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 | ||||
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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 |