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Wow, what a difference all the pre-construction sales of the past made. The condo market remains pretty flat at this point and won't turn until after detached homes do. It could be a while before the stability is back in the condo market, but there are some hurting sellers out there. These are Condos between Destin and Inlet Beach. Sales and Inventory Report Category - Condominiums
Statistics for Entire MLS from 1/1/2006 - 12/31/2008 | MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory January| 2006 | 101 | $366,592 | $352,421 | 32.59 | 4.02% | 2458 | 24.33 | February| 2006 | 72 | $360,010 | $339,241 | 54.29 | 6.12% | 2637 | 36.62 | March| 2006 | 69 | $616,396 | $584,043 | 146.78 | 5.53% | 2868 | 41.56 | April| 2006 | 53 | $636,721 | $577,793 | 123.16 | 10.19% | 3206 | 60.49 | May| 2006 | 63 | $566,961 | $518,750 | 103.88 | 9.29% | 3412 | 54.15 | June| 2006 | 71 | $692,442 | $650,855 | 144.59 | 6.38% | 3549 | 49.98 | July| 2006 | 204 | $482,148 | $467,478 | 136.82 | 3.13% | 3595 | 17.62 | August| 2006 | 175 | $629,118 | $611,276 | 132.86 | 2.91% | 3533 | 20.18 | September| 2006 | 87 | $650,243 | $615,947 | 312.57 | 5.56% | 3408 | 39.17 | October| 2006 | 77 | $657,777 | $638,942 | 374.84 | 2.94% | 3257 | 42.29 | November| 2006 | 53 | $730,598 | $697,011 | 138.90 | 4.81% | 3184 | 60.07 | December| 2006 | 30 | $673,999 | $618,960 | 237.64 | 8.89% | 3115 | 103.83 | Total:| 1055 | $567,508 | $540,729 | 149.15 | 5.82% | 3185 | 45.86 | MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory January| 2007 | 269 | $511,627 | $499,668 | 211.80 | 2.39% | 2987 | 11.10 | February| 2007 | 109 | $475,540 | $458,366 | 270.15 | 3.74% | 3065 | 28.11 | March| 2007 | 148 | $479,263 | $468,256 | 231.69 | 2.35% | 3186 | 21.52 | April| 2007 | 81 | $542,624 | $518,573 | 268.78 | 4.63% | 3347 | 41.32 | May| 2007 | 94 | $771,954 | $715,981 | 243.81 | 7.81% | 3359 | 35.73 | June| 2007 | 124 | $985,677 | $932,906 | 212.87 | 5.65% | 3409 | 27.49 | July| 2007 | 86 | $891,493 | $840,552 | 272.18 | 6.06% | 3356 | 39.02 | August| 2007 | 59 | $741,864 | $698,110 | 231.95 | 6.26% | 3329 | 56.42 | September| 2007 | 47 | $711,240 | $667,100 | 197.84 | 6.61% | 3210 | 68.29 | October| 2007 | 39 | $802,089 | $740,141 | 197.02 | 8.36% | 3102 | 79.53 | November| 2007 | 37 | $673,362 | $599,382 | 297.30 | 12.34% | 2965 | 80.13 | December| 2007 | 46 | $581,998 | $530,331 | 289.50 | 9.74% | 2864 | 62.26 | Total:| 2194 | $608,336 | $578,577 | 374.15 | 12.15% | 6366 | 91.77 | MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory January| 2008 | 28 | $885,353 | $790,892 | 332.39 | 11.94% | 2634 | 94.07 | February| 2008 | 24 | $428,763 | $391,820 | 253.00 | 9.42% | 2604 | 108.50 | March| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | April| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | May| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | June| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | July| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | August| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | September| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | October| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | November| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | December| 2008 | 0 | 0 | 0 | 0.00 | 0.00% | 0 | 0.00 | Total:| 2246 | $609,870 | $579,228 | 419.18 | 13.93% | 6803 |
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