Forgotten Coast | Q2 2024 Market Report| Berkshire Hathaway HomeServices Beach Properties of Florida

Q2 2024

Market Report

FORGOTTEN COAST

Q2 2024 ACCOLADES

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B R O K E R AG E O N 3 0 A * Tr a nsa c tions & Vo lu m e

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B R O K E R AG E I N S O U T H WA LTO N * Tr a nsa c tions & Vo lu m e

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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 * Tr a nsa c tions

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B R O K E R AG E I N PA N A M A C I T Y B E AC H * Vol u me

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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 * 2023 G r oss C om m i s s i o n In c o 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 N E T W O R K * Annu a l l y Sinc e 2 0 1 6

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Q2 2024 MARKET REPORT | 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

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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OFFICE LOCATIONS

1 Ft. Walton Beach

Choctawhatchee Bay 331

98

2

4 Destin Sandestin 3 Blue Mountain Beach WaterColor Seaside Seagrove WaterSound Beach Rosemary Beach

Northwest Florida Beaches Internationa Airport

79

5

Panama City Beach

Gulf of Mexico

1. destin

5. 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

6 windmark beach

28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006

101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716

3. watersound beach

7. st. george island

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

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

4. watersound community discovery center 34 Origins Main Street, Suite 101 Watersound, FL 32461 850.213.5170

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Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

West Bay

al

20

20

231

Tallahassee

Lynn Haven Panama City Tyndall AFB

Mexico Beach

98

71

Apalachicola National Forest

6

WindMark Beach

Port St. Joe

Carrabelle

Apalachicola

Eastpoint

7 Cape San Blas

Apalachicola Bay

St. George Island

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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APALACHICOLA

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Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

APALACHICOLA SINGLE FAMILY HOMES

$353,167

$239

94

95%

Q2 2024

10

$5,160,000

$516,000

$273

107

96%

PERCENT CHANGE

17%

22%

46%

14%

14%

1%

Q2 2023 Q2 2024

17%

95% Q2 2023

96% Q2 2024

AVERAGE DAYS ON MARKET

$4,238,000

PERCENTAGE OF LIST PRICE SOLD

12

273

Q2 2023

$

% OF LIST PRICE SOLD

239

AVERAGE DAYS ON MARKET

$

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

10

SOLD VOLUME

12

NUMBER OF SALES

NUMBER OF SALES

YEAR

94 Q2 2023

107 Q2 2024

Q2 2023 Q2 2024

14%

1%

14%

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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ST. GEORGE ISLAND

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Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

ST. GEORGE ISLAND SINGLE FAMILY HOMES

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

Q2 2023

23

$37,432,600

$1,627,504

$642

104

95%

Q2 2024

15

$21,742,000

$1,449,467

$641

108

96%

PERCENT CHANGE

35%

11%

0%

Q2 2023 Q2 2024

35%

641 $

95% Q2 2023

96% Q2 2024

4%

AVERAGE DAYS ON MARKET

642 $

AVERAGE SOLD PRICE PER SQUARE FOOT

42%

PERCENTAGE OF LIST PRICE SOLD

AVERAGE SOLD PRICE

15

SOLD VOLUME

23

NUMBER OF SALES

NUMBER OF SALES

YEAR

1%

104 Q2 2023

108 Q2 2024

Q2 2023 Q2 2024

0%

1%

4%

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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CAPE SAN BLAS

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Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

CAPE SAN BLAS SINGLE FAMILY HOMES

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

Q2 2023

34

$36,385,100

$1,070,150

$464

50

96%

Q2 2024

18

$18,816,900

$1,045,383

$519

61

93%

PERCENT CHANGE

47%

48%

12%

22%

3%

519 $

Q2 2023 Q2 2024

Q2 2023 Q2 2024

47%

12%

PERCENTAGE OF LIST PRICE SOLD

464 $

2%

96% Q2 2023

93% Q2 2024

3%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

18

SOLD VOLUME

34

NUMBER OF SALES

NUMBER OF SALES

YEAR

50 Q2 2023

61 Q2 2024

22%

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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MEXICO BEACH | ST. JOE BEACH

231 NANNOOK ROAD 12

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

MEXICO BEACH | ST. JOE BEACH SINGLE FAMILY HOMES

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

Q2 2023

70

$42,920,235

$613,146

$315

118

98%

Q2 2024

44

$27,384,540

$622,376

$345

80

96%

PERCENT CHANGE

37%

32%

2%

345 $

Q2 2023 Q2 2024

Q2 2023 Q2 2024

37%

10%

10%

PERCENTAGE OF LIST PRICE SOLD

315

2%

$

AVERAGE SOLD PRICE PER SQUARE FOOT

36%

98% Q2 2023

96% Q2 2024

2%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

44

SOLD VOLUME

70

NUMBER OF SALES

NUMBER OF SALES

YEAR

118 Q2 2023

80 Q2 2024

32%

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

13

PORT ST. JOE

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Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

PORT ST. JOE SINGLE FAMILY HOMES

$369,185

$243

79

95%

Q2 2024

27

$10,225,080

$378,707

$242

63

97%

PERCENT CHANGE

23%

26%

3%

0%

20%

2%

Q2 2023 Q2 2024

23%

95% Q2 2023

97% Q2 2024

AVERAGE DAYS ON MARKET

$8,122,060

PERCENTAGE OF LIST PRICE SOLD

22

242

Q2 2023

$

% OF LIST PRICE SOLD

243

AVERAGE DAYS ON MARKET

$

AVERAGE SOLD PRICE PER SQ. FT.

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

27

SOLD VOLUME

22

NUMBER OF SALES

NUMBER OF SALES

YEAR

79 Q2 2023

63 Q2 2024

Q2 2023 Q2 2024

0%

2%

20%

Q2 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Get to know us at BHHSBeachProperties.com EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Market data for Q2 2024 as of 6/8/24. Infromation reported is deemed reliable but is not guaranteeed. ©2024 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.