspires us professionally may give rise to a new change in our mindset that allows other areas of our lives to flourish. In the same regard, and what has happened to so many local residents, is that one trip to the beach inspires us to make our dream coastal lifestyle a reality. As we reflect on the past decade, Inspire was the word that kept coming to mind. People were inspired to move to the coast and the numbers certainly reflect that! Families that only dreamed about living at their favorite beach found an opportunity to work remotely. Early retirement became a reality for couples seeking the warmth of the Florida panhandle. Investment-minded individuals made the decision to invest in rental properties, that would eventually become their full-time home. This swell in population has given rise to influential changes across the board. From design to architecture to the coastal lifestyle we all love here at the beach, there has a dramatic transformation over the past ten years and it’s exciting to witness. We are a collection of inspirations here along the coast - 30A, Destin, Panama City Beach, the Forgotten Coast - and the future looks just as impressive. What inspires you? Is it the sound of crashing waves or the feel of the sugarwhite sand beneath your feet? Is it being able to leave the hustle and bustle of city life behind as you slip on your ‘fancy’ flip flops to wear to dinner? Is it the feeling of joy you experience at seeing your children love the Gulf of Mexico as you do? Or is the solitude of a quiet beach at sunrise as you start another spectacular day here on the coast? Here at Berkshire Hathaway HomeServices Beach Properties of Florida, we find inspiration in our people - our clients, our colleagues and our local communities. We are eternally grateful for the opportunity to live where do and we’re passionate about sharing why our coastal towns are so extraordinary. Let’s make 2021 the year we find your coastal inspiration.


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MARKET REPORT 2020 2018 || BERKSHIRE BERKSHIRE HATHAWAY HATHAWAY HOMESERVICES HOMESERVICES BEACH BEACH PROPERTIES PROPERTIES OF OF FLORIDA FLORIDA


BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA #

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LISTING BROKERAGE ON 30A 2020 *Transactions

TOP 5 LISTING BROKERAGE IN PANAMA CITY BEACH 2020 *Transactions & Volume

TOP 3 BROKERAGE ON THE FORGOTTEN COAST 2020 *Transactions & Volume

TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES WORLDWIDE 2016, 2017, 2018, 2019

OVER $1 BILLION IN ANNUAL SALES VOLUME 2020

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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30A

6

MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


30A 30A OVERALL ROSEMARY BEACH ALYS BEACH WATERSOUND BEACH SEASIDE WATERCOLOR WATERSOUND ORIGINS SANTA ROSA BEACH SOUTH WALTON NEW CONSTRUCTION


30A OVERALL 30A

38 CHIVAS LANE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

30A OVERALL

$

1,075

1,710

2019

2020

1,164,367

$

1,482,849 2020

2019

$

433

$

502

2019

2020

115

108

2019

2020

97% 2019

97% 2020

59%

27%

16%

6%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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ROSEMARY BEACH 30A

32 N CARTAGENA LANE

10

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


53

2019

2020

2,268,516

$

2,445,103

$

820

66%

8%

2020

2019

$

798

2019

2020

AVERAGE DAYS ON MARKET

$

32

155

159

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ROSEMARY BEACH

94 %

94%

2019

2020

3%

3%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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ALYS BEACH 30A

33 CALIZA LANE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


68

2019

2020

3,312,234

$

4,014,480 2020

2019

$

992

$

1,148

2019

2020

AVERAGE DAYS ON MARKET

$

19

98

66

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ALYS BEACH

97%

98%

2019

2020

258%

21%

16%

33%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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WATERSOUND BEACH 30A

46 COOPERSMITH LANE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERSOUND BEACH

$

34

71

2019

2020

2,617,206

$

2,717,259 2020

2019

$

689

$

719

109%

4%

4%

2019

2020

153

164

2019

2020

7%

95%

95%

2019

2020

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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SEASIDE 30A

307 E RUSKIN PLACE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SEASIDE

$

24

23

2019

2020

2,369,250

$

2,317,115 2020

2019

$

1,102

$

1,307

2019

2020

112

129

2019

2020

94%

96%

2019

2020

4%

2%

19%

15%

2%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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WATERSOUND ORIGINS 30A

36 CANNONBALL LANE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


163

2019

2020

629,029

$

690,520

$

275

85%

10%

2020

2019

$

288

2019

2020

AVERAGE DAYS ON MARKET

$

88

95

72

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERSOUND ORIGINS

100%

99%

2019

2020

5%

24%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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WATERCOLOR 30A

64 VERMILION WAY

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

WATERCOLOR

$

80

141

2019

2020

1,857,667

$

2,113,782 2020

2019

$

546

$

643

2019

2020

126

98

2019

2020

96%

103%

2019

2020

76%

14%

18%

22%

7%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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SANTA ROSA BEACH 30A

1095 DRIFTWOOD POINT ROAD

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


540

2019

2020

402,281

$

485,632 2020

2019

$

182

$

208

2019

2020

AVERAGE DAYS ON MARKET

$

433

92

81

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANTA ROSA BEACH

98%

98%

2019

2020

25%

21%

14%

12%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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SOUTH WALTON NEW CONSTRUCTION NC

95 TYLER - CHURCHILL OAKS

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SOUTH WALTON NEW CONSTRUCTION

$

283

407

2019

2020

806,272

$

1,038,582 2020

2019

$

296

$

342

2019

2020

75

80

2019

2020

99%

99%

2019

2020

44%

29%

16%

7%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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EC


EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN DESTIN CONDOS


SANDESTIN EC

3595 PRESERVE LANE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


225

2019

2020

772,184

$

934,376 2020

2019

$

297

$

331

2019

2020

AVERAGE DAYS ON MARKET

$

160

96

81

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANDESTIN

96%

96%

2019

2020

41%

21%

11%

16%

0%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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MIRAMAR BEACH EC

285 TWISTED PINE TRAIL

30

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


264

2019

2020

762,636

$

878,198 2020

2019

$

280

$

308

2019

2020

AVERAGE DAYS ON MARKET

$

201

107

96

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

MIRAMAR BEACH

96%

98%

2019

2020

31%

15%

10%

10%

2%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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DESTIN EC

783 BAYOU DRIVE

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


570

2019

2020

640,043

$

824,697 2020

2019

$

244

$

279

2019

2020

AVERAGE DAYS ON MARKET

$

511

96

99

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

DESTIN

97%

96%

2019

2020

12%

29%

14%

3%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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DESTIN CONDOS EC

950 HWY 98 - UNIT 6042

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MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


753

2019

2020

435,926

$

446,743 2020

2019

$

311

$

318

2019

2020

AVERAGE DAYS ON MARKET

$

592

95

116

2019

2020

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

DESTIN CONDOS

96%

97%

2019

2020

27%

3%

2%

22%

1%

MARKET REPORT 2020 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

©2021 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.