Discover Your Beach
If one word can characterize the 2021 real estate market along the Northwest Florida Gulf Coast, we choose unprecedented. In a year still filled with much uncertainty and struggle, an unprecedented number of people are finding sanctuary along the Emerald Coast. A nationwide shift in the way we view work and lifestyle has resulted in a surge of interest in finding a place to live, whether part or full time, that feels welcoming and prosperous. Northwest Florida has become just that to many new homeowners.
The past year has been an unprecedented year for real estate sales in our area. We experienced the highest priced single-family home to sell on our shores, a gulf front estate in Alys Beach at $16.9 million. Average sales prices soared in the majority of the communities we serve, up by as much as 38%. Average days on market decreased as demand rose higher than supply in many desirable areas. Our brokerage reached a once unimaginable goal, surpassing over $2.1 billion in annual sales volume.
As we look ahead for 2022, we believe this unprecedented trend of high demand will continue as indicated in every community along our coast by historically low days on the market. We have not experienced this low of a length of time on the market since we began tracking it in 1993. Adding support to this prediction are the robust sales that the market has already experienced in the first weeks of 2022. Our agents are busy with strong buyer demand, and we continue to find off market opportunities for customers to purchase.
With interest rates still favorable for buyers wishing to finance, it is a key time to make educated investment decisions. While we expect some potential headwinds if we do enter a rate-increasing environment, rates are still currently at historical lows and there may never have been a better time to acquire property in our market, provided you plan to hold it for the medium to long term.
For those that may be considering selling, to leave the market or to reposition, we always recommend selling into strength. Therefore, due to what we are seeing in the current market conditions, our market has never been more favorable for sellers. As seasoned experts, our agents can help maximize the sale of your property. Now more than ever, having a trusted and knowledgeable real estate agent representing your best interests whether you are buying or selling property is essential.
Established in 2007 to be a premier real estate company dedicated to extraordinary customer service, our agency became an affiliate of the Berkshire Hathaway HomeServices network in 2016 and wholly owned by HomeServices of America in 2022. Our brand is built on trust, integrity, stability, and innovation, and our customers benefit by being part of a firm that is an international leader in the sales and promotion of its properties. We look forward to another strong year for real estate sales along our coast and feel so blessed to have worked with all the incredible people that we encountered in 2021. We welcome the opportunity to serve you in 2022 and beyond.
Everything You Need To Know
30A | Sandestin | Destin | Navarre- Real Estate Report
Dive into our Annual 2021 Market Report and get a detailed overview of the 30A, Alys Beach, WaterColor, Rosemary Beach, Seaside, WaterSound Beach Sandestin, Destin and Navarre real estate markets. A careful analysis of market trends and data makes this report invaluable to your decision-making process.
Whether you’re interested in homeownership or wondering what your current residence is worth, this report is a perfect resource. You’ll find the most comprehensive data sets for the local real estate market below.
The best decision is an informed decision. We’ll help every step of the way.
Our agency closed over $2,100,000,000.00 sales volume in 2021 alone.
Brad Reese | The Walton Group
Berkshire Hathaway HomeServices Beach Properties of Florida
A 28B WaterColor Way | WaterColor, FL 32459
M 850.797.7930 (Brad)
Awards & Designations
Over $100 million in individual 2020-2021 sales
$2.1 billion brokerage sales along the Emerald Coast