Special offer

WaterColor Sales Statistics 2016

By
Real Estate Broker/Owner with Latitude Resort Properties BK3105162

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 Real Estate

 

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