Bobby Johnson-Watercolor-May 2019

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 N E 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!

15 SAND CLIFF DRIVE | 5 Beds | 5 Baths | 2,937 Sq. Ft. Listed for $1,349,000

ACTIVE!

ACTIVE!

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams 55 BRENDA LANE | 5 Beds | 7 Baths | 4,463 Sq. Ft. Listed for $2,549,000

52 CAMP CREEK POINT DRIVE | 4 Beds | 6 Baths | 4,932 Sq. Ft. Listed for $2,745,000

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

N O R M A L I ZI N G I N 2 0 1 9 Coastal Luxury Real Estate Expert www.WelcomeToWatercolor.com

19 Years as a Top Producing Agent Along 30A

WWW.WELCOMETOWATERCOLOR.COM

Watercolor

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.

4.9 Q1

5.0

1980 12.7%

Q4

Q3

1990 8.12% 2000 6.29%

Q2

Even with rates rising, you can still secure a lower rate than your parents or grandparents did!

2019

Real Estate Market Report

HOME PRICES

in millions

6.08

According to CoreLogic’s Home Price Index 6.02

AVERAGE ACTIVE LIST PRICE

year-over-year

Address

Bedrooms

Total Baths

Est. Sq. Ft.

List Price

List Date

Sold Price

Sold Date

Sold

24 Bluestem Lane

3

5

2,908

$1,495,000

07/29/17

$1,462,500

04/26/19

Sold

11 Calamint Court

4

5

3,324

$2,150,000

10/04/18

$2,050,000

04/24/19

Sold

5 Bluestem Lane

6

6

3,700

$1,795,000

08/10/16

$1,560,000

04/22/19

Sold

464 E Royal Fern Way

4

5

2,852

$1,375,000

12/03/18

$1,100,000

04/15/19

Sold

736 Western Lake Drive

3

4

2,038

$1,499,000

02/11/19

$1,420,000

04/12/19

Sold

257 Scrub Oak Circle

4

4

2,388

$1,475,000

02/23/19

$1,450,000

04/12/19

Sold

360 Spartina Circle

4

4

2,479

$1,295,000

12/17/18

$1,245,000

04/11/19

Sold

116 Bluejack Street

4

5

3,096

$1,825,000

01/17/19

$1,800,000

04/08/19

Sold

53 Sandy Creek Circle

4

5

3,520

$1,923,000

02/18/19

$1,910,000

04/01/19

Sold

240 Needlerush Drive

5

5

3,116

$1,699,000

09/03/18

$1,605,000

03/15/19

Sold

434 Western Lake Drive

4

5

3,366

$1,695,000

06/15/18

$1,600,000

02/28/19

Sold

157 Sunflower Street

6

7

3,771

$1,695,000

09/06/18

$1,600,000

02/08/19

Sold

58 Mystic Cobalt Street

3

4

2,660

$1,699,000

04/23/18

$1,415,000

01/23/19

Sold

134 Royal Fern Way

4

4

2,646

$995,000

11/19/18

$989,000

01/10/19

Sold

10 Cove Hollow Street

6

8

5,661

$4,995,000

04/04/18

$4,600,000

01/02/19

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 January 1st, 2019 and May 1st, 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.

Freddie Mac

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 us 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/

F E AT UR E D L I S T I N G S B O B BY J O H N S O N G

Status

6.00

6.00 5.96

*Historic normal home price appreciation is 3.6%

WATERCOLOR HOMES SOLD IN THE LAST 4 MONTHS

6.07

IN

PENDING LISTINGS

 4.8%

6.04

D

AVERAGE ACTIVE LIST PRICE

$1,796,615

2018 2019

PE N

13

$2,263,809

6.24

HOME SALES

Home Prices in 2019 will appreciate by:

ACTIVE LISTINGS

1970 8.86%

5.3

5.2

Sales of new and existing homes will climb as more inventory comes to the market!

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

HISTORIC RATES

30-YEAR FIXED INTEREST RATES

850.865.7798 | Bobby@30ALocal.com

33 LYONIA LANE 4 Beds | 4 Baths | 2,020 Sq. Ft. | Listed for $1,184,000

139 SILVER LAUREL WAY 3 Beds | 3 Baths | 2,025 Sq. Ft. | Listed for $1,119,000