30A Local Properties 35 Clayton Lane, Suite B Grayton Beach, FL 32459 Each office independently owned and operated.
Coastal Luxury Real Estate Expert 850.865.7798 | Bobby@30ALocal.com www.WelcomeToWatercolor.com
R E A L ES TAT E M A R K E T R E P O RT • J U LY 2 019
WATERCOLOR
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
COULD YOUR DREAM HOME BE
JUST A COUPLE OF MILES AWAY? ACTIVE!
57 WHITE CLIFFS LANE | 3 Beds | 3 Baths | 1,932 Sq. Ft. Listed for $839,000
PENDING!
PENDING!
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams 55 BRENDA LANE | 5 Beds | 7 Baths | 4,463 Sq. Ft. Listed for $2,499,000
15 SAND CLIFF DRIVE | 5 Beds | 5 Baths | 2,937 Sq. Ft. Listed for $1,295,000
Johnathan and Angela-Marie, This market report was created especially for you. If you are thinking of making a move to your next dream home, contact me today at 850.865.7798 for a free market analysis of your home.
Presented by Bobby Johnson Your Watercolor Real Estate Specialist
www.WelcomeToWatercolor.com
T H E H OU S I N G M A R K E T I S
NO RMAL I Z I NG I N 2 0 1 9 Coastal Luxury Real Estate Expert
30-YEAR FIXED INTEREST RATES
850.865.7798 | Bobby@30ALocal.com
www.WelcomeToWatercolor.com
19 Years as a Top Producing Agent Along 30A
The real estate market is projected to have a GREAT year in 2019! Interest rates will rise as price appreciation starts to slow to more normal levels.
WWW.WELCOMETOWATERCOLOR.COM
Watercolor
Sales of new and existing homes will climb as more inventory comes to the market!
ACTIVE LISTINGS
Q3
2000 6.29% Even with rates rising, you can still secure a lower rate than your parents or grandparents did!
2019
8
$2,265,977 AVERAGE ACTIVE LIST PRICE
PENDING LISTINGS
HOME PRICES
6.08 6.02
Home Prices in 2019 will appreciate by:
4.8%
AVERAGE PENDING LIST PRICE
5.96
Freddie Mac
Sold Price
Sold Date
Sold Sold
48 Chapman Oak Way
5
6
3,868
$2,695,000
02/18/19
$2,500,000
06/14/19
433 Western Lake Drive
6
7
6,163
$5,200,000
06/01/19
$5,150,000
06/14/19
Sold
118 Silver Laurel Way
4
5
2,833
$1,649,000
03/08/19
$1,500,000
06/12/19
Sold
139 Mystic Cobalt Street
3
4
2,776
$1,449,000
01/08/19
$1,425,000
06/10/19
Sold
270 Spartina Circle
4
5
3,468
$1,895,000
04/03/19
$1,850,000
06/07/19
Sold
295 W Lake Forest Drive
4
5
2,974
$1,549,800
05/13/19
$1,500,000
06/07/19
Sold
54 Thicket Circle
4
5
3,354
$1,950,000
12/20/18
$1,879,050
06/04/19
Sold
506 E Royal Fern Way
5
5
4,345
$2,039,000
04/30/19
$2,039,000
06/03/19
Sold
335 Needlerush Drive
4
5
3,727
$2,795,000
07/23/18
$2,698,000
05/31/19
Sold
46 Pine Needle Way
4
5
2,341
$1,445,000
03/01/19
$1,445,000
05/31/19
Sold
29 Royal Fern Way
4
5
3,489
$1,895,000
03/14/19
$1,815,000
05/29/19
Sold
227 Pine Needle Way
3
4
2,425
$1,349,000
03/28/19
$1,349,000
05/24/19
Sold
325 Western Lake Drive
6
7
3,928
$2,895,000
11/20/17
$2,725,000
05/23/19
Sold
144 E Royal Fern Way
4
5
2,296
$915,000
03/20/19
$885,000
05/23/19
Sold
367 E Royal Fern Way
4
5
3,327
$1,549,000
04/11/19
$1,509,000
05/23/19
Sold
135 Buttercup Street
4
5
2,836
$1,699,000
10/08/18
$1,575,000
05/22/19
Sold
139 Silver Laurel Way
3
3
2,025
$1,199,000
01/10/19
$1,102,500
05/17/19
Sold
28 Red Cedar Way
4
4
2,812
$1,550,000
05/06/19
$1,550,000
05/06/19
Sold
24 Bluestem Lane
3
5
2,908
$1,495,000
07/29/17
$1,462,500
04/26/19
Bobby Johnson and 30A Local Properties are not in any way affiliated with Watercolor Home Owners Association, nor is this in any way an official advertisement or publication of Watercolor. ©2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Emerald Coast Association of Realtors (ECAR) between February 1st, 2019 and June 18th , 2019. Listings and sales may not be those of 30A Local Properties. The ECAR MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Fannie Mae
MBA
NAR
J O H N AT H A N A N D A N G E L A- M A R I E , Call me today to find out how the specific market trends in Watercolor could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/
E X P E RT LY N EG OT I AT E D BY B O BBY J OH N S ON G
List Date
6.00
6.00
D IN
List Price
6.07
PE N
Est. Sq. Ft.
LD
Total Baths
6.04
year-over-year
SO
Bedrooms
2018 2019
in millions
According to CoreLogic’s Home Price Index
$1,741,624
6.24
HOME SALES
WATERCOLOR HOMES SOLD IN THE LAST 4 MONTHS (SHOWING 19 OF 29 HOMES) Address
1990 8.12%
Q2
*Historic normal home price appreciation is 3.6%
Status
1980 12.7%
Q4
Real Estate Market Report
Johnathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 850.865.7798.
47
Q1
5.0
1970 8.86%
5.3
5.2 4.9
HISTORIC RATES
139 SILVER LAUREL WAY 3 Beds | 3 Baths | 2,025 Sq. Ft. | Sold for for $1,102,500
33 LYONIA LANE 4 Beds | 4 Baths | 2,020 Sq. Ft. | Listed for $1,184,000