Thursday, February 3, 2011

Destin and Niceville Statistics 1/1/10-1/1/11

Florida real estate statistics can be analyzed in many ways to provide insight into the trends in Florida's real estate market today.  We will begin with the average sales price of sold properties for the year beginning 2010 to 2011 for the North Florida real estate market.  We will then look at longer term data as well as monthly data.

Long term data can help to predict the bottom while monthly statistics can be particularly useful  in determining when to buy and how much you should pay for a parcel of real estate in the Florida Panhandle area, specifically in the Destin and South Walton beach areas.


Destin and Niceville Single Family Home Sales
  1/1/2010 to 1/1/2011
Area # of Sales Total Sales Avg Sales Median Sales
13 Niceville 408 $109,608,563 $268,648 $249,725
14 Destin 276 $126,034,322 $456,646 $322,920
TOTALS 684 $235,642,885 $344,507 $269,95


Destin and Nicevile Condominium Sales
1/1/2010 to 1/1/2011
Area # of Sales Total Sales Avg Sales Median Sales
13 Niceville 13 $1,088,400 $83,723 $94,000
14 Destin 345 $117,942,900 $341,863 $230,000
TOTALS 358 $119,031,300 $332,489 $223,000


Destin and Niceville Residential Land Sales
1/1/2010 to 1/1/2011
Areas:13,14
Area # of Sales Total Sales Avg Sales Median Sales
13 Niceville 65 $5,667,193 $87,187 $80,000
14 Destin 43 $10,950,600 $254,665 $160,000
TOTALS 108 $16,617,793 $153,868 $90,500