2022 | Forgotten Coast Q1 Market Report | Berkshire Hathaway HomeServices Beach Properties of FL

Q1 2022

market report

2022 ACCOLADES

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1

B R O K E R AG E O N 3 0 A *Tra n s a ct i o ns | Q1 2022

TOP 5

B R O K E R AG E I N PA N A M A C I T Y B E AC H * Vo l u m e & Transactions | Q1 2022

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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 * Vo l u m e & Transactions | Q1 2022

TOP 2

B R O K E R AG E O N T H E F O R G OT T E N C OA S T * Vo l u m e & Transactions | Q1 2022

TOP 25

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 201 6 & 2 017, 2 018, 2 019, 2 02 0, 2 02 1 *G ro s s Co mm i s s io n In co m e

$2,131,251,941 2 0 2 1 C O M PA N Y S A L E S V O LU M E 2

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

TABLE OF CONTENTS

forgotten coast A PA L AC H I C O L A 6 S T. G E O R G E I S L A N D 8 CAPE SAN BLAS 10 M E X I C O B E AC H / S T. J O E B E AC H 1 2 P O R T S T. J O E 1 4

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

3

office locations 1 Ft. Walton Beach

Choctawhatchee Bay 331

98

2

34

Destin Sandestin 5 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach

Northwest Florida Beaches Internationa Airport

79

Panama City Beach

1. DESTIN

6. 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. 30A WEST

7. PORT ST. JOE

1598 S. Co. Hwy 393, Suite 101 Santa Rosa Beach, FL 32459

200 A Reid Ave Port St. Joe, FL 32459 850.227.3300

3. WATERCOLOR MAIN 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006

4. WATERCOLOR CROSSINGS 49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450

5. WATERSOUND BEACH

8. WINDMARK BEACH 101 Goodmorning Street Port St. Joe, FL 32459 850.296.3716

9. ST. GEORGE ISLAND 140 West 1st Street, Ste B St. George Island, FL 32328 850.927.6000

6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32459 850.213.5150

4

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

6

West Bay

al

20

20

231

Tallahassee

Lynn Haven Panama City Tyndall AFB

Mexico Beach

98

71

Apalachicola National Forest

7

Windmark Beach

8 Port St. Joe

Carrabelle

Apalachicola

Eastpoint

9 Cape San Blas

Apalachicola Bay

St. George Island

5

APALACHICOLA

1 SCIPIO CREEK 44

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

APALACHICOLA SINGLE FAMILY HOMES

13%

$167

121

89%

$3,178,000

$353,111

$201

79

96%

53%

36%

Q1 2021

Q1 2022

20%

20%

89% Q1 2021

96% Q1 2022

7%

35%

AVERAGE DAYS ON MARKET

Q1 2022

$259,594

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$2,076,750

201

13%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

167

9

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

8

9

Q1 2021

8

NUMBER OF SALES

NUMBER OF SALES

YEAR

7%

121 Q1 2021

79 Q1 2022

35%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7

ST. GEORGE ISLAND

2124 SEA FERN WAY 46

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

ST. GEORGE ISLAND SINGLE FAMILY HOMES

11%

$432

96

96%

$44,721,750

$1,146,712

$532

84

96%

35%

25%

Q1 2021

Q1 2022

23%

23%

96% Q1 2021

96% Q1 2022

1%

13%

AVERAGE DAYS ON MARKET

Q1 2022

$917,140

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$33,099,900

532

11%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

432

39

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

35

39

Q1 2021

35

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

96 Q1 2021

84 Q1 2022

13%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9

CAPE SAN BLAS

263 WHITE SANDS DRIVE 48

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

CAPE SAN BLAS SINGLE FAMILY HOMES

18%

$376

74

97%

$38,240,625

$1,158,807

$534

46

98%

26%

53%

Q1 2021

Q1 2022

42%

42%

97% Q1 2021

98% Q1 2022

1%

38%

AVERAGE DAYS ON MARKET

Q1 2022

$760,733

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$30,430,900

534

18%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

376

33

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

40

33

Q1 2021

40

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

74 Q1 2021

46 Q1 2022

38%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11

MEXICO BEACH | ST. JOE BEACH

9305 HIGHWAY 98 50

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES

8%

$238

49

97%

$25,445,698

$620,627

$301

96

96%

54%

43%

Q1 2021

Q1 2022

26%

26%

97% Q1 2021

96% Q1 2022

1%

96%

AVERAGE DAYS ON MARKET

Q1 2022

$435,498

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$16,548,932

301

8%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

238

41

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

38

41

Q1 2021

38

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

49 Q1 2021

96 Q1 2022

96%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13

PORT ST. JOE

52

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

PORT ST. JOE SINGLE FAMILY HOMES

0%

$169

57

97%

$5,887,600

$309,874

$222

30

98%

33%

33%

Q1 2021

Q1 2022

31%

31%

97% Q1 2021

98% Q1 2022

1%

47%

AVERAGE DAYS ON MARKET

Q1 2022

$232,293

PERCENTAGE OF LIST PRICE SOLD

Q1 2021

$4,413,570

222

0%

% OF LIST PRICE SOLD

$

PERCENT CHANGE

AVERAGE DAYS ON MARKET

169

19

AVERAGE PRICE SF

$

Q1 2022

AVERAGE SOLD PRICE

SOLD VOLUME

AVERAGE SOLD PRICE PER SQUARE FOOT

19

19

Q1 2021

19

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

57 Q1 2021

30 Q1 2022

47%

Q1 2022 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

15

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