With it’s town-center master plan, award winning architecture and family friendly amenities, WaterColor is among the most popular developments along Scenic Highway 30A. WaterColor has 25-plus miles of native trails and common area walking paths, 16 ponds, three beach access points, six pools, a rare coastal dune lake (Western Lake) and tributaries, 12 docks that are over the lake or ponds, three gardens, over 30 green areas and parks, and 30,000 plus plants which are planted each year.
Located in Santa Rosa Beach, in the heart of 30A, the 499 acre community, which began development by St. Joe Co. in 2000, is experiencing a strong increase in sales and a related decrease in inventory. In our opinion, when a leading development exhibits a trend such as WaterColor has, it is surely a sign that Northwest Florida’s real estate is strong.
If you are considering buying or selling in the 30A area, check out these recent WaterColor statistics:
When WaterColor is fully built out, it will include 1,140 residences. There are approximately 813 single family homes that have completed construction. There are approximately 43 homes (excluding carriage houses and homes undergoing modifications) currently under construction or that have received approval to begin construction in the coming weeks. There are approximately 65 vacant lots.
WaterColor Homes:
108 WaterColor homes sold in 2016
Lowest Price = $710,000
Highest Price = $5,650,000
Average Price = $1,551,315
Average price per sq. ft. = $488
Average Days on the Market: 181
Watercolor homes are selling for approximately 5% below list price.
There are 14 WaterColor homes under contract.
There are 78 WaterColor homes for sale
WaterColor Condominiums:
3 WaterColor condominiums sold in 2016
Low = $695,000
High = $950,000
Average = $825,000
Price per sq. ft. = $686
Days on the Market: 137
There are 0 WaterColor condos under contract
There are 10 WaterColor condos for sale
WaterColor Lots:
12 WaterColor lots sold in 2016
Lowest Price = $415,000
Highest Price = $1,500,000
Average Price = $734,125
Average Days on the Market = 180
There are 0 WaterColor lots under contract
There are only 12 Watercolor lots for sale
For more information on WaterColor Real Estate contact Richard Eckert at:
Latitude Resort Properties
110 Poseidon Place
Watersound, FL 32461
850-225-0074
richard@eckert.com
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