Hilary & Reverie: July 2019

NO.4

HILARY &

JULY 2019

REVERIE 3 0 A ' S

L U X U R Y

B R O K E R A G E

30A AREA SUMMER EVENTS

REAL ESTATE MARKET REPORT

BEHIND THE SCENES AT H&R

Summer must do's along the Emerald Coast

Review of Q1 & Q2Â along Scenic Hwy 30A

Meet the Dream Team

03

Meet the 30A Dream Team

06

Visiting South Walton

07

Grayton Beach Market Update

09

Watercolor Update

10

Seaside Market Update

12

Seagrove Beach Market Update

14

30A Events & Happenings

16

WaterSound Beach Market Update

19

Alys Beach Market Update

20

Seacrest Beach Market Update

22

Rosemary Beach Market Update

25Â

Inlet Beach Market Update

HILARY & REVERIE, JULY 2019

30A'S REAL ESTATE

DREAM TEAM

rev·er·ie / ˈrev(ə)rē . / noun a state of being pleasantly lost in one’s thoughts; a daydream.

With little more than 10 months under its belt, Hilary Farnum-Fasth, the Broker/Owner of Hilary & Reverie, 30A’s Luxury Brokerage, along with her VP of Agent Development, Michele Bailey have blazed a trail towards a banner first year in luxury real estate sales, national speaking engagements and prestigious awards. As seasoned businesswomen, they have both worked tirelessly to make this daydream into a reality.

Kicking off the year, Michele Bailey joined a panel of speakers to close out Sellabration, a CRS (Certified Residential Specialist) National Convention held in Las Vegas, Nevada, speaking to over 1,200 attendees.

Michele addressed the audience on the challenges and successes of selling in a secondary market, where the majority of your sellers and buyers live elsewhere but seek to purchase along Florida’s Emerald Coast. A natural on stage despite her nervousness, Michele had this to say about being in the spotlight: “Winning gold in the Olympics or summiting Everest must feel something like this. I managed to speak somewhat intelligently in front of 1,200 of the top 1% of realtors in the country, and public speaking is a hurdle for me. Living outside my comfort zone has become a way of life and gives me resources to empower other agents to find ways to get comfortable being uncomfortable.”

Well received by her peers, she was invited to present a webinar hosted by the Residential Real Estate Council on Second Homes in May to a live audience. This hour-long webinar covered a plethora of topics that included everything Photo: Michele Bailey (seated) & Hilary FarnumFasth (standing). Makeup: Powder & Paint Photographer: Desiree Gardner Photography PAGE 3

HILARY & REVERIE, JULY 2019

The 1st quarter of 2019 started off strong” Hilary explains, “with the Feds announcing that they would not raise rates, which helped many buyers make the decision it was a good time to purchase their dream beach home.”

Hilary Farnum-Fasth on looking back at the 1st Quarter of 2019 IMAGE: DON MCNARON PHOTOGRAPHY

from the hidden costs of a second home to marketing tips in a secondary market. Secondary markets are the “norm” along Scenic Hwy 30A, a stretch of 16 unique beach communities in South Walton County along the Emerald Coast, where the sugar white sands draws more than 4 million visitors every year according to Visit South Walton the local tourism board, making it the perfect location for an investment property for short term rentals, a vacation home or a forever home to embrace beach life!

Looking back at the 1st Quarter Along with the stable market, and the new construction at the 30A’s newest boutique community Grace Point on 30A, Hilary Farnum-Fasth has set the bar high for 1st quarter sales, with her personal numbers north of $30M in residential luxury sales.

“With my new brokerage focusing on the luxury highend market on 30A,” she explains, “we saw closed sales prices rise as much as 30% plus in that area of the market. In the amenity-rich resort communities along 30A, we saw an average sales price ranging from $1.4M to almost $2.5M. With these higher prices, and as the market moved closer to the spring/summer season, the typical rise in inventory to the market occurred. We have a healthy inventory going into the prime seasons.”

The secret is out!

The secret is out about the “30A” region of the Panhandle, and the investment opportunities that are available, which means the prime season is extending more and more – and networking is key to closing deals and growing their businesses. It’s safe to say that both women recognize the power of referrals.

Hilary & Michele have both worked tirelessly to establish a reputation that developed into a solid referral network and investors that know, trust and buy with confidence. Having sold real estate along the Emerald Coast for over 22 years, Hilary has cultivated relationships with investors through several local residential developments and continues to do so with her current partnerships with Point Construction, at Grace Point, and future developments planned.

Michele is extremely active with the political side of Real Estate, serving as an “At-Large” director for the Emerald Coast Association of Realtors® and also participating at the state level on multiple committees and also participating at the state level on multiple committees and forums for Florida Realtors® and Women’s Council of Realtors® Florida.

“I never planned to serve on so many levels with our local and state associations when I started in real

PAGE 4

HILARY & REVERIE, JULY 2019

PG. 4

estate,” Michele explains, but I quickly found the time spent giving back was returned ten-fold in relationships, industry knowledge and referrals from agents in our feeder markets. I highly encourage agents to give time to their industry which gives them so much.”

about our beautiful beaches and they aren’t making any more.”

Locally, Michele served as the 2018-2019 president of the Women’s Council of Realtors® Emerald Coast during which time she grew the membership by over 30%, and winning awards for her network for events ,such as “Speed Date a Builder” which afforded the attendees the opportunity to ask local Builders (in a timed setting) questions about the building process in speed-date style.

“It’s not all about price per square foot in a resort area, there are many variables that determine the value of a home.” Hilary further explains, “Experienced local agents can help you understand the true value of the 30A market, as price per square is only one small part.

In a lot of cases not even applicable because the homes here are all so unique.”

“The demand for newly constructed homes continues to be a constant,” Hilary adds, “and the sales of new construction continues to be one of the strongest segments of our market.”

To contact Hilary Farnum-Fasth, Broker/Owner, please call or text 850.685.0171 or email hilary@hilaryreverie.com

Michele will graduate from the Florida Realtor Leadership Academy in October and be featured in 2 future editions of the Florida Realtors® magazine in 2019.

Both women are also heavily involved with the community, with a passion for Food for Thought Outreach, a local nonprofit that provides backpacks filled with healthy, easy to prepare food for students who are dependent on free or reduced school meals.

“Being a part of Food for Thought has allowed me the opportunity to give back to my community,” Hilary explains, “and help stop the cycle of poverty.”

Hilary serves as the 2019 Vice President on the board of directors, and both ladies can often be found packing backpacks full of snacks for the 3,000+ children served weekly but this outstanding organization.

Final thoughts Looking forward both ladies are anticipating a healthy 2nd half of 2019 in both real estate and professional accomplishments. When asked how the market is along the beautiful Emerald Coast, Michele smiles and says: “Have you heard the saying the best time to buy is yesterday? Well, it’s true, because the secret is out

PAGE 5

Hilary offers this final word of advice to future investors & homeowners –

To contact Michele Bailey, Broker Associate, please call or text 850.586.1382 or email michele@hilaryreverie.com

HILARY & REVERIE, JULY 2019

WHO'S

VISITING SOUTH WALTON

IN 2018 WE WELCOMED 4,174,900 VISITORS* FROM ALL OVER THE UNITED STATES TOP CITIES: ATLANTA DALLAS/FORT WORTH NASHVILLE BIRMINGHAM HOUSTON NEW ORLEANS MEMPHIS CHICAGO CINNCINATI 39% OF VISITORS HAVE RETURNED TO SOUTH WALTON OVER 10+ TIMES MEDIAN AGE OF VISITORS IS 53 YEARS OLD* MEDIAN HOUSEHOLD INCOME IS $170,600* *INFORMATION PROVIDED BY VISIT SOUTH WALTON 2018 ECONOMIC IMPACT REPORT

PAGE 6

HILARY & REVERIE, JULY 2019

GRAYTON BEACH

Tucked in and around the State Park, Grayton Beach is the iconic beach town complete with a laid-back beach vibe.

Streets lined with scrub oaks and magnolias are home to beach cottages of all sizes and filled with character and charm.

Grayton Beach is home to funky art, local hangouts, and more. Come ready for a beach day with your friends, family & furbabies

RESIDENTIAL SALES Total Units Sold

IMAGE: DON MCNARON PHOTOGRAPHY

Q1

Q2

4

5

Total Volume Sold

$6,410,000

$6,125,000

Average List Price

$1,899,750

$1,308,800

Average Sales Price

$1,602,500

$1,225,000

Median Sold Price

$1,567,500

$1,250,000

Average Days on Market

151

144

% Sold to List Price

84%

93%

Current Inventory

17

Months in Inventory

12

PAGE 7

BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

The 6th Annual Stock the Pantry Food Drive is upon us! This food drive will kick of the 2019/20 school year to provide food for our backpack and snack programs.Â

I t e G

! d e v nv ol

Between now and August 20th we are receiving cash or gift card donations to help us fill up the empty shelves & supply nearly

8 weeks of food to local children in need.

HILARY & REVERIE PROUDLY SUPPORTS

Contact Hilary & Reverie by emailing marketing@hilaryreverie.com to make your tax deductible donation

by donating a percentage of every sale & volunteering throughout the year.

Food For Thought has been working to fight child hunger since 2010, and currently serves 32 schools in Walton and Okaloosa Counties,

providing backpacks for 3,300 students each week.

HILARY & REVERIE, JULY 2019

WATERCOLOR

The Savannah of 30A, Watercolor is nestled between Seaside and Grayton Beach.

Watercolor is loved for is open porches, airy balconies and resort-like family friendly amenities, including the Camp WaterColor, and the quaint Watercolor Inn. The wide streets beckon for afternoon bike rides across the Coastal Dune lake to the shops, restaurants, or the sugar sand beaches, and clear waters of the Emerald Coast.

RESIDENTIAL SALES Total Units Sold

Q2

7

35

Total Volume Sold

$11,809,000

Average List Price

$2,129,666

$1,862,412

Average Sales Price

$1,968,166

$1,784,162

Median Sold Price

$1,600,000

$1,560,000

Average Days on Market

163

126

% Sold to List Price

92%

95%

Current Inventory Months in Inventory

IMAGE: DON MCNARON PHOTOGRAPHY

Q1

PAGE 9

BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

$55,350,550

58 5.42

HILARY & REVERIE, JULY 2019

SEASIDE

Known for its pedestrian-friendly, lively downtown areas, Seaside is home to shops and restaurants nestled around a large green space where concerts, events, and festivals are held.

Seaside is home to upscale shopping, pastel-colored beach cottages and vintage Airstream Food Trucks, where you can find everything from a new necklace to barbecue to gouda cheese grits, and home to spectacular beaches, with sunsets shown nightly by the iconic tower.

RESIDENTIAL SALES

Q1

Total Units Sold

5

11

Total Volume Sold

$7,325,000

$2,484,800

Average List Price

$1,511,000

$2,425,636

Average Sales Price

$1,460,500

$2,258,909

Median Sold Price

$1,100,000

$2,000,000

86

64

97%

93%

Average Days on Market % Sold to List Price Current Inventory Months in Inventory

IMAGE: DON MCNARON PHOTOGRAPHY

Q2

PAGE 10

BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

20 5.45

GURU WISDOM

“NINETY PERCENT OF ALL MILLIONAIRES BECOME SO THROUGH OWNING REAL ESTATE. MORE MONEY HAS BEEN MADE IN REAL ESTATE THAN IN ALL INDUSTRIAL INVESTMENTS COMBINED. THE WISE YOUNG MAN OR WAGE EARNER OF TODAY INVESTS HIS MONEY IN REAL ESTATE.” ANDREW CARNEGIE

HILARY & REVERIE, JULY 2019

SEAGROVE BEACH

Seagrove Beach is a slice of the old Florida lifestyle, surrounded by twisted scrub oaks and magnolias, providing perfect backdrop for walking paths to the white sand and Gulf of Mexico.

Find restaurants, shopping and more in Seagrove and immerse yourself in one of the oldest beach communities along 30A, where families have been returning to its homes and beaches for decades.

Q1

RESIDENTIAL SALES

Q2

10

9

Total Volume Sold

$12,344,800

$12,530,000

Average List Price

$1,292,390

$1,479,755

Average Sales Price

$1,234,480

$1,392,222

$820,000

$775,000

Total Units Sold

Median Sold Price Average Days on Market

230

117

% Sold to List Price

95%

94%

Current Inventory Months in Inventory

PAGE 12 BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

24 24

HILARY & REVERIE, JULY 2019

FEATURED

PROPERTY IN SEAGROVE BEACH

THE ULTIMATE, LUXURY, BEACH FRONT ADDRESS

ALONG THE BEAUTIFUL BEACHES OF 30A

ENTRY IS VIA PRIVATE ELEVATOR THAT OPENS INTO AN EXCEPTIONAL GULF FRONT, THIRD FLOOR CORNER UNIT OFFERING PANORAMIC VIEWS AND LUXURIOUS FINISHES INCLUDING HIGH CEILINGS AND A WELL-PLANNED OPEN LIVING SPACE WITH FOUR BEDROOMS AND THREE AND A HALF BATHS. THE KITCHEN BOASTS A WET BAR, TOP OF THE LINE APPLIANCES: SUB ZERO FRIDGE & WINE COOLER, A WOLF OVEN, MICROWAVE & RANGE HOOD, GRANITE COUNTERTOPS INCLUDING A GRANITE WATERFALL ISLAND AND SOFT CLOSE CABINETS AND DRAWERS. A SPACIOUS MASTER SUITE POSITIONED TO PROVIDE OPTIMAL SOUTHERN GULF AND BEACH VIEWS ALSO FEATURES ITS OWN PRIVATE ENTRY ONTO A SHARED GULF FRONT BALCONY OVERLOOKING THE POOL AREA AND BEACH

MLS: 819625

• 4 BEDROOMS

• 4 BATHROOMS •

PRIVATE SHOWINGS AVAILABLE • 850.231.2850

PAGE 13

2,214 SF •

$1,999,000

• WWW.HILARYREVERIE.COM

JULY Tuesdays in July: 9:00 am - 1:00 pm Seaside Farmers Market 9:00 am to 10:00 am Turtle Talk Tuesdays at Amavida Coffee Rosemary Wednesdays in July: 7:00 pm Seaside Summer Concert Series

30A EVENTS & HAPPENINGS July 8th: 6:30 pm Alice in Wonderland at Seaside Amphitheater

Thursdays in July: 7:00 pm to 8:00 pm Trivia Night at Grayton Beer Brewpub 7:00 pm to 9:00 pm Alys Beach Summer Concerts

July 10th: 6:30 pm to 7:30 pm Jack and the Beanstalk at Rosemary Beach

Friday's in July: 4:00 pm to 6:00 pm Destin Ice Market 30A Wine Tasting

July 26th: 6:00 pm Brews, Bites & BINGO

8:00 pm Seaside Central Square Cinema

Weekly at the HUB on 30a: DJ Dance Party!!

6:30 pm – 9:30 pm Monday's & Friday's

Saturday's in July: 9:00 am - 1:00 pm Seaside Farmers Market

Family Movie Night 7:00 pm - 9:00 pm Wednesday's

Sunday's in July: 9:00 am to 1:00 pm Rosemary Beach Farmers Market

IMAGE: DON MCNARON PHOTOGRAPHY

PAGE 14

AUGUST Tuesdays in August: 9:00 am - 1:00 pm Seaside Farmers Market 9:00 am to 10:00 am Turtle Talk Tuesdays at Amavida Coffee Rosemary

August 1st 8:15 pm to 9:30 pm Rosemary Beach Moonlight Movies & Face Painting

Thursdays in August: 7:00 pm to 8:00 pm Trivia Night at Grayton Beer Brewpub

August 4th: 10:30 am to 5:00 pm Pescado Brunch & Live Music

Friday's in August: 4:00 pm to 8:00 pm Wine and Tapas in The Backyard of Love of Hibiscus Coffee & Guesthouse

August 7th: 7:00 pm Seaside Summer Concert Series

Saturday's in August: 9:00 am - 1:00 pm Seaside Farmers Market Sunday's in August: 9:00 am to 1:00 pm Rosemary Beach Farmers Market

August 16th: 10:00 pm Late Night Happy Hour Comedy Show at FOOW

Gulf Coast Pepsi Jam: August 30th - Sept. 1st Frank Brown Park Headliners include: Tim McGraw, Jason Aldean & Kid Rock.

FOR A COMPLETE LIST OF 30A EVENTS, PLEASE VISIT SOWAL.COM

Coastal Insurance is Walton & Okaloosa County's leading insurer of coastal homes. We take pride in our extensive expertise to assist you in protecting your valuable investment. We believe in providing the total package for your peace of mind. Our staff is more knowledgeable, more responsive and more caring.

KIM SHAHID, LUXURY CONDO AND FINE HOME SPECIALIST CELL 404-403-8836 OFFICE 850-231-0042

PROTECTING YOUR PIECE OF PARADISE!

HILARY & REVERIE, JULY 2019

WATERSOUND BEACH

WaterSound Beach, a gated beach retreat, offers homes and condominiums set among the natural backdrop of walking paths, nature trails and private dune walkovers to the pristine private beaches at the waters edge.

Homeowners enjoy membership opportunities to clubs by JOE, including WaterSound Beach Club, Camp Creek Golf Club, Sharks Tooth Golf Club & more.

RESIDENTIAL SALES Total Units Sold

Q2

14

11

Total Volume Sold

$36,440,000

$25,360,000

Average List Price

$2,774,285

$2,398,000

Average Sales Price

$2,602,857

$2,305,454

Median Sold Price

$2,245,000

$2,245,00

Average Days on Market

181

209

% Sold to List Price

93%

96%

Current Inventory Months in Inventory

IMAGE: DON MCNARON PHOTOGRAPHY

Q1

PAGE 16

BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

58 12.86

HILARY & REVERIE, JULY 2019

This distinguished Harrison Design Home offers 3 floors of gracious living and boasts the finest of finishes which includes stunning Walnut hardwood flooring with custom stain, striking reclaimed beams throughout the 2nd floor, and architecturally impressive 8' Rain Wall falling 18 ft from 2nd floor to evoke a refreshing and relaxing water feature that is unlike any other home.

MLS: 805350 • 6 BEDROOMS 6 BATH • 4,925 SF • $4,650,000 SELLER IS INCLUDING A WATERSOUND BEACH CLUB MEMBERSHIP WITH SALE OF HOME

FEATURED PROPERTIES IN WATERSOUND BEACH

A statement-making, yet intimate house, with a stunning interior, just right for entertaining or hiding away.

The elegant residence blends timeless beauty with modern-day amenities. This residence is offered fully outfitted with designer furnishings.

MLS: 819582 • 5 BEDROOMS 6 BATH • 4,281 SF • $2,999,000 PAGE 17

Truly epitomizing the WaterSound Beach lifestyle is a beautiful coastal estate with dreamy gulf views from the tower.

This residence is offered fully outfitted with designer furnishings.steps away from the private white sands of the Emerald Coast.

MLS: 819582 • 5 BEDROOMS 6 BATH • 4,281 SF • $2,999,000

IMAGE: DESIREE GARDNER PHOTOGRAPHY

REDEFINING LUXURY

HILARY &

REVERIE 87 Grace Point Way, Watersound 850.231.2850 Visit us online at www.hilaryreverie.com Find us on Facebook @hilaryreverie Follow us on Instagram @hilaryandreverie

Hilary & Reverie, 30A’s Luxury Brokerage, provides an all-inone approach to luxury real estate sales and brokerage. We redefine the way the real estate industry is handled.

Our full-service brokerage services include an in-house builder and an in-house developer. Our talented builder mills custom cabinetry, flooring, and trim and adds unique touches like reclaimed beams and antique flooring. Our development team delivers unparalleled beautiful and sustainable designs. These exclusive assets are what sets us apart.

Hilary & Reverie properties are featured with our affiliate partners Leverage & StyleBluePrint, as South Walton’s most beautiful and luxurious properties. This allows our clients to benefit from a global market allowing international & national consumers to engage in the best in real estate lifestyle content in a vibrant and memorable way.

Our high-end full-service brokerage services extend beyond what a conventional brokerage firm can offer and are prepared to utilize creative solutions for our buyers, sellers, and real estate investors.

HILARY & REVERIE, JULY 2019

ALYS BEACH

Home to some of the coolest arts and food festivals along this stretch of coast, Alys Beach lends sophistication to its barefoot lifestyle. The courtyard-based residences and gorgeous community swimming pool glisten as bright as the bone-white sandy beaches that lay at its feet.

Find yourself enjoying sunsets at the Gulf Green and the broad wooden deck or enjoy craft cocktails or house wine at one of the exquisitely appointed restaurants.

RESIDENTIAL SALES Total Units Sold

Q2

3

17

Total Volume Sold

$5,195,000

$40,439.838

Average List Price

$1,956,666

$2,402,977

Average Sales Price

$1,731,666

$2,378,814

Median Sold Price

$1,065,000

$2.025.000

Average Days on Market % Sold to List Price

PAGE 19

Q1

28

122

88%

98%

Current Inventory

24

Months in Inventory

6.35

HILARY & REVERIE, JULY 2019

SEACREST BEACH

At the edge of Rosemary Beach, lies Seacrest Beach, a laid-back beach community known for its expansive 12,000sf community pool and charming beach houses.

Enjoy the town center, and its many restaurants and shops, and green spaces.

Paddleboard on the dune lake, sunbathe by the beach or stroll to the shops. Seacrest Beach offers the best of all worlds.

RESIDENTIAL SALES Total Units Sold

Q1

Q2

15

32

Total Volume Sold

$13,152,792

Average List Price

$936,253

$736,056

Average Sales Price

$876,852

$703,293

Median Sold Price

$703,492

$683,000

$22,505,379

Average Days on Market

249

145

% Sold to List Price

93%

95%

Current Inventory

43

Months in Inventory

12

PAGE 20 BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

HILARY & REVERIE, JULY 2019

FEATURED

PROPERTY IN SEACREST BEACH IMAGE: DON MCNARON PHOTOGRAPHY

CREATE A LEGACY UNLIKE ANY OTHER WHERE YOUR FAMILY CAN ENJOY AN UNPARALLELED LIFESTYLE FOR YEARS TO COME ENVISION AN ESTATE WHERE MANY GENERATIONS CAN CHERISH DAILY PANORAMIC SUNSETS AND SUNSETS, BEACH DAYS FILLED WITH SUNSHINE JUST STEPS FROM YOUR FRONT DOOR AND A PLACE TO RELISH IN THE SIMPLE PLEASURES OF LIFE. THIS STUNNING 30A GULF-FRONT THREE LEVEL RESIDENCE, WITH A GORGEOUS MAIN HOUSE, GUEST HOUSE, AND 3-CAR GARAGE IS THE PERFECT TRIBUTE TO YOUR FAMILY. THE PROPERTY BOASTS MORNING SUNRISES AND EVENING SUNSETS OFF THE EXPANSIVE PORCHES AFFORDING OUTDOOR LIVING AS IT WAS MEANT TO BE AND IS WONDERFULLY SUITED FOR ENTERTAINING GUESTS OR RELAXING IN THE GULF-FACING POOL TO THE SOUND OF CRASHING WAVES. THE MAIN HOUSE DEMANDS IMMEDIATE ATTENTION FROM THE CIRCULAR SEWN RECLAIMED HEART PINE HARDWOOD FLOORING TO THE HAND-HEWN BEAMS ADORNING THE VAULTED CEILINGS.

MLS: 826444

• 9 BEDROOMS

• 11 BATHROOMS •

PRIVATE SHOWINGS AVAILABLE • 850.231.2850

PAGE 21

7,000 SF •

$6,995,000

• WWW.HILARYREVERIE.COM

HILARY & REVERIE, JULY 2019

ROSEMARY BEACH

Named one of America’s most romantic towns by CNN, this New Urbanist community is the epitome of the charming beach town.

The multiple neighborhoods of Rosemary Beach are interconnected by a network of pedestrian footpaths, boardwalks, and secret pathways that lead to all public areas, including the beach, the Town Square, tennis courts, swimming pools, and other town amenities.

RESIDENTIAL SALES Total Units Sold

Q1

Q2

10

13

Total Volume Sold

$24,788,500

$16,892,000

Average List Price

$2,610,800

$1,380,615

Average Sales Price

$2,478,850

$1,947,500

Median Sold Price

$1,947,500

$1,175,000

Average Days on Market

252

142

% Sold to List Price

94%

94%

Current Inventory Months in Inventory

PAGE 22 BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

63 12.86

HILARY & REVERIE, JULY 2019

FEATURED

PROPERTY IN ROSEMARY BEACH

IMAGE: DON MCNARON PHOTOGRAPHY

THE EYE IS DRAWN TO THE ACCENT WALL SURROUNDING THE VENETIAN CLAD FIREPLACE WHICH BOASTS OF WEATHERED GREY DEADHEAD CYPRESS WALLS, SALVAGED FROM THE HOME OF RENOWNED ARCHITECT EDWARD VASON JONES. STUNNING ARCHITECTURAL DETAIL WITH LUXURIOUS UPGRADES ON ONE OF THE LARGER HOMES IN ROSEMARY BEACH. RENOVATED BY MASTER BUILDER MATT FULLER, THIS RARE HOME HAS ALL THE WARMTH AND CHARACTER OF OTHER HOMES IN THE AREA BUT WITH A CONTEMPORARY FLAIR. EACH SUN-DRENCHED ROOM INVITES YOU TO LINGER, FROM THE DRAMATIC LIVING ROOM WITH OPEN CONCEPT KITCHEN, TO THE STYLISH THIRD-FLOOR MASTER SUITE. SPECIAL FEATURES INCLUDE ANTIQUE HARDWOOD FLOORS, STONE MANTEL FIREPLACE, VENETIAN PLASTER ACCENTS THROUGHOUT HOME AND A GARAGE & CARRIAGE HOUSE OVERLOOKING THE POOL.THE SECOND LEVEL SHOWCASES RESTORED SALVAGED 8X10 BEAMS FROM A KENTUCKY TOBACCO BARN, CUSTOM KITCHEN CABINETRY, SOAPSTONE COUNTER TOPS & CALCUTTA GOLD MARBLE CENTER ISLAND. A SUITE OF WOLFE & SUBZERO APPLIANCES COMPLETES THE KITCHEN.

MLS: 821043

• 7 BEDROOMS

• 9 BATHROOMS •

4,100 SF •

$4,495,000

SALE PENDING IN LESS THAN 70 DOM • 850.231.2850 • WWW.HILARYREVERIE.COM

PAGE 23

HILARY & REVERIE, JULY 2019

INLET BEACH

On the eastern end of 30A, Inlet Beach is home to upscale shopping and dining, and home to unspoiled beaches and boarders the largest of our Coastal Lakes.

Mixed with old Florida, and new, Inlet Beach is a blend of modern architecture and cozy cottages. Enjoy this quiet neighborhood that lays claim to the largest beach access point in South Walton.

RESIDENTIAL SALES Total Units Sold

Q1

Q2

5

12

Total Volume Sold

$3,808,180

$25,296,083

Average List Price

$803,180

$2,266,083

Average Sales Price Median Sold Price Average Days on Market % Sold to List Price Current Inventory Months in Inventory

PAGE 25 BASED ON INFORMATION FROM ECAR FLEX MLS AS OF THE JUNE 2019, AND IS DEEMED RELIABLE BY NOT GUARANTEED

$761,600

$2,108,016

$815,000

$1,033,100

30

78

94%

93% 22 5.75

HILARY & REVERIE, JULY 2019

FEATURED

PROPERTY UNDER CONSTRUCTION

IMAGE: DON MCNARON PHOTOGRAPHY

LOCATED ON THE WESTERN END OF 30A, THE CAREFULLY PLANNED, PRIVATE, NON-RENTAL COMMUNITY OF STALLWORTH PRESERVE, WITH STUNNING GULF AND LAKE VIEWS THIS NEW CONSTRUCTION RESIDENCE, BY MASTER BUILDER MATT FULLER CAN BE FOUND JUST BEYOND THE GATES. UPON ENTRANCE TO THIS 4,350 SQUARE FOOT UNIQUE VILLA, THE EYE IS IMMEDIATELY CAPTIVATED BY THE BRASS INLAY OF THE FOYER'S HERRINGBONE FLOOR. THIS RESIDENCE ENJOYS A REVERSE FLOOR PLAN WITH GUEST SUITES ON THE LOWER LEVEL TO FULLY EXPOSE THE SECOND FLOOR LIVING AREA WHICH IS SURROUNDED BY VIEWS AND A CUSTOM PECKY CYPRESS CEILING CREATING A LUXURIOUS SETTING FOR ENTERTAINING AND FAMILY GATHERINGS. THE CYPRESS OVERHEAD FLOWS SEAMLESSLY INTO THE KITCHEN WHERE THE VAULTED CEILING ABOVE COMMANDS ATTENTION, WITH LUXURY FINISHES AND SUITE OF SUB-ZERO & WOLF PROFESSIONAL APPLIANCES ENSURE THAT FROM THE FIRST TOAST TO THE FINAL BITE, GUESTS AND FAMILY ALIKE WILL RELISH EVERY MOMENT AND MEAL THEY PARTAKE IN. MLS: 826116

• 5 BEDROOMS

• 6 BATHROOMS •

PRIVATE SHOWINGS AVAILABLE • 850.231.2850

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4,244 SF •

$3,600,000

• WWW.HILARYREVERIE.COM

Welcome to South Walton’s premier boutique neighborhood, Grace Point.

Grace Point was designed to be an exclusive beach community that places great value on quality, unique architectural design, privacy, luxury and entertainment. The layout of the subdivision and orientation of the home sites that surround the communal lawns reflect the overall goal for the community to be the ultimate retreat for friends and family at the beach.

The beach is steps away where you can enjoy early morning yoga on the sand or sunset walks along the coastal dunes to the water’s edge. Offering a Lifestyle membership to Clubs by JOE, Grace Point owners have access to WaterSound Beach Club, Shark's Tooth Golf Club, and Camp Creek Golf Club through a private gated entrance, delivering a family friendly, relaxing, community-oriented environment that people dream about.

From the moment you enter the home, the rich history of the home's reclaimed flooring and tobacco barn reclaimed beams reminds you why owning a home at Grace Point provides the ultimate coastal living experience on the Emerald Coast.

Welcome Home to Grace Point! www.gracepoint30A.com • 850-231-2850 • 87 Grace Point Way, WaterSound, FL 32461