Destin FL Real Estate Market Conditions. For more detailed analysis call Mike at 850-259-7805. There has been a 20% price correction on many properties in the Destin area. Investment opportunities are starting to surface 20-30% below previously sold properties. Timing is one of the key factors to finding and securing the right property. If you are looking for the deals, contact me and let me know what you are interested in as I constantly monitor the market and can contact you when the right factors align.
Most condos and homes are selling below asking price. If you are buying, make sure to see a valid CMA (Comparative Market Analysis). With the change in the market, misleading information like past sales prices can make a property appear a better deal than it is. You need to evaluate the market from all angles before considering calling a property a "deal". Some quality properties are starting to balance while lower quality properties are seeing price corrections and in my opinion, could be a while before they reach the bottom.
Destin FL Real Estate last 90 Days from 06/28/2007
Active Homes for Sale: 559, Average Days on Market:182
Number of Homes Sold: 56, Pending: 42
Average Sold Price: $864,475, up from first quarter
Active Condos for Sale: 996
Number of Condos Sold: 46
Average Sold Price: $647,535
Active Lots for Sale: 229
Number of Lots Sold: 1, Pending: 5
Average Sold Price: $365,000
Destin FL Real Estate Last 90 Days thru 11/18/06
Active Homes for Sale: 559, Average Days on Market:182
Number of Homes Sold: 56, Pending: 42
Average Sold Price: $864,475, up from first quarter
Active Condos for Sale: 996
Number of Condos Sold: 46
Average Sold Price: $647,535
Active Lots for Sale: 229
Number of Lots Sold: 1, Pending: 5
Average Sold Price: $365,000
ZIP Codes: 32550, 32541
Approximate Location Boundaries: Destin Florida is in NW Florida between Pensacola and
Location Characteristics: Destin
Destin, FL is one of the cities on The Emerald Coast of Florida with the most appealing clear, gulf waters and sun bleached, white sand in all of
Destin is a part of The Emerald Coast of Florida
Known for its emerald clear waters and bleach white sand, Destin sits on a peninsula, which helps preserve its small town charm and creates an island-style paradise. Surrounded by the Gulf of Mexico and the Choctawhatchee Bay, Destin is a resort and boaters paradise, located between
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About Mike Henderson :
My main goal is to identify properties and communities that match your lifestyle expectations, as well as provide you valid property details for making sound financial decisions. For accurate real estate market conditions in Destin and Walton County, Florida, speak with me before making important financial decisions.
Your interest is my primary concern, not pitching a particular property or selling a property that is "not" right for you. I take my profession seriously and carefully attend to nuances that may be overlooked by others in our immediate area. As a full-time real estate consultant with extensive experience in analyzing real estate from many different angles, I will provide you with pertinent information you need when making offers to purchase and/or pricing your property to sell. My focus is also on building a long-term professional relationship with my customers and clients. Call me direct for in-depth analysis and consultation before making important decisions to buy or sell.
Mike Henderson, REALTOR
Direct Line: (850) 259-7805
REI Real Estate International
Grayton Beach
1414 County Hwy 283 S.
Santa Rosa Beach, FL 32459
Destin, Florida
4399 Commons Dr. Ste 100B
Destin FL 32541