The Reverie Review
Second Quarter 2025 Reverie Review Market Report
PRESENTED BY
DISCLAIMER: SOURCE: TRENDGRAPHIX BASED ON DATA SUPPLIED BY THE EMERALD COAST ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE AND CENTRAL PANHANDLE ASSOCIATION OF REALTORS MULTIPLE LISTING SERVICE. THE INFORMATION, DATA, AND FIGURES CONTAINED HEREIN ARE PROVIDED FOR GENERAL INFORMATIONAL PURPOSES ONLY WHILE EVERY EFFORT HAS BEEN MADE TO ENSURE THE ACCURACY, COMPLETENESS, AND RELIABILITY OF THE INFORMATION, CORCORAN REVERIE MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE ACCURACY, ADEQUACY, VALIDITY, RELIABILITY, AVAILABILITY, OR COMPLETENESS OF ANY INFORMATION PROVIDED
Scenic Highway 30A
A place unlike anywhere else.
Scenic Highway 30A continues to captivate investors with its unparalleled beauty and exclusive charm. This 28.5-mile stretch along Florida’s Emerald Coast is renowned for its pristine white-sand beaches, crystal-clear turquoise waters, and rare coastal dune lakes. Envision waking up to the serene sounds of the Gulf, spending your days paddleboarding, kayaking, or biking through picturesque trails, and enjoying the quaint, upscale ambiance of communities like Rosemary Beach, Seaside, and Alys Beach The area offers a unique blend of luxury living and small-town charm, making it a highly desirable destination for those seeking the finest in coastal living. The robust rental market, characterized by high occupancy rates and premium rental prices, continues to provide attractive income opportunities for investors. Northwest Florida’s economic stability, bolstered by a thriving tourism sector and a favorable tax environment with no state income tax, enhances 30A’s appeal The area ’ s continuous development, including new luxury projects and infrastructure improvements, promises to further elevate property values and investment potential Scenic Highway 30A offers an exceptional blend of natural beauty, vibrant community life, and strong financial returns, solidifying its status as a premier location for both luxury living and investment.
30A East
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE CONTRACTS SIGNED
$1,950,000
$3,301,000
$2,770,000 Q2 25
$1,925,000 $3,307,000
30A West
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
GULF FRONT SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
$3,225,000 $3,922,000
CONDOMINIUM SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
$525,000 $991,000
$1,413,000 $1,770,000
Alys Beach
SINGLE
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Rosemary Beach
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
$3,813,000
$4,466,000
$3,575,000
$3,886,000
WaterSound Beach
SINGLE
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
WaterSound Origins
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Destin, FL
The worlds luckiest fishing village.
Nestled along the stunning Emerald Coast, Destin, Florida, offers a unique blend of natural beauty, upscale living, and robust financial returns, making it a premier destination for luxury real estate investment Renowned for its pristine white-sand beaches and crystal-clear emerald waters, Destin provides a picturesque backdrop that attracts visitors and investors alike The area ’ s scenic beauty, coupled with year-round sunshine, makes it an idyllic location for both vacationers and permanent residents seeking an upscale coastal lifestyle Destin is a vibrant and close-knit community, offering an array of exclusive amenities and activities From world-class golf courses and deep-sea fishing to luxury shopping at Destin Commons and fine dining at award-winning restaurants, the lifestyle in Destin is nothing short of extraordinary Destin boasts a lively harbor district with bustling nightlife, marinas, and a variety of entertainment options. This dynamic atmosphere, along with a rich calendar of events, ensures there’ s always something to look forward to, enhancing the appeal and value of investing in this energetic coastal haven
Destin
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Destin
CONDOMINIUM SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Kelly Plantation
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Regatta Bay
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
$2,875,000
$2,875,000
$2,388,000 Q2 25
$2,676,000
$2,676,000
$1,995,000 Q2 24 $1,550,000
Miramar Beach
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
SanDestin
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Walton County
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Okaloosa County
BAY FRONT SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Panama City Beach, FL
Where the sand meets the surf, you’ll find it all.
This coastal paradise is renowned for its 27 miles of pristine white-sand beaches, crystalclear emerald waters, and stunning sunsets. Outdoor enthusiasts will appreciate the opportunities for water sports, fishing, and eco-tours through nearby state parks and conservation areas The community is warm and welcoming, with a rich tapestry of events and activities year-round, including music festivals, art shows, farmers’ markets, and cultural celebrations Panama City Beach offers an array of attractions and renowned dining experiences Pier Park is a premier shopping, dining, and entertainment complex, featuring over 120 stores, a variety of restaurants, an IMAX theater, and an amusement park. Nature lovers can explore St. Andrews State Park, known for its excellent snorkeling and scuba diving spots, and Shell Island, a secluded retreat accessible only by boat Dining highlights include Firefly, an award-winning fine dining restaurant, Pineapple Willy’s, famous for its beachfront dining and seafood, and Runaway Island, popular for its fresh seafood with a Caribbean twist Additionally, new attractions such as Top Golf & Dolly Parton’s Pirate Venue are set to further increase visitor traffic upon their completions in 2025 Investing in Panama City Beach real estate promises robust financial returns, driven by the area ’ s popularity as a vacation destination and steadily growing property values.
Panama City Beach
SINGLE FAMILY RESIDENCE
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE CONTRACTS SIGNED
Panama City Beach
CONDOMINIUM SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Panama City Beach
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Wild Heron
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
PHOTO BY: DAVE WARREN PHOTOGRAPHY
Panama City, FL
Coastal charm, endless opportunity.
Known for its picturesque waterfront views and thriving marina culture, Panama City offers an inviting atmosphere for both residents and visitors The city is a gateway to stunning natural landscapes, including the pristine beaches of the Gulf of Mexico and the serene beauty of St Andrews Bay Outdoor enthusiasts can indulge in boating, fishing, and various water sports, while enjoying the warm, sunny climate year-round. Historic Downtown Panama City is a hub of activity, featuring charming boutiques, art galleries, and a variety of dining options Key attractions include the Panama City Marina, which hosts numerous boating events and the Marina Civic Center, a venue for concerts and performances Notable dining experiences include The Grand Marlin, renowned for its fresh seafood and waterfront dining, and Hunt’s Oyster Bar, a local favorite for casual, yet delectable, seafood dishes. With its appealing lifestyle, beautiful surroundings, and steady growth in property values, investing in Panama City real estate promises attractive financial returns and a high quality of life
Panama City
SINGLE
FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
Lynn Haven
SINGLE FAMILY RESIDENCE SALES
ACTIVE INVENTORY
NEW LISTINGS
CLOSED SALES
CONTRACTS SIGNED
MEDIAN SALE PRICE
AVERAGE SALE PRICE
AVERAGE ACTIVE PRICE
DAYS ON MARKET
% LIST RECEIVED
ABSORPTION RATE
PHOTO BY: DAVE WARREN PHOTOGRAPHY
South Walton Tourism Report Highlights 2024
What visitors are looking for
Results from Visitor Satisfaction Surveys:
They want security, and a safe environment for their kids to run free. They want beautiful beaches and clear water They want nightlife that includes ice cream with their young ones They want a friendly environment with similar types of people. They want an energetic atmosphere with lots of activities in nature, on & off the beach
Visiting Walton County allows access to all of these desires, making it a hot spot for tourism, and rental income generation.
2024 VISITORS
3.39M SPRING & SUMMER STATISTICS -9% YTD
Bay County Tourism Report Highlights 2024
What visitors are looking for
Results from Visitor Satisfaction Surveys: They want good food, and unique dining experiences They want beautiful beaches and clear water They want nightlife that includes ice cream with their young ones They want water activities and adrenaline rush adventures They want an energetic atmosphere with lots of unique shopping, festivals, and evening entertainment in a romantic setting
Visiting Panama City Beach allows access to all of these top desires, making it a hot spot for tourism, and rental income generation
2024 VISITORS
1.83M
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