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2025 Annual Report | Forgotten Coast

Page 1

2025

Annual Report

FORGOTTEN COAST


B

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Enduring | A Year in Review Enduring captures the lasting appeal of Northwest Florida real estate and the lifestyle that continues to draw people to this remarkable stretch of the Gulf Coast. In a year marked by a slower pace and shifting market conditions, the region continues to prove its staying power. Home values remained steady, demand persisted, and the desire to live, gather, and invest along our beaches never waned. This was not a market driven by urgency but by confidence in place and quality of life. Throughout 2025, buyers and sellers approached the market with greater intention. Stabilizing interest rates and more measured price growth created an environment where decisions were thoughtful, and opportunities were rooted in long-term value. For many, Northwest Florida remained more than a destination. It continued to be a place to put down roots, create memories, and embrace a coastal lifestyle that endures beyond market cycles. At Berkshire Hathaway HomeServices Beach Properties of Florida, our sales professionals are deeply connected to the communities we serve and the lifestyles our clients seek. In 2025, we were proud to assist 777 families in buying and selling homes across Northwest Florida. Each transaction represents a new chapter, whether it is a primary residence, a second home, or a legacy investment along the coast. The vitality of the region reflects this enduring demand. From St. George Island to Navarre Beach, Northwest Florida continues to evolve in ways that enhance everyday living. Growing communities, new local businesses, and thoughtful infrastructure improvements are elevating the coastal experience while preserving the natural beauty that makes this area so special. This balance is what continues to attract fulltime residents, seasonal homeowners, and visitors year after year. As we look ahead, the outlook remains positive and grounded. A more balanced market allows buyers to move forward with clarity and confidence, while sellers benefit from sustained interest in Northwest Florida properties. These conditions support a healthy real estate landscape built on lifestyle, livability, and long-term desirability. Since our founding in 2007 and our affiliation with Berkshire Hathaway HomeServices in 2016, followed by full ownership by HomeServices of America in 2022, our brokerage has been guided by trust, integrity, and a commitment to excellence. Supported by a globally respected brand, we remain focused on delivering exceptional service and local expertise in every market environment. As we reflect on the year behind us and look toward what is ahead, we are grateful for the opportunity to serve the individuals and families who choose to call Northwest Florida home. We invite you to move forward with us into the year ahead, confident in a market and a lifestyle that continue to endure.

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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OFFICE LOCATIONS

1 Ft. Walton Beach

Choctawhatchee Bay 331

98

Northwest Florida Beaches Internationa Airport

2

Destin Sandestin 3 Blue Mountain Beach WaterColor Seaside Seagrove Watersound Beach Rosemary Beach

79

4

Panama City Beach

1. Destin

4. Pier Park

151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120

15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160

2. WaterColor

5. St. George Island

28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006

140 West 1st Street, Ste B St. George Island, FL 32328 850.990.0020

3. Watersound Beach 6652 E Co Hwy 30A, Ste 110 Watersound, FL 32461 850.213.5150

2

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

West Bay


al

20

20

231

Tallahassee

Lynn Haven Panama City Tyndall AFB

Mexico Beach

71

Apalachicola National Forest

98

WindMark Beach

Port St. Joe

Carrabelle

Apalachicola

Eastpoint

5 Cape San Blas

Apalachicola Bay

St. George Island

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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2025 ACCOLADES

777

FA M I L I E S S E R V E D

#

3

B R O K E R AG E O N 3 0 A *Tran s ac t i o n s & Vo lu m e

#1

B R O K E R AG E O N S T. G E O R G E I S L A N D + A PA L AC H I C O L A *Tran s ac t i o n s + Vo lu m e

TOP 7

B R O K E R AG E I N PA N A M A C I T Y B E AC H *Tran s ac t i o n s & Vo lu m e

#29

G LO B A L LY

B R O K E R AG E W I T H I N B E R K S H I R E H AT H AWAY H O M E S E R V I C E S N E T W O R K *2 023 G ro s s Co m m is s io n I n co m e

TOP 50

B R O K E R AG E W I T H I N B E R K S H I R E H AT H AWAY H O M E S E R V I C E S *A n n u al l y Si n c e 2 0 1 6

4

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


TABLE OF CONTENTS

Forgotten Coast S T. G E O R G E I S L A N D 1 2 A PA L AC H I C O L A 1 4 CAPE SAN BLAS 16 P O R T S T. J O E 1 8 M E X I C O B E AC H / S T. J O E B E AC H 2 0

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

5


2025 TOP SALES As we step into 2026 with gratitude and optimism, we want to pause for just a moment to celebrate what made 2025 so meaningful. Before saying goodbye to an incredible year, we’re proud to recognize our Top 10 sales of 2025 and, most importantly, the dedicated agents who made them happen. These milestones reflect trust from our clients, collaboration across our team, and a shared commitment to excellence at every price point. Congratulations to each agent behind these remarkable transactions—and thank you for helping make 2025 a year to remember. Here’s to building on that momentum in 2026.

9 6 C A M P C R E E K P O I N T D R I V E | Sold at $18.25 million by selling agent Scott Cobine 6

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


2 8 B R A M B L E G R O V E P L AC E | Sold at $11 million by selling agents Cory and Lisa Neal

1 1 DA N D E L I O N D R I V E | Sold at $9.275 million by listing agents Anderson Group 30A

1 0 7 K A I YA B E AC H L A N E 9 | Sold at $9 million by listing and selling agent Diana Kish ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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8 0 W H I T T E N WAY | Sold at $6.78 million by selling agent Scott Cobine

3 1 N O R M A N C O U R T | Sold at $5.9 million by selling agent Ann Mosely

3 8 2 0 E C O U N T Y H W Y 3 0 A 1 0 3 | Sold at $5.4 million by listing agent Ann Mosely 8

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


4 5 E M E R A L D R I D G E | Sold at $5.35 million by selling agent Kim Rose

4 5 S O L A I R E WAY P H 2 | Sold at $4.95 million by listing and selling agent Diana Kish

1 4 2 6 E G U L F B E AC H D R I V E | Sold at $4.05 million by selling agent Mary Johnson ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9


FORGOTTEN COAST CAPE SAN BLAS | ST. GEORGE ISLAND AVERAGE SOLD PRICE $1,000,000

$800,000

$672,758

$654,059

$790,518

$1,071,145

$1,246,885

$1,203,200

$1,328,046

$1,203,685

$200,000

$617,147

$400,000

$570,107

$600,000

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

AVERAGE DAYS ON MARKET 400

300

200

10

207

356

121

127

64

57

82

109

130

0

176

100

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


FORGOTTEN COAST PRICE PER SQUARE FOOT $600

$500

$400

$300

$298

$307

$311

$366

$485

$573

$550

$601

$582

$100

$277

$200

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

NUMBER OF SALES 300

250

200

165

169

144

269

323

261

171

137

161

100

155

150

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11


ST. GEORGE ISLAND

12

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


ST. GEORGE ISLAND SINGLE FAMILY HOMES

2024

75

$103,445,893

$1,379,279

$651

105

94%

2025

78

$99,880,350

$1,280,517

$627

123

93%

PERCENT CHANGE

4%

3%

8%

4%

4%

2024

2025

4%

94% 2024

93% 2025

1%

17%

AVERAGE DAYS ON MARKET

$

2025

$

2024

PERCENTAGE OF LIST PRICE SOLD

% OF LIST PRICE SOLD

627

AVERAGE DAYS ON MARKET

651

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

78

SOLD VOLUME

75

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

105 2024

123 2025

17%

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13


APALACHICOLA

14

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


APALACHICOLA SINGLE FAMILY HOMES

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

2024

38

$19,188,000

$504,947

$300

101

95%

2025

51

$21,936,550

$430,128

$285

133

95%

14%

17%

5%

32%

0%

34%

$

2025

$

2024

AVERAGE SOLD PRICE PER SQUARE FOOT

51

34%

38

NUMBER OF SALES

PERCENT CHANGE

2024

2025

5%

95% 2024

95% 2025

0%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

PERCENTAGE OF LIST PRICE SOLD

SOLD VOLUME

285

NUMBER OF SALES

300

YEAR

101 2024

133 2025

32%

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15


CAPE SAN BLAS

16

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


CAPE SAN BLAS SINGLE FAMILY HOMES

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

2024

62

$78,496,454

$1,266,072

$541

113

93%

2025

83

$93,913,000

$1,131,482

$540

137

94%

20%

12%

0%

21%

1%

34%

$

2025

$

2024

AVERAGE SOLD PRICE PER SQUARE FOOT

83

34%

62

NUMBER OF SALES

PERCENT CHANGE

2024

2025

0%

93% 2024

94% 2025

1%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

PERCENTAGE OF LIST PRICE SOLD

SOLD VOLUME

540

NUMBER OF SALES

541

YEAR

113 2024

137 2025

21%

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

17


PORT ST. JOE

18

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PORT ST. JOE SINGLE FAMILY HOMES

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

2024

103

$43,163,310

$419,061

$252

70

97%

2025

119

$47,208,624

$396,711

$250

97

96%

9%

6%

1%

39%

1%

16%

$

2025

$

2024

AVERAGE SOLD PRICE PER SQUARE FOOT

119

16%

103

NUMBER OF SALES

PERCENT CHANGE

2024

2025

1%

97% 2024

96% 2025

1%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

PERCENTAGE OF LIST PRICE SOLD

SOLD VOLUME

250

NUMBER OF SALES

252

YEAR

70 2024

97 2025

39%

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

19


MEXICO BEACH | ST. JOE BEACH

20

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES

166

$104,967,412

$632,334

$339

83

96%

2025

135

$94,528,742

$700,213

$340

97

96%

PERCENT CHANGE

19%

10%

10%

0%

17%

0%

19%

$

2025

$

2024

2024

2025

0%

96% 2024

96% 2025

0%

AVERAGE DAYS ON MARKET

2024

PERCENTAGE OF LIST PRICE SOLD

% OF LIST PRICE SOLD

340

AVERAGE DAYS ON MARKET

339

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

135

SOLD VOLUME

166

NUMBER OF SALES

NUMBER OF SALES

YEAR

83 2024

97 2025

17%

ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

21


For You

For Life

LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

Get to know us at BHHSBeachProperties.com EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Market data for 2025 as of 1/6/26. Infromation reported is deemed reliable but is not guaranteeed. (c)2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a 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.


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2025 Annual Report | Forgotten Coast by Berkshire Hathaway HomeServices Beach Properties of Florida - Issuu