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Destin Market Statistics for March (Single Family Homes)

By
Real Estate Agent with Clay and Company,LLC

These statistics are for sales of single family homes in Destin through Inlet Beach.

I think we will see a large jump in closings for April. The market has been buzzing for the last month. Every Realtor I speak with has actually been working lately!

I now have over $8,000,000 either closed or set to close in the next 30 days. That's more than I have done in the previous 2 years and it's only April. If that's not a sign of market improvement, I don't know what is. If you have any questions please don't hesitate to ask.

Sales and Inventory Report
Category - Detached Single Family
Statistics for Entire MLS from 1/1/2006 - 12/31/2008
Areas:14,15,16,17,18

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
January 2006 42 $944,555 $877,819 148.16 7.60% 1826 43.47
February 2006 49 $804,299 $756,378 129.93 6.33% 1933 39.44
March 2006 64 $795,214 $738,496 127.73 7.68% 2083 32.54
April 2006 42 $1,213,502 $1,084,967 130.33 11.84% 2319 55.21
May 2006 59 $821,216 $757,928 166.62 8.35% 2484 42.10
June 2006 60 $801,315 $717,626 140.91 11.66% 2574 42.90
July 2006 68 $872,029 $785,669 154.73 10.99% 2642 38.85
August 2006 58 $947,416 $893,224 151.72 6.06% 2588 44.62
September 2006 47 $1,104,089 $1,044,400 122.68 5.71% 2603 55.38
October 2006 54 $1,198,674 $1,085,905 150.01 10.38% 2507 46.42
November 2006 34 $890,405 $821,695 199.52 8.36% 2401 70.61
December 2006 41 $992,745 $908,699 176.07 9.24% 2358 57.51
Total: 618 N/A N/A N/A 8.68% 2359 47.42
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
January 2007 35 $986,548 $878,286 196.51 12.32% 2237 63.91
February 2007 45 $872,323 $755,832 217.13 15.41% 2313 51.40
March 2007 61 $927,461 $849,824 208.06 9.13% 2415 39.59
April 2007 66 $927,835 $851,846 176.06 8.92% 2530 38.33
May 2007 67 $962,431 $852,637 232.10 12.87% 2650 39.55
June 2007 74 $1,169,505 $1,051,423 192.72 11.23% 2699 36.47
July 2007 72 $991,276 $885,040 210.56 12.00% 2739 38.04
August 2007 66 $1,021,511 $905,199 215.36 12.84% 2717 41.16
September 2007 48 $841,265 $776,862 154.52 8.29% 2688 56.00
October 2007 49 $830,587 $749,496 209.86 10.81% 2585 52.75
November 2007 39 $1,011,455 $891,039 162.83 13.51% 2570 65.89
December 2007 51 $826,026 $742,499 213.04 11.24% 2494 48.90
Total: 673 N/A N/A N/A 11.55% 2553 47.66
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
January 2008 46 $717,685 $660,467 203.53 8.66% 2392 52.00
February 2008 49 $716,614 $606,238 246.77 18.20% 2372 48.40
March 2008 58 $638,490 $576,050 187.14 10.83% 2351 40.53
April 2008 0 0 0 0.00 0.00% 2333 0.00
May 2008 0 0 0 0.00 0.00% 2336 0.00
June 2008 0 0 0 0.00 0.00% 2336 0.00
July 2008 0 0 0 0.00 0.00% 2336 0.00
August 2008 0 0 0 0.00 0.00% 2336 0.00
September 2008 0 0 0 0.00 0.00% 2336 0.00
October 2008 0 0 0 0.00 0.00% 2336 0.00
November 2008 0 0 0 0.00 0.00% 2336 0.00
December 2008 0 0 0 0.00 0.00% 2336 0.00
Total: 153 N/A N/A N/A 3.14% 592 11.74

 

Grand Total: 2006 - 2008 1444 N/A N/A N/A 7.79% 1835

 

www.JoshMcleanHomes.com