Robin Knows 30A

What is fueling the 30A Real Estate Market?
 

A question that I get asked almost on a daily basis is “What is fueling the 30A market?”  In a nut shell it is supply and demand.  I’m sure you remember Economics 101, well it is at work here on 30A. 

Last year at this time there were 1,031 active listings and this year there are 505 active listings.  A decrease of 51%.  Buyers have half the properties to choose from this year!  Last year at this time there were 614 new listings and this year there are 245 new listings.  Buyers that are looking for that particular property are having to wait longer to find it. 

Last year at this time sales volume along 30A for condos, attached single family and detached single family was $451,037,444 and this year it is $499,954,000.  This is an increase of 11% with half the inventory from a year ago.  The average sales price has jumped from $740,620 to $786,091 for an increase of 6%. 

So what does all this mean?  If you are considering selling, now is a great time to list your property.  You have half the competition of a year ago.  If you are considering buying, there is no time like the present.  The average sales price is increasing and has been now since 2012.  Waiting will cost you money. 

I’m happy to discuss our market in more detail with you. You can reach me on my cell at 850-570-7290.  I answer my phone!  

Greetings from the beach.  

Robin

Beautiful Beaches on Scenic Hwy 30A