Walton County Trends Report March 2011

Ahhhhhhhhhh, Walton County.  Sales are climbing.

Let’s take a look. 

Single Family Homes

Year to date 354 home sales.  Up 6.95% over same period last year.  Homes sell for 91.37% of list price on average.

Condos/Townhomes

Year to date 258 sales.  Up 17.27% over same period last year.  Condos are selling for 88.21% of list price on average for the year.

Lots

429 Lots have sold year to date.  Up 16.89%.  Lots are selling for 79.92% of list price on average for the year.

 Lis Pendens or Notices of Foreclosures are down for the year by 67%.  I think we have seen these coming down for some time now.  Soon we won’t have many left in the market place.

If you are waiting to buy. . . I am asking why?  What’s stopping you from getting some of the best deals in the market on the Gulf of Mexico today?  It is still a buyer’s market with interst rates low, a year’s worth of inventory in most categories, and some leftover foreclosures out there yet to be had.

I am seeing price increases for the first time in a long time beginning to hit the local MLS.

My advice, don’t wait too long.  Looking to work with a Certified Buyer’s Representative, please call me.

You can also download my iPhone App for free for your mobile searches.  Go to your app store and download Kelly Klein.  See you at the beach!

Warmly yours,

Kelly Klein, Lifeguard Real Estate (when your life depends on it) 850-420-2480

Destin, Sandestin, Miramar Beach, Santa Rosa Beach, Dune Allen Beach, Gulf Place, Blue Mountain Beach, Grayton Beach, Watercolor, Seaside, Seagrove, Seacrest, Alys Beach, Rosemary Beach, Panama City Beach