Recently I wrote a summary on home sales in Rosemary Beach.
This week I’ll share data from WaterSound and WaterColor, comparing those annual sales with Rosemary Beach.
Though two of these communities, WaterColor and WaterSound, were developed by St Joe, each of these developments is unique and distinct from the other.
The inventory of homes listed for sale in Rosemary Beach, Florida peaked at 107 in June 2009. December 2010 ended with 66 homes actively listed for sale in Rosemary Beach, 38% less than the peak inventory. We haven’t seen inventory levels this low since the end of 2005.
Let's break it down and take a closer look . . .
Rosemary Beach Inventory of Homes from Years 2000-2010
As 2011 rang in, so did real estate sales figures, closing out 2010. Over the next few weeks, I will report details on different segments of the real estate market in SoWal.
Many people have asked how 2010 compares to previous years and I now have the answers.
Typically, home sales in South Walton, Florida tend to fall off after the end of the busy summer. Last year surprised us with higher than usual sales in the fall, and this year is also shaping up nicely.
October seems to bring the best weather along with the most brilliant emerald-green gulf water and some of the best sunsets of the entire year. 2010 was no exception.
Recently, someone showed me a graph of average price sales for homes in Walton County, noting that prices had no where to go but down.
I compiled sales data back to 2003 from Emerald Coast Association of Realtors, but using a better indicator, median sales price, and limiting the sales to South Walton.
It would be short of me to cover real estate without talking about why people want to be at the beaches in South Walton.
The cool weather blew in out of the north just in time for Fall at the beaches in South Walton.
Most vacationers have returned to work and school, leaving the most beautiful time of the year in SoWal to the locals and the occasional visitors.
After two months of slower real estate sales in Sowal, many people are wondering what happened with sales in August.
For this article, I’ll concentrate solely on detached homes sold in Rosemary Beach, one of the most sought after developments in South Walton.
Will August Bring More Sales? In South Walton, we have been very fortunate that our beaches haven’t seen much effect from the BP oil disaster in Louisiana.
It seemed like many prospective buyers put their purchase on hold, waiting to see what would happen to the beaches, and to the prices.
With so many people talking about the doom and gloom of the oil disaster in the Gulf of Mexico, along with overhearing a few other Realtors mentioning their buyers backing out of a contract or two, surprisingly sales for May 2010 in South Walton are positive.
