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 ReportCategory - Condominiums
Statistics for Entire MLS from 1/1/2006 - 12/31/2008
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths InventoryJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberTotal:MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths InventoryJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberTotal:MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths InventoryJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberTotal:

2006	101	$366,592	$352,421	32.59	4.02%	2458	24.33
2006	72	$360,010	$339,241	54.29	6.12%	2637	36.62
2006	69	$616,396	$584,043	146.78	5.53%	2868	41.56
2006	53	$636,721	$577,793	123.16	10.19%	3206	60.49
2006	63	$566,961	$518,750	103.88	9.29%	3412	54.15
2006	71	$692,442	$650,855	144.59	6.38%	3549	49.98
2006	204	$482,148	$467,478	136.82	3.13%	3595	17.62
2006	175	$629,118	$611,276	132.86	2.91%	3533	20.18
2006	87	$650,243	$615,947	312.57	5.56%	3408	39.17
2006	77	$657,777	$638,942	374.84	2.94%	3257	42.29
2006	53	$730,598	$697,011	138.90	4.81%	3184	60.07
2006	30	$673,999	$618,960	237.64	8.89%	3115	103.83
1055	$567,508	$540,729	149.15	5.82%	3185	45.86
2007	269	$511,627	$499,668	211.80	2.39%	2987	11.10
2007	109	$475,540	$458,366	270.15	3.74%	3065	28.11
2007	148	$479,263	$468,256	231.69	2.35%	3186	21.52
2007	81	$542,624	$518,573	268.78	4.63%	3347	41.32
2007	94	$771,954	$715,981	243.81	7.81%	3359	35.73
2007	124	$985,677	$932,906	212.87	5.65%	3409	27.49
2007	86	$891,493	$840,552	272.18	6.06%	3356	39.02
2007	59	$741,864	$698,110	231.95	6.26%	3329	56.42
2007	47	$711,240	$667,100	197.84	6.61%	3210	68.29
2007	39	$802,089	$740,141	197.02	8.36%	3102	79.53
2007	37	$673,362	$599,382	297.30	12.34%	2965	80.13
2007	46	$581,998	$530,331	289.50	9.74%	2864	62.26
2194	$608,336	$578,577	374.15	12.15%	6366	91.77
2008	28	$885,353	$790,892	332.39	11.94%	2634	94.07
2008	24	$428,763	$391,820	253.00	9.42%	2604	108.50
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2008	0	0	0	0.00	0.00%	0	0.00
2246	$609,870	$579,228	419.18	13.93%	6803