Sandestin, Florida Real Estate Market Conditions. For more detailed analysis call Mike at 850-259-7805. The market is a buyers market in the Sandestin, FL area. Predominantly, newer properties in Sandestin Golf and Beach Resort are holding their value though we are seeing some properties selling just below asking price due to supply. Older properties are seeing more price reductions as well as some of the newer condo developments on the north side of the Baytown Wharf. Supply is high making for an interesting time to negotiate and buy properties at good values; something we have not seen in a while. Make sure to see a valid CMA (Comparative Market Analysis).
Sandestin Real Estate - Last 90 Days thru 11/18/06
Active Homes for Sale: 162 Number of Homes Sold: 15, Pending: 9 Average Sold Price: $883,100
Active Condos for Sale: 459 Number of Condos Sold: 13, Pending: 12 Average Sold Price: $904,192
Active Lots for Sale: 92 Number of Lots Sold:2,Pending: 2 Average Sold Price: $412,500
Approximate Location Boundaries:Sandestin, FL is located approximately 8 miles east of Destin FL city limits and just west of Santa Rosa Beach, residing in Miramar Beach FL on Northwest Florida´s Emerald Coast. The Sandestin, FL area Sandestin Golf and Beach Resort is a gated resort encompassing approximately 244 acres that extends from the beach of the Gulf of Mexico to the Choctawhatchee Bay. Sandestin Golf and Beach Resort was established in the late 70´s and is internationally known for it´s championship golf courses, white sand beaches, multiple Conference Centers, and time-share vacation packages offered through Club Intrawest. This Beach, Boat and Golf Lovers Paradise is the leader in full service, fine golf and beach resorts. Amenities and the vacation lifestyle in Sandestinattracts many permanent homeowners, second home buyers, and real estate investors alike. Sandestin Lifestyle includes Signature Golf Courses, Bay Front Marina, Beach Club, Beach Front Dining, Championship Tennis Facilities, Fitness and Spa Centers, Shopping, and Nightlife with Live Entertainment at Baytowne Warf.