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

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

There were 49 vacant lot sales, down from 58 in the second quarter of 2013. The average price was down 35 percent, from $238,858 to $154,000. There were 57 single family and townhome sales, down from 76 in the second three months of 2013. Condominium sales were also down, with 20 in the second three months of 2014 and 31 in the same time period of 2013. The average price of a single family home was $502,875, down 9.5 percent from $555,944.

Per square foot, the average price was $234, slightly up from $232 last year.  The average price of condos was also down, from $539,416 in the second quarter of 2013 to $416,850 but the average price per square foot was $289, up from $284 last spring.

30A Area, East of Grayton Beach State Park :

Single family and condominium sales continue to dominate this area, up 14 percent from the second three months of 2013. There were 162 single family and townhome sales, up from 151. Condominium sales were also up, with 62 in the second three months of 2014 and 45 in the same time period of 2013.

The average price of a single family home was $1,013,918 up from $1,008,463 in the second three months of 2013. Per square foot, the average price was $375, down from $389 last year. In the second quarter of 2014, the average price of condos was dramatically up, from $369,545 in the second quarter of 2013 to $581,088 and the average price per square foot was $409, up 41 percent from $290 last February.

There were 60 vacant lot sales, down from 92 in the second quarter of 2013. The average price was up 45 percent from $412,081 to $597,908. There were nine vacant land sales of more than $1,500,000 in the second quarter of 2014, and 5ive in the same time period last year.

South of the Bay, North of Hwy 98 (excluding Sandestin):



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