The Corcoran Report, Quarter One 2021 | Northwest Florida

Page 1

The Corcoran Report 2021 QUARTER 1



Featured On The Cover:

285 Woodbeach Drive 5 Bedrooms | 4.5 Bathrooms | 4,129 Square Feet MLS: 868381 | Offered at: $3,694,000

Nestled in the heart of Old Seagrove just one block from the turquoise hued waters and white sugar sand beaches resides the acclaimed ‘Modern Beach Barn.’ Featured in VIE Magazine, the design incorporates a distinctive rustic flair while fully promoting the highly sought after 30A coastal lifestyle. A true architectural masterpiece brought to life through a unique collaboration with Gregory D. Jazayeri, renowned builder Jim Accola of Coastal Elements, and the skilled design team at Q Tile + Design Studio led by principal Suzy Accola. The functional floor plan encompasses nearly 4,200 square feet of thoughtfully configured living space. Upon entering the front door flanked by 20’ barn doors, you are greeted by soaring vaulted ceilings framed with reclaimed wood sourced from an Ohio barn. The array of clear Neo-Moroccan shaped Murano glass lights hung over the living area at varying lengths creates an especial ambiance while simultaneously exemplifying the eclectic mix of creative expression found throughout the residence. Flowing seamlessly with the living and dining areas, the kitchen features custom floor to ceiling Grimes cabinetry, a rolling ladder, marble tops, and a luxury appliance suite showcasing double Sub-Zero refrigeration and a white BlueStar range with coordinating hood. The outdoor area is synonymous with relaxation offering multiple sitting areas, fire table, grilling station, and expansive pool with cascading hot tub. The lush flatwoods preservation area bordering the rear portion of the homesite provides everlasting solitude and seclusion. The first-floor main suite boasts 12’ beamed ceilings, direct porch access, ample closet space, and an ensuite adorned with custom mosaic glass

A Rustic Coastal Retreat tile. A laundry area and study complete the first floor. The reclaimed wood stairs lead to the second level loft area with access to three additional bedrooms. Situated above the garage, the self-sufficient carriage house has a full kitchen, ensuite, sleeping area, and bunk loft. The bright green lacquered cabinets in the carriage home put a fun twist on the modern space. Contact a Corcoran Reverie Luxury Property Specialist today at (850) 231-5030 to arrange a private viewing.

2 021 Q1 R EP O R T | 3


BROKERAGE STATS $185M Over

Closed Sales Volume In Quarter 1

Over

192

Transaction Sides In Quarter 1

$995k Average Transaction Price Quarter 1

Top 3 Brokerage Based On Quarter 1 Gulf-Front Residence Sales Volume

Top 4 Brokerage on 30A* *2021 Quarter 1 Volume

Over

100

Licensed Luxury Property Specialists

4 | 2 021 Q1 R EP O R T


30A 30A Overall

6

30A East

7

30A West

8

30A Gulf-Front

9

Seaside

10

Watercolor

11

WaterSound Beach

12

WaterSound Origins

13

Alys Beach

14

Rosemary Beach

15

30A Condos

16


101 A Street | MLS: 867989

Number of Sales

30A Overall

445

SINGLE FAMILY RESIDENCE SALES

+76% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+ 41% V S . Q1 2 0 2 0

+2 % V S . Q1 2 0 2 0

+173 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

63

Lowest Priced Sale

$325k

+2 6% V S . Q1 2 0 2 0

- 49 % V S . Q1 2 0 2 0

+3 0 % V S . Q1 2 0 2 0

$1.83M 98%

$600 6 | 3 0A | 2 021 Q1 R EP O R T

$16.9M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


309 Seacrest Drive | MLS: 867963

Number of Sales

30A East

319

SINGLE FAMILY RESIDENCE SALES

+9 3 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+3 4% V S . Q1 2 0 2 0

+2 % V S . Q1 2 0 2 0

+173 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

63

Lowest Priced Sale

$340k

+2 3 % V S . Q1 2 0 2 0

- 4 6% V S . Q1 2 0 2 0

+21% V S . Q1 2 0 2 0

$1.99M 98%

$643

All 2020 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$16.9M

2 021 Q1 R EP O R T | 3 0A | 7


80 Hotz Avenue | MLS: 867026

Number of Sales

30A West

126

SINGLE FAMILY RESIDENCE SALES

+ 4 3 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+5 4% V S . Q1 2 0 2 0

3 % V S . Q1 2 0 2 0

+15 4% V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

61

Lowest Priced Sale

$325k

+2 7 % V S . Q1 2 0 2 0

- 5 5% V S . Q1 2 0 2 0

+3 0 % V S . Q1 2 0 2 0

$1.44M 99%

$490 8 | 3 0A | 2 021 Q1 R EP O R T

$9.40M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Number of Sales

30A Gulf-Front

26

SINGLE FAMILY RESIDENCE SALES

+13 6% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+9 9 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+173 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

$1,640 129

Lowest Priced Sale

$1.99M

+19 % V S . Q1 2 0 2 0

- 4 5% V S . Q1 2 0 2 0

+14% V S . Q1 2 0 2 0

$5.89M 95%

All 2020 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$16.9M

2 021 Q1 R EP O R T | 3 0A | 9


Number of Sales

Seaside

7

SINGLE FAMILY RESIDENCE SALES

+2 5 0 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+2 2 % V S . Q1 2 0 2 0

+3 % V S . Q1 2 0 2 0

+ 4 8 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

57

Lowest Priced Sale

$1.49M

+2 2 % V S . Q1 2 0 2 0

- 8 9 % V S . Q1 2 0 2 0

-14% V S . Q1 2 0 2 0

$3.61M 98%

$1,991 10 | 3 0A | 2 021 Q1 R EP O R T

$6.20M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Number of Sales

Watercolor

44

SINGLE FAMILY RESIDENCE SALES

+14 4% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+9 % V S . Q1 2 0 2 0

+3 % V S . Q1 2 0 2 0

+3 9 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

35

Lowest Priced Sale

$960k

+14% V S . Q1 2 0 2 0

- 6 8 % V S . Q1 2 0 2 0

- 3 % V S . Q1 2 0 2 0

$2.17M 99%

$699

All 2020 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$6.25M

2 021 Q1 R EP O R T | 3 0A | 11


69 W Yacht Pond Lane | MLS: 866299

Number of Sales

WaterSound Beach

16

SINGLE FAMILY RESIDENCE SALES

+ 4 5% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+2 7 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+ 4 8 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

60

Lowest Priced Sale

$1.78M

+2 2 % V S . Q1 2 0 2 0

-74% V S . Q1 2 0 2 0

+9 5% V S . Q1 2 0 2 0

$3.23M 96%

$851 12 | 3 0A | 2 021 Q1 R EP O R T

$6.50M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


124 Sawbuck Drive | MLS: 865641

Number of Sales

WaterSound Origins

40

SINGLE FAMILY RESIDENCE SALES

+9 0 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+3 8 % V S . Q1 2 0 2 0

+ 0 % V S . Q1 2 0 2 0

+52 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

32

Lowest Priced Sale

$401k

+21% V S . Q1 2 0 2 0

- 2 7 % V S . Q1 2 0 2 0

-1% V S . Q1 2 0 2 0

$784k

$321

99%

All 2020 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$1.60M

2 021 Q1 R EP O R T | 3 0A | 13


68 Kingston Road | MLS: 867195

Number of Sales

Rosemary Beach

24

SINGLE FAMILY RESIDENCE SALES

+14 0 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+ 81% V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+19 8 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

$1,066 260

Lowest Priced Sale

$1.39M

+ 4 8 % V S . Q1 2 0 2 0

+3 8 % V S . Q1 2 0 2 0

-10 % V S . Q1 2 0 2 0

$3.70M 95%

14 | 3 0A | 2 021 Q1 R EP O R T

$8.50M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Number of Sales

Alys Beach

11

SINGLE FAMILY RESIDENCE SALES

+2 2 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+5 0 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+173 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

36

Lowest Priced Sale

$2.97M

+3 0 % V S . Q1 2 0 2 0

- 49 % V S . Q1 2 0 2 0

+5 8 % V S . Q1 2 0 2 0

$5.54M 99%

$1,391

All 2020 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$16.9M

2 021 Q1 R EP O R T | 3 0A | 15


Crossings B104 | MLS: 867805

Number of Sales

30A

150

CONDOMINIUM SALES

+10 5% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+3 5% V S . Q1 2 0 2 0

+3 % V S . Q1 2 0 2 0

+13 5% V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

81

Lowest Priced Sale

$225k

+18 % V S . Q1 2 0 2 0

- 2 3 % V S . Q1 2 0 2 0

+2 5% V S . Q1 2 0 2 0

$839k

$595 16 | 3 0A | 2 021 Q1 R EP O R T

99%

$5.87M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Destin Destin

18

Sandestin

19

Destin Condos

20


Number of Sales

Destin

169

SINGLE FAMILY RESIDENCE SALES

+59 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+ 4 8 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+2 5% V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

78

Lowest Priced Sale

$85k

+21% V S . Q1 2 0 2 0

- 2 3 % V S . Q1 2 0 2 0

- 6 0 % V S . Q1 2 0 2 0

$964k

$318

18 | DE S TIN | 2 021 Q1 R EP O R T

97%

$4.99M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Number of Sales

Sandestin

58

SINGLE FAMILY RESIDENCE SALES

+115% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+70 % V S . Q1 2 0 2 0

+2 % V S . Q1 2 0 2 0

+3 71% V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

47

Lowest Priced Sale

$315k

+3 2 % V S . Q1 2 0 2 0

-70 % V S . Q1 2 0 2 0

+5 0 % V S . Q1 2 0 2 0

$1.17M 98%

$380

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

$8.00M

2 021 Q1 R EP O R T | DE S TIN | 19


Number of Sales

Destin

58

CONDOMINIUM SALES

+115% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+70 % V S . Q1 2 0 2 0

+2 % V S . Q1 2 0 2 0

+3 71% V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

47

Lowest Priced Sale

$315k

+3 2 % V S . Q1 2 0 2 0

-70 % V S . Q1 2 0 2 0

+5 0 % V S . Q1 2 0 2 0

$1.17M 98%

$380 2 0 | DE S TIN | 2 021 Q1 R EP O R T

$8.00M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Panama City Beach Panama City Beach

22

Panama City Beach Gulf-Front 23 Panama City Beach Condos

24


3807 Delwood Drive| MLS: 857788

Number of Sales

Panama City Beach

297

SINGLE FAMILY RESIDENCE SALES

+24% V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+2 0 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+107 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

76

Lowest Priced Sale

$155k

+15% V S . Q1 2 0 2 0

+3 % V S . Q1 2 0 2 0

+ 4 2 % V S . Q1 2 0 2 0

$461k

$233

2 2 | PA N A M A CIT Y B E ACH | 2 021 Q1 R EP O R T

98%

$4.90M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


8311 Surf Drive | MLS: 857167

Panama City Beach

Number of Sales

GULF-FRONT SINGLE FAMILY RESIDENCE SALES

6

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+10 9 % V S . Q1 2 0 2 0

+10 % V S . Q1 2 0 2 0

+107 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

283

Lowest Priced Sale

$1.80M

+3 6% V S . Q1 2 0 2 0

+5 0 % V S . Q1 2 0 2 0

+10 2 % V S . Q1 2 0 2 0

$2.90M 96%

$742

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.

+2 0 % V S . Q1 2 0 2 0

$4.90M

2 021 Q1 R EP O R T | PA N A M A CIT Y B E ACH | 23


Panama City Beach CONDOMINIUM SALES

Number of Sales

588

+5 3 % V S . Q1 2 0 2 0

Average Sales Price

Percentage of List Sold

Highest Priced Sale

+13 % V S . Q1 2 0 2 0

+1% V S . Q1 2 0 2 0

+2 9 % V S . Q1 2 0 2 0

Average Price Per SF

Average Days on Market

58

Lowest Priced Sale

$90k

+13 % V S . Q1 2 0 2 0

- 3 7 % V S . Q1 2 0 2 0

- 5% V S . Q1 2 0 2 0

$327k

$289

24 | PA N A M A CIT Y B E ACH | 2 021 Q1 R EP O R T

98%

$1.05M

All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of April 1, 2021 but is not guaranteed and should be independently verified.


Turn the dream of coastal living into a reality. CONTACT A LICENSED LUXURY PROPERTY SPECIALIST TODAY.

Co rco ra nR everie.co m ( 850) 231-5030 4 0 4 2 E Co unty H ighw a y 30A S a n ta R o sa Bea ch, FL 32459

Hilary Farnum-Fasth, Licensed Real Estate Broker & Owner License # BK662303. Each office is independently owned and operated.


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