Thursday, November 17, 2011

Happy Days for 30A Real Estate?

Are happy days here again along 30A? Looks like it. Tourism hit new records, and real estate sales are all up.
For example: Compare the real estate sales volume in 2009, which bottomed with 949 transaction in residential sales in the first 3 quarters to the 2011 volume which hit 1536 transactions the first 3 quarters. In 2010 there were 1142 transactions in the first 3 quarters so the trend continues to march upward.

Average sales: 2009 at $404,797, 2010 at $360,017 and 2011 coming in at $365,631 - so far.

This information reflects South Walton zip codes 32459 and 32413 and includes residential land, houses and condos and was found in Metro Market Trends, a respected industry source. I'm happy to supply the graph so you can have a look for yourself.

It’s all about the beaches in Walton County. Our beautiful Gulf of Mexico beaches drive the economy here and as previously noted, South Walton has had a really, really good year. I can’t tell you what the global or national economy is going to do, but I can tell what a few lucky people on this earth are going to do, and that is be in South Walton, and there is only so much of it. So have a look at 30A property and come and get your slice.

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