The Reverie Report Year End Market Review | 2021 | Northwest Florida
Featured on the Cover 68 Kingston Road, Rosemary Beach, FL 32461 MLS: 867195 | 6 Bedrooms | 8 Baths | 8,386 Sq. Ft. | Offered at $5.85MM Luxury Property Specialists: 30A Dream Team Exceptional in its beauty, luxury, and serenity, 68 Kingston is a breathtaking property in 30A's most storied community. Artfully designed with Wolf and Subzero appliances, a butler's pantry, two wet bars, a master bedroom breakfast bar, spectacular master closets, a theater room/fitness room, and a spacious third-floor recreation room - one of three gathering spaces across the home's generously appointed three levels. The attention to detail is evident in its exceptional tile selections, custom cabinetry, natural quartz countertops, and Venetian plaster walls throughout the home's first floor. This Stan Benecki-commissioned residence evokes feelings of relaxed elegance that truly epitomizes the 30A lifestyle. 68 West Kingston is an oasis of tranquility that was designed for entertaining. Reclaimed ceiling beams in the living area direct the eye to a beautiful veranda that overlooks arguably one of the largest pools in Rosemary Beach and superb outdoor living spaces that were made for year-round gatherings. Drawing influence from Rosemary Beach's Dutch Caribbean colonial architecture and improving upon it with timeless lines and color, the home is impressive upon approach. Even more impressive, though, is what greets visitors upon entry. A grand oval vestibule connects to a superbly decorated light-filled formal dining room, and opposite it, a sublimely designed study. Continuing through the home's central corridor reveals the main living area that is grand in size yet thoughtful in scale. Alluring space and comfort are what sets this home's master suite apart from others. A pecky cypress ceiling and a gas-burning hearth combine with a spa-style bathroom and oversized walk-in closets to give owners a master retreat styled in serenity and comfort. European white oak is found throughout the second floor, including a 15'x22' sitting area connecting the second floor's three bedrooms. The house's third floor adds two more bedrooms, cavernous finished storage, and expansive recreation areas offering an ideal location for family game nights or a cozy home theatre experience. The property's carriage house offers 770 more square feet of living area, across the main floor and a loft bedroom allowing for guest privacy in a comfortable oversized lockout apartment. 68 Kingston is the perfect blend of sophistication and relaxed coastal elegance. This residence is ideal for those wanting to be in Rosemary Beach while enjoying the privacy this extraordinary estate affords.
Corcoran Reverie Noteworthy Statistics 2021 Year-End Market Review
1,026
Ranked
#1
Closed Transaction Sides January 2021 - December 2021
Based on Closed Office Sales Volume
January 2021 - December 2021
$1.030MM
Ranked Within The Top
4
Average Transaction Price January 2021 - December 2021
Based on Closed Company Sales Volume
January 2021 - December 2021
155+ Full Time Licensed Luxury Property Specialists
Table of Contents
395 Tumblehome Way Watersound, FL 32461 Sold | $2MM
Featured Property | Page 2 Noteworthy Statistics | Page 3 30A Market Review| Page 4 Destin Market Review | Page 17 Panama City Beach Market Review | Page 24
Total 2021 Closed Sales Volume
$1,057,876,646 2021 Year End Market Review | Pg. 3 Statistics based on total closed sales volume and individual office closed sales volume where applicable as reported by Emerald Coast Association of Realtors on 01/07/2022 for the time period beginning on 01/01/2021 and ending on 12/31/2021. Source data is deemed reliable but not guaranteed.
30A 2021 Q4 Market Review 30A Overall
5
30A East
6
30A West
7
30A Gulf-Front
8
Watercolor
9
Seaside
10
WaterSound Beach
12
WaterSound Origins
13
Rosemary Beach
14
Alys Beach
15
30A Condos
16
Dave Warren Real Estate Photography
30A Overall SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
1,858 +8% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
98%
$16.90MM $632
0% YEAR OVER YEAR
+6% YEAR OVER YEAR
+26% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
41
$325K
$1.82MM
-62% YEAR OVER YEAR
+30% YEAR OVER YEAR
+22% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
Average Price per Sq. Ft.
2021 Year End Market Review | Pg. 5
21 S Lake Bridge Lane Watersound, FL 32461 Sold | $4.653MM
30A East SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
1,272 +7% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
98%
$16.90MM $686
0% YEAR OVER YEAR
+6% YEAR OVER YEAR
+24% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
43
$340K
$2.04MM
-59% YEAR OVER YEAR
+21% YEAR OVER YEAR
+21% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
Average Price per Sq. Ft.
2021 Year End Market Review | Pg. 6
30A West SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
584 +8% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
99%
$11.95MM
$514
+2% YEAR OVER YEAR
+4% YEAR OVER YEAR
+31% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
38
$325K
$1.34MM
-67% YEAR OVER YEAR
+30% YEAR OVER YEAR
+29% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 7
Dave Warren Real Estate Photography
30A Gulf-Front SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
58 -21% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
95%
$16.90MM $1,679
+1% YEAR OVER YEAR
+6% YEAR OVER YEAR
+20% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
94
$1.99MM
$5.74MM
-49% YEAR OVER YEAR
+25% YEAR OVER YEAR
+14% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
Average Price per Sq. Ft.
2021 Year End Market Review | Pg. 8
42 Flatwood Street Santa Rosa Beach, FL 32459 Sold | $4.8MM
Watercolor SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
145 +3% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$6.50MM
$824
-5% YEAR OVER YEAR
+44% YEAR OVER YEAR
+28% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
27
$960K
$2.61MM
-72% YEAR OVER YEAR
+3% YEAR OVER YEAR
+23% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 9
Seaside SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
23 0% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$6.20MM
$1,370
+2% YEAR OVER YEAR
-1% YEAR OVER YEAR
+5% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
41
$1.19MM
$2.96MM
-68% YEAR OVER YEAR
+44% YEAR OVER YEAR
+28% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 10
be leather be laced be launched be home.
2021 Year End Market Review | Pg. 11
WaterSound Beach SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
43 -39% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
97%
$6.50MM
$940
+2% YEAR OVER YEAR
-7% YEAR OVER YEAR
+31% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
36
$1.63MM
$3.53MM
-78% YEAR OVER YEAR
+78% YEAR OVER YEAR
+30% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 12
100 Poseidon Place Inlet Beach, FL 32461 Sold | $999,995
WaterSound Origins SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
207 +26% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
100%
$2.80MM
$352
+1% YEAR OVER YEAR
+87% YEAR OVER YEAR
+22% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
20
$402K
$878K
-72% YEAR OVER YEAR
+10% YEAR OVER YEAR
+27% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 13
14 S Briland Lane Rosemary Beach, FL 32461 Sold | $5.6MM
Rosemary Beach SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
49 +9% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
96%
$8.50MM
$1,129
+2% YEAR OVER YEAR
+73% YEAR OVER YEAR
+43% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
153
$525K
$3.71MM
-16% YEAR OVER YEAR
-8% YEAR OVER YEAR
+54% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 14
Alys Beach SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
48 -19% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
100%
$16.90MM $1,366
+2% YEAR OVER YEAR
+69% YEAR OVER YEAR
+18% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
35
$2.82MM
$4.94MM
-49% YEAR OVER YEAR
+39% YEAR OVER YEAR
+21`% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
Average Price per Sq. Ft.
2021 Year End Market Review | Pg. 15
Dave Warren Real Estate Photography
30A CONDOMINIUM SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
579 +22% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
99%
$8.20MM
$695
+2% YEAR OVER YEAR
+73% YEAR OVER YEAR
+31% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
47
$200K
$986K
-59% YEAR OVER YEAR
+18% YEAR OVER YEAR
+35% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 16
Destin 2021 Q4 Market Review Destin
18
Kelly Plantation
19
Sandestin
20
Regatta Bay
22
Destin Condos
23
Destin SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
620 +8% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$6.02MM
$364
+2% YEAR OVER YEAR
-32% YEAR OVER YEAR
+31% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
56
$175K
$1.09MM
-43% YEAR OVER YEAR
+3% YEAR OVER YEAR
+32% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 18
309 Sand Myrtle Trail Destin, FL 32541 Sold | $1,148,500
Kelly Plantation SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
46 +7% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
97%
$4.40MM
$350
+1% YEAR OVER YEAR
+9% YEAR OVER YEAR
+27% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
47
$710K
$1.50MM
-66% YEAR OVER YEAR
+15% YEAR OVER YEAR
+39% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 19
3116 Merion Drive Miramar Beach, FL 32550 Sold | $1.85MM
Sandestin SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
238 +6% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$8.00MM
$411
+2% YEAR OVER YEAR
+146% YEAR OVER YEAR
+24% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
32
$315K
$1.18MM
-60% YEAR OVER YEAR
+50% YEAR OVER YEAR
+26% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 20
be helpful be playful be wicked be home.
2021 Year End Market Review | Pg. 21
460 Captains Circle Destin, FL 32541 Sold | $2.85MM
Regatta Bay SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
40 +3% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
97%
$4.99MM
$393
0% YEAR OVER YEAR
+220% YEAR OVER YEAR
+38% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
79
$730K
$1.57MM
-54% YEAR OVER YEAR
+55% YEAR OVER YEAR
+64% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 22
Destin CONDOMINIUM SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
871 +15% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$2.80MM
$415
+1% YEAR OVER YEAR
+6% YEAR OVER YEAR
+30% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
66
$117K
$560K
-43% YEAR OVER YEAR
+96% YEAR OVER YEAR
+25% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Emerald Coast Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 23
Panama City Beach 2021 Q4 Market Review Panama City Beach
25
Panama City Beach Gulf-Front
26
Panama City Beach Condos
27
Panama City Beach SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
1,287 +13% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$8.39MM
$261
+1% YEAR OVER YEAR
+18% YEAR OVER YEAR
+20% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
44
$136K
$542K
-35% YEAR OVER YEAR
+25% YEAR OVER YEAR
+23% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Central Panhandle Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 25
8319 Surf Drive C Panama City Beach, FL 32408 Sold | $2.78MM
Panama City Beach Gulf-Front SINGLE-FAMILY RESIDENCE SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
28 -7% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
97%
$8.50MM
$794
+5% YEAR OVER YEAR
+20% YEAR OVER YEAR
+21% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
156
$1.40MM
$3.08MM
+30% YEAR OVER YEAR
+180% YEAR OVER YEAR
+38% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Central Panhandle Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 26
5004 Thomas Drive #1012 Panama City Beach, FL 32408 Sold | $865K
Panama City Beach CONDOMINIUM SALES JANUARY 2021 - DECEMBER 2021
Number of Sales
2,538 +42% YEAR OVER YEAR
Percentage of List Sold
Highest Price Sale
Average Price per Sq. Ft.
98%
$1.41MM
$337
+1% YEAR OVER YEAR
+8% YEAR OVER YEAR
+27% YEAR OVER YEAR
Average Days on Market
Lowest Price Sale
Average Sales Price
71
$90K
$376K
-18% YEAR OVER YEAR
+29% YEAR OVER YEAR
+23% YEAR OVER YEAR
All 2021 data is provided by FLEX/MLS as provided by Central Panhandle Association of Realtors and is deemed reliable as of January 4, 2022 but is not guaranteed and should be independently verified.
2021 Year End Market Review | Pg. 27
