Q4 2021 | MARKET REPORT
35 HINTON DRIVE OFFERED AT $8,800,000
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TABLE OF CONTENTS
STATE OF THE MARKET SUMMARY
NOTABLE Q4 SALES
LUXURY LISTINGS
pages 4-5
pages 6-13
pages 14-21
30A MARKET STATS Inlet Beach | Rosemary Beach | Alys Beach Seacrest | Watersound | Seagrove | Seaside WaterColor | Grayton Beach | Blue Mountain | Dune Allen pages 23-33
DESTIN MARKET STATS
MIRAMAR BEACH & SANDESTIN MARKET STATS
PANAMA CITY BEACH MARKET STATS
pages 34-35
pages 36-37
pages 38-39
OVERALL MARKET STATS DETACHED SINGLE FAMILY HOMES
OVERALL MARKET STATS CONDOMINIUMS
page 40
page 41
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STATE OF THE MARKET
When comparing quarter four from 2020 to 2021, there is a ma with some areas reaching up to 60 percent. The market overall of inventory in the market throughout the area. This does not m still good deals being made in favor of both buyers and sellers. buying or selling your property is key to success in this market.
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assive increase in average sales price of around 30 percent l has steadily increased and there continues to be a shortage mean this is necessarily a buyer or sellers market, as there are . Choosing an experienced advisor to assist you in navigating .
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NOTABLE Q4 SALES
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60 HOTZ AVENUE SOLD FOR $5,500,000 IN GRAYTON BEACH
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195 E. KINGSTON ROAD SOLD FOR $3,850,000 IN ROSEMARY BEACH
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1848 E. COUNTY HWY 30A UNIT 13 SOLD FOR $3,550,000 IN WATERCOLOR
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281 POMPANO STREET SOLD FOR $6,399,000 IN INLET BEACH
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LUXURY LISTINGS
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77 SANDALWOOD DRIVE OFFERED AT $2,295,000 IN SANTA ROSA BEACH
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12 PERIWINKLE LANE OFFERED AT $4,950,000 IN SANTA ROSA BEACH
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45 BEACH WALK LANE OFFERED AT $2,950,000 IN SANTA ROSA BEACH
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410 WINDJAMMER COURT OFFERED AT $1,895,000 IN REGATTA BAY
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Q4 2021 MARKET STATS
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INLET BEACH DETACHED SINGLE FAMILY HOMES UP 67%
UP 60%
UP 62%
NUMBER OF SALES
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
24 Q4 2020
40 Q4 2021
$388 Q4 2020
DOWN 48% AVERAGE DAYS ON MARKET 94 Q4 2020
49 Q4 2021
$627 Q4 2021
$1,090,188 Q4 2020
$1,741,041 Q4 2021
UP 2% LIST PRICE TO SALES PRICE RATIO 95% Q4 2020
97% Q4 2021 page 23
ROSEMARY BEACH DETACHED SINGLE FAMILY HOMES UP 29%
UP 58%
UP 82%
NUMBER OF SALES
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
7 Q4 2020
9 Q4 2021
$741 Q4 2020
DOWN 70% AVERAGE DAYS ON MARKET 229 Q4 2020 page 24
68 Q4 2021
$1,171 Q4 2021
$2,101,421 Q4 2020
LIST PRICE TO SALES PRICE RATIO 95% Q4 2020
94% Q4 2021
$3,825,278 Q4 2021
ALYS BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 18 Q4 2020
13 Q4 2021
UP 22%
UP 10%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$1,218 Q4 2020
AVERAGE DAYS ON MARKET 31 Q4 2020
54 Q4 2021
$1,489 Q4 2021
$4,441,446 Q4 2020
$4,895,503 Q4 2021
LIST PRICE TO SALES PRICE RATIO 99% Q4 2020
99% Q4 2021 page 25
SEACREST DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 70 Q4 2020
48 Q4 2021
UP 28%
UP 8%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$566 Q4 2020
DOWN 35% AVERAGE DAYS ON MARKET 61 Q4 2020 page 26
40 Q4 2021
$724 Q4 2021
$1,825,478 Q4 2020
UP 9% LIST PRICE TO SALES PRICE RATIO 89% Q4 2020
97% Q4 2021
$1,970,199 Q4 2021
WATERSOUND BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 22 Q4 2020
9 Q4 2021
UP 25%
UP 7%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$809 Q4 2020
DOWN 73% AVERAGE DAYS ON MARKET 121 Q4 2020
33 Q4 2021
$1,011 Q4 2021
$3,283,586 Q4 2020
$3,518,056 Q4 2021
LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
97% Q4 2021 page 27
SEAGROVE DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 54 Q4 2020
48 Q4 2021
UP 19%
UP 3%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$593 Q4 2020
DOWN 13% AVERAGE DAYS ON MARKET 71 Q4 2020 page 28
62 Q4 2021
$705 Q4 2021
$1,865,361 Q4 2020
UP 2% LIST PRICE TO SALES PRICE RATIO 95% Q4 2020
97% Q4 2021
$1,919,438 Q4 2021
SEASIDE DETACHED SINGLE FAMILY HOMES UP 62% NUMBER OF SALES 6 Q4 2020
4 Q4 2021
AVERAGE PRICE PER SQ. FT. $1,243 Q4 2020
DOWN 88% AVERAGE DAYS ON MARKET 80 Q4 2020
10 Q4 2021
$1,225 Q4 2021
AVERAGE SALES PRICE $1,894,167 Q4 2020
$3,063,750 Q4 2021
UP 5% LIST PRICE TO SALES PRICE RATIO 95% Q4 2020
99% Q4 2021 page 29
WATERCOLOR DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 42 Q4 2020
19 Q4 2021
UP 38%
UP 46%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$684 Q4 2020
DOWN 45% AVERAGE DAYS ON MARKET 47 Q4 2020 page 30
26 Q4 2021
$945 Q4 2021
$2,219,250 Q4 2020
LIST PRICE TO SALES PRICE RATIO 98% Q4 2020
97% Q4 2021
$3,234,305 Q4 2021
GRAYTON BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 24 Q4 2020
12 Q4 2021
UP 73%
UP 31%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$510 Q4 2020
DOWN 91% AVERAGE DAYS ON MARKET 228 Q4 2020
19 Q4 2021
$884 Q4 2021
$1,732,576 Q4 2020
$2,273,958 Q4 2021
UP 2% LIST PRICE TO SALES PRICE RATIO 95% Q4 2020
97% Q4 2021 page 31
BLUE MOUNTAIN BEACH DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 75 Q4 2020
68 Q4 2021
UP 29%
UP 20%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$440 Q4 2020
DOWN 26% AVERAGE DAYS ON MARKET 57 Q4 2020 page 32
42 Q4 2021
$566 Q4 2021
$1,192,401 Q4 2020
LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
96% Q4 2021
$1,434,943 Q4 2021
DUNE ALLEN DETACHED SINGLE FAMILY HOMES UP 2%
UP 15%
NUMBER OF SALES
AVERAGE PRICE PER SQ. FT.
63 Q4 2020
64 Q4 2021
$376 Q4 2020
DOWN 52% AVERAGE DAYS ON MARKET 101 Q4 2020
48 Q4 2021
$431 Q4 2021
AVERAGE SALES PRICE $1,089,267 Q4 2020
$1,067,347 Q4 2021
UP 2% LIST PRICE TO SALES PRICE RATIO 96% Q4 2020
98% Q4 2021 page 33
DESTIN DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 187 Q4 2020
127 Q4 2021
UP 42%
UP 44%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$287 Q4 2020
DOWN 28% AVERAGE DAYS ON MARKET 86 Q4 2020 page 34
62 Q4 2021
$407 Q4 2021
$846,083 Q4 2020
LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
97% Q4 2021
$1,219,122 Q4 2021
CONDOMINIUMS NUMBER OF SALES 243 Q4 2020
216 Q4 2021
UP 41%
UP 36%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$325 Q4 2020
DOWN 57% AVERAGE DAYS ON MARKET 115 Q4 2020
49 Q4 2021
$457 Q4 2021
$454,344 Q4 2020
$619,760 Q4 2021
UP 1% LIST PRICE TO SALES PRICE RATIO 96% Q4 2020
97% Q4 2021 page 35
MIRAMAR BEACH & SANDESTIN DETACHED SINGLE FAMILY HOMES UP 25%
UP 36%
UP 36%
NUMBER OF SALES
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
126 Q4 2020
157 Q4 2021
$319 Q4 2020
DOWN 62% AVERAGE DAYS ON MARKET 82 Q4 2020 page 36
31 Q4 2021
$434 Q4 2021
$873,692 Q4 2020
UP 1% LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
98% Q4 2021
$1,189,554 Q4 2021
CONDOMINIUMS NUMBER OF SALES 269 Q4 2020
232 Q4 2021
UP 42%
UP 21%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$300 Q4 2020
DOWN 60% AVERAGE DAYS ON MARKET 105 Q4 2020
42 Q4 2021
$427 Q4 2021
$396,973 Q4 2020
$481,209 Q4 2021
UP 2% LIST PRICE TO SALES PRICE RATIO 96% Q4 2020
98% Q4 2021 page 37
PANAMA CITY BEACH DETACHED SINGLE FAMILY HOMES UP 17%
UP 9%
NUMBER OF SALES
AVERAGE PRICE PER SQ. FT.
75 Q4 2020
88 Q4 2021
$314 Q4 2020
DOWN 41% AVERAGE DAYS ON MARKET 70 Q4 2020 page 38
42 Q4 2021
$342 Q4 2021
AVERAGE SALES PRICE $870,125 Q4 2020
UP 1% LIST PRICE TO SALES PRICE RATIO 96% Q 2020
97% Q4 2021
$830,384 Q4 2021
CONDOMINIUMS NUMBER OF SALES 186 Q4 2020
152 Q4 2021
UP 42%
UP 37%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$277 Q4 2020
AVERAGE DAYS ON MARKET 91 Q4 2020
150 Q4 2021
$393 Q4 2021
$337,313 Q4 2020
$463,085 Q4 2021
LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
97% Q4 2021 page 39
OVERALL Q4 MARKET STATS DETACHED SINGLE FAMILY HOMES NUMBER OF SALES 793 Q4 2020
706 Q4 2021
UP 29%
UP 27%
AVERAGE PRICE PER SQ. FT.
AVERAGE SALES PRICE
$606 Q4 2020
DOWN 57% AVERAGE DAYS ON MARKET 97 Q4 2020 page 40
42 Q4 2021
$783 Q4 2021
$1,808,931 Q4 2020
UP 2% LIST PRICE TO SALES PRICE RATIO 96% Q4 2020
97% Q4 2021
$2,298,777 Q4 2021
OVERALL Q4 MARKET STATS CONDOS NUMBER OF SALES 698 Q4 2020
600 Q4 2021
UP 42% AVERAGE PRICE PER SQ. FT. $301 Q4 2020
$426 Q4 2021
UP 32% AVERAGE SALES PRICE $396,210 Q4 2020
$521,351 Q4 2021
DOWN 22% AVERAGE DAYS ON MARKET 103 Q4 2020
80 Q4 2021
LIST PRICE TO SALES PRICE RATIO 97% Q4 2020
97% Q4 2021 page 41