Chandler’s Report for Walton County Real Estate — 2nd Quarter 2014

Published: Wednesday, July 23, 2014 at 02:58 PM.

Sales volume and average prices were mixed throughout Walton County in the second quarter of 2014 compared to the second quarter of 2013. 

The Emerald Coast of Realtors (ECAR) reported a total of 940 residential sales in the second quarter of 2014, down 10 percent from 1040 sales in the second quarter of 2013. Of these, there were 215 vacant lot and land sales, unchanged from 215 in the second three months of 2013.

The average price of all land sales was $258,039, up 21 percent from the second quarter 2013 average of $231,130. There were 513 home sales, down from 546 in the first three months of 2013 with an average price of $549,702, up 4 percent from $529,757.  A more detailed breakdown by area follows.

Miramar Beach / Sandestin:

There were 14 vacant lot sales, down from 39 in the second quarter of 2013. The average price was up, from $181,529 to $321,386. There were 91 single family and townhome sales, down 14 percent from 106 in the second three months of 2013.

Condominium sales were also down, with 132 in the second quarter of 2014 and 139 in the same time period of 2013. The average price of a single family home was $539,825, up 3 percent from $522,067. Per square foot, the average price was $235, up 13 percent from $208 last year. In the second quarter of 2014, the average price of condos was up 11 percent, from $320,994 to $355,886 this year with an average price per square foot of $260, up 6 percent from $245.

30A Area, West of Grayton Beach State Park :



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