On The Cover
96 Camp Creek Point
$22,500,000 | Camp Creek Point
Table of Contents
State of the Market Summary
pages 4-5
30A Market Breakdown
Inlet Beach | Rosemary Beach | Alys Beach
Seacrest | Watersound Beach | Seagrove | Seaside
WaterColor | Grayton Beach | Blue Mountain | Dune Allen
30A Gulf Front Market
30A Market Overall
pages 6-21
Destin Market Miramar Beach & Sandestin Market
pages 22-23
pages 24-25
Market Overview
Detached Single Family Homes
Panama City Beach Market
pages 26-27
Market Overview Condominiums
page 28 page 29
Notable Sales Luxury Listings
pages 30-37
pages 38-45
State of the Market
The Q1 2025 real estate market data reveals a dynamic landscape with notable shifts across various beach communities. The Q1 2025 real estate market shows a slight 2 percent decline in total sales, but demand remains strong with an average sale price of $1,805,576. Inlet Beach saw a 56 percent surge in sales and a 4 percent price-persquare-foot increase, though homes are taking 50 percent longer to sell. Rosemary Beach sales rose 25 percent, with a 46 percent price jump, reinforcing its luxury appeal. Alys Beach sales dipped 13 percent, but prices per square foot remain high at $1,760. Seaside saw a 77 percent price surge to nearly $5M, while Panama City Beach sales dropped 23 percent, signaling a cooling trend. Miramar Beach/Sandestin sales rose 44 percent, but prices per square foot fell 8 percent. High-demand areas like Rosemary and Inlet Beach offer strong selling opportunities, while buyers may find deals in Alys Beach and Panama City Beach. The luxury market remains strong, but success hinges on pricing, timing, and expert negotiation.
As we enter the second quarter of the year, we are observing promising signs of renewed activity in what has been a relatively flat secondary real estate market. While the past several months have shown a measured pace with limited movement, the past few weeks have indicated a shift, with increased interest from buyers and a notable uptick in transactions. Several factors may be contributing to this momentum. Seasonal trends often bring heightened activity in Q2 as buyers look to secure properties ahead of the summer months. Additionally, adjustments in interest rates and overall economic confidence may be encouraging more prospective buyers to enter the market.
Looking ahead, we anticipate that this increased activity could continue through Q2, potentially leading to moderate price appreciation and reduced days on market for well-positioned properties. However, inventory levels will play a crucial role in determining whether the market remains balanced or shifts toward a more competitive environment.For sellers, this could be an opportune time to list properties, as motivated buyers begin making purchasing decisions. For buyers, acting sooner rather than later may be wise, especially if demand continues to grow and competition intensifies.
Overall, while the market has remained stable for much of the past year, the recent surge in activity is a positive indicator. We will be closely monitoring trends throughout Q2 to see if this momentum builds into a sustained upward trajectory for the market.
Q1 2025 Market Recap
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET SALES PRICE TO LIST PRICE RATIO
Rosemary
Detached Single Family Homes
Detached Single Family Homes
NUMBER OF SALES
Detached Single Family Homes
Q1 2024 Q1 2025
NUMBER
Seagrove Beach
Detached Single Family Homes
Detached Single Family Homes
Grayton Beach
Detached Single Family Homes
Blue Mountain Beach
Detached Single Family Homes
Q1 2024 Q1 2025
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET SALES PRICE TO LIST PRICE RATIO
178 110
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET SALES PRICE TO LIST PRICE RATIO
Detached Single Family Homes
Miramar Beach & Sandestin
Detached Single Family Homes
Q1 2024 Q1 2025
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
City Beach
Panama City Beach
Detached Single Family Homes
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET SALES PRICE TO LIST PRICE RATIO
NUMBER OF SALES
AVERAGE PRICE PER SQUARE FOOT
366
208 Sand Oaks Circle
Sold for $2,900,000 | Seanest Village
33 Atticus Road Sold for $2,650,000 | Rosemary Beach
122 Sand Dunes Road
Sold for $2,625,000 | Blue Mountain Beach
Luxury Listings
27 Admiralty Row 302
$4,395,000 | Alys Beach
Experience luxury living in the prestigious Della building at Alys Beach. This stunning 1,690 sq. ft. third-floor condo offers breathtaking views of the amphitheater and Gulf, with an expansive 600 sq. ft. balcony perfect for soaking in the scenery.
Thoughtfully upgraded with over $100,000 in premium finishes, including Venetian plaster, reclaimed Spanish marble, and European Oak flooring, this residence exudes elegance. Featuring top-tier Wolf and Subzero appliances, spa-like marble bathrooms, and electronic shades, every detail enhances comfort and style.
Fully furnished in a refined South Florida motif, this one-of-a-kind retreat is just steps from the Beach Club and Caliza pool—your perfect coastal escape awaits!
40 Whispering Wind Way
$11,990,000 | Bannerman Beach Estates
Presenting 40 Whispering Wind Way, a custom-designed retreat in the exclusive gated enclave of Bannerman Beach.
This 6,347 sq. ft. estate offers 6 bedrooms, 6.5 baths, a private pickleball court, a heated pool, and breathtaking Gulf views from the third-floor tower. Nestled on 3.4 acres with private deeded beach access, it ensures unmatched privacy and exclusivity along 30A.
With reclaimed wood beams, artisan brickwork, and dual primary suites, this home blends luxury with tranquility, just moments from Grayton Beach and Seaside.
24 E-scape Drive
$7,990,000 | Escape at Inlet Beach
This luxurious Gulf-front home in the exclusive, gated Escape community at Inlet Beach offers timeless elegance and modern comfort.
Designed by A Boheme Design and built by EarthBuild, it features fortified construction, energy efficiency, and breathtaking Gulf views from all three levels. Highlights include a gourmet kitchen with top-tier appliances, multiple expansive porches, a private beach walkover, and a stunning master suite with a private balcony.
Residents enjoy shared access to a rooftop pool, summer kitchen, and gathering spaces, making this the ultimate coastal retreat.
638
$4,295,000 | Lake Shore Estates in Inlet Beach
N Walton Lakeshore Drive
Coastal Luxury Meets Waterfront Living in Inlet Beach!
This stunning home offers private lakefront access with a boat dock and is just steps from the Gulf's sugar-white sands. Enjoy an open-concept design, a gourmet kitchen, screened-in porches, a sprawling deck, and a sparkling pool—all in a lush, private setting.
Plus, the seller will cover Watersound’s $75,000 initiation fee or offer a design credit at closing—an incredible opportunity to customize your dream retreat!