2019 : Q3 | Northwest Florida Market Report | Berkshire Hathaway HomeServices Beach Properties of FL

MARKET REPORT | Q3 2019

CUSTOMER FOCUSED RESPECT COLLABORATORS INTEGRITY PROFESSIONALISM ENTHUSIASM DEDICATION SUCCESSFUL RESULTS COMMITMENT TO INNOVATION

2

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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1

BROKERAGE ON 30A 2018 *Volume

#1 BROKERAGE ON 30A 2018 *Closed Transactions

TOP 10 BROKERAGE IN BAY COUNTY 2018 *Volume

TOP 3 BROKERAGE ON THE FORGOTTEN COAST 2018 *Volume

TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES 2016 & 2017 & 2018 *Gross Commission Income

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

3

30A

4

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

30A 30A OVERALL ROSEMARY BEACH ALYS BEACH WATERSOUND BEACH SEASIDE WATERCOLOR SANTA ROSA BEACH POINT WASHINGTON 30A WEST

30A OVERALL 30A

85 NORTH WATCH TOWER

6

MARKET REPORT Q3 2019 | 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

$

236

278

Q3 2018

Q3 2019

1,190,065 Q3 2018

$

423

$

1,110,208 Q3 2019

$

417

Q3 2018

Q3 2019

142

104

Q3 2018

Q3 2019

96%

96%

Q3 2018

Q3 2019

18%

7%

1%

27%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7

ROSEMARY BEACH 30A

143 WIGGLE LANE

8

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7

Q3 2018

Q3 2019

2,452,599 Q3 2018

$

690

$

2,109,643

36%

14%

Q3 2019

$

744

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

11

102

146

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ROSEMARY BEACH

95%

94%

Q3 2018

Q3 2019

8%

43%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9

ALYS BEACH 30A

11 MOONGATE COURT

10

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

4

Q3 2018

Q3 2019

4,014,167 Q3 2018

$

1,164

$

3,411,071 Q3 2019

$

954

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

6

214

35

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

ALYS BEACH

92%

97%

Q3 2018

Q3 2019

33%

15%

18%

84%

5%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11

WATERSOUND BEACH 30A

SOUTH COMPASS POINT WAY | LOT 50

12

MARKET REPORT Q3 2019 | 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

$

6

7

Q3 2018

Q3 2019

1,364,833 Q3 2018

$

683

$

2,755,714 Q3 2019

$

648

17%

102%

5%

Q3 2018

Q3 2019

309

270

Q3 2018

Q3 2019

13%

97%

93%

Q3 2018

Q3 2019

4%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13

SEASIDE 30A

23 EAST RUSKIN STREET

14

MARKET REPORT Q3 2019 | 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

$

2

4

Q3 2018

Q3 2019

1,562,000

$

3,780,625 Q3 2019

Q3 2018

$

689

$

1,460

Q3 2018

Q3 2019

457

135

Q3 2018

Q3 2019

92%

97%

Q3 2018

Q3 2019

100%

142%

112%

70%

5%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15

WATERCOLOR 30A

35 BLACKWATER STREET

16

MARKET REPORT Q3 2019 | 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

$

27

25

Q3 2018

Q3 2019

1,693,048 Q3 2018

$

504

$

1,758,689 Q3 2019

$

515

Q3 2018

Q3 2019

211

97

Q3 2018

Q3 2019

96%

97%

Q3 2018

Q3 2019

7%

4%

2%

54%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

17

30A WEST 30A

28 BLUFF LANE

18

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

95

Q3 2018

Q3 2019

1,000,424 Q3 2018

$

368

$

742,719 Q3 2019

$

310

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

73

125

115

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

30A WEST

96%

97%

Q3 2018

Q3 2019

30%

26%

16%

8%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

19

SANTA ROSA BEACH | POINT WASHINGTON 30A

7 PARISH

20

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

107

Q3 2018

Q3 2019

414,535 Q3 2018

$

187

$

415,304 Q3 2019

$

186

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

90

135

87

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANTA ROSA BEACH | POINT WASHINGTON

98%

98%

Q3 2018

Q3 2019

19%

1%

1%

36%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

21

NC

N

NEW CONSTRUCTION SOUTH WALTON

NEW CONSTRUCTION NC

KAIYA AVENUE | LOT 49

24

MARKET REPORT Q3 2019 | 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

NEW CONSTRUCTION

$

99

92

Q3 2018

Q3 2019

794,948 Q3 2018

$

292

$

857,593 Q3 2019

$

306

Q3 2018

Q3 2019

145

74

Q3 2018

Q3 2019

99%

99%

Q3 2018

Q3 2019

7%

8%

5%

49%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

25

EC

EMERALD COAST SANDESTIN MIRAMAR BEACH DESTIN NAVARRE

SANDESTIN EC

5002 SOUTH SANDESTIN LANE | 7126

28

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39

Q3 2018

Q3 2019

813,239 Q3 2018

$

290

$

716,390 Q3 2019

$

293

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

44

220

83

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

SANDESTIN

95%

96%

Q3 2018

Q3 2019

11%

12%

1%

62%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

29

MIRAMAR BEACH EC

226 NORTH ST FRANCIS DRIVE

30

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

57

Q3 2018

Q3 2019

720,321 Q3 2018

$

304

$

875,800 Q3 2019

$

304

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

56

126

87

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

MIRAMAR BEACH

96%

97%

Q3 2018

Q3 2019

2%

22%

0%

31%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

31

DESTIN EC

4390 STONEBRIDGE ROAD

32

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

139

Q3 2018

Q3 2019

769,795 Q3 2018

$

256

$

602,218 Q3 2019

$

235

Q3 2018

Q3 2019

AVERAGE DAYS ON MARKET

$

108

126

91

Q3 2018

Q3 2019

PERCENTAGE OF LIST PRICE SOLD

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

DESTIN

96%

97%

Q3 2018

Q3 2019

29%

22%

8%

28%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

33

NAVARRE EC

8269 GULF BOULEVARD | 602

34

MARKET REPORT Q3 2019 | 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

NAVARRE

$

144

150

Q3 2018

Q3 2019

299,253 Q3 2018

$

144

$

320,962 Q3 2019

$

147

Q3 2018

Q3 2019

49

42

Q3 2018

Q3 2019

99%

99%

Q3 2018

Q3 2019

4%

7%

2%

14%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

35

BC

BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY

PANAMA CITY BEACH CONDOS BC

9900 SOUTH THOMAS DRIVE #2229

38

MARKET REPORT Q3 2019 | 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

PANAMA CITY BEACH CONDOS

$

424

416

Q3 2018

Q3 2019

272,780 Q3 2018

$

233

$

289,233 Q3 2019

$

248

Q3 2018

Q3 2019

97

86

Q3 2018

Q3 2019

97%

97%

Q3 2018

Q3 2019

2%

6%

6%

11%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

39

PANAMA CITY BEACH BC

14208 FRONT BEACH ROAD

40

MARKET REPORT Q3 2019 | 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

PANAMA CITY BEACH

$

255

297

Q3 2018

Q3 2019

378,293 Q3 2018

$

196

$

397,268 Q3 2019

$

194

Q3 2018

Q3 2019

81

73

Q3 2018

Q3 2019

97%

97%

Q3 2018

Q3 2019

16%

5%

1%

10%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

41

PANAMA CITY BC

211 SHOREVIEW DRIVE

42

MARKET REPORT Q3 2019 | 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

PANAMA CITY

$

431

467

Q3 2018

Q3 2019

209,024 Q3 2018

$

118

$

212,674 Q3 2019

$

117

Q3 2018

Q3 2019

60

41

Q3 2018

Q3 2019

97%

97%

Q3 2018

Q3 2019

8%

2%

1%

32%

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

43

FC

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

APALACHICOLA FC

127 AVENUE B

46

MARKET REPORT Q3 2019 | 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

APALACHICOLA

$

8

12

Q3 2018

Q3 2019

204,125 Q3 2018

$

140

$

256,492 Q3 2019

$

169

50%

44%

21%

Q3 2018

Q3 2019

72

161

Q3 2018

Q3 2019

124%

93%

93%

Q3 2018

Q3 2019

0%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

47

ST. GEORGE ISLAND FC

2136 SEA FERN WAY

48

MARKET REPORT Q3 2019 | 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

ST. GEORGE ISLAND

$

26

19

Q3 2018

Q3 2019

775,807 Q3 2018

$

316

$

1,149,817 Q3 2019

$

454

Q3 2018

Q3 2019

191

165

Q3 2018

Q3 2019

94%

96%

Q3 2018

Q3 2019

27%

48%

44%

14%

2%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

49

CAPE SAN BLAS FC

198 CLUB DRIVE

50

MARKET REPORT Q3 2019 | 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

CAPE SAN BLAS

$

18

25

Q3 2018

Q3 2019

718,055 Q3 2018

$

373

$

682,753 Q3 2019

$

294

Q3 2018

Q3 2019

119

98

Q3 2018

Q3 2019

96%

95%

Q3 2018

Q3 2019

39%

5%

21%

18%

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

51

MEXICO BEACH | ST. JOE BEACH FC

8709 HIGHWAY 98 WEST

52

MARKET REPORT Q3 2019 | 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

MEXICO BEACH | ST. JOE BEACH

$

35

29

Q3 2018

Q3 2019

316,985 Q3 2018

$

220

$

306,515 Q3 2019

$

189

17%

3%

14%

Q3 2018

Q3 2019

60

62

Q3 2018

Q3 2019

3%

97%

96%

Q3 2018

Q3 2019

1%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

53

PORT ST. JOE FC

3050 HIGHWAY 98 WEST

54

MARKET REPORT Q3 2019 | 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

PORT ST. JOE

$

25

22

Q3 2018

Q3 2019

184,796 Q3 2018

$

130

$

181,336 Q3 2019

$

122

Q3 2018

Q3 2019

70

61

Q3 2018

Q3 2019

95%

92%

Q3 2018

Q3 2019

12%

2%

6%

13%

3%

MARKET REPORT Q3 2019 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

55

LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

28 B WaterColor Way, WaterColor, FL 32459 www.BeachPropertiesFLA.com ©2019 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 HomeServices of America, Inc.® Equal Housing Opportunity.