Destin, South Walton market is moving!

Here’s a brief but very significant market update with data compiled by our Broker Chip Jervis:
· Since January 1, 2009, Prudential Coastal Properties has taken 102 new listings, with a dollar volume of $82,548,998.
· Also since January 1, 2009, we have also posted 52 new pending and/or closings.
· Since Feb. 20, 2009, Prudential Coastal Properties has added 32 listings and 38 new pending/ closings.

Based on data collected since January 1, 2009, from our area-wide Emerald Coast Association of Realtors Multiple Listing Service:
· Combined Residential (single family homes, attached units and condos): 386 Contingents, 1106 Pending.
· Residential Land: 24 Contingent, 87 Pending.
· Commercial: 10 Contingent, 20 Pending.
· Combined Residential: 626 Closed.
· Residential Land: 62 Closed.
· Commercial:17 Closed.

Bottom line: the real estate market is moving. Buyers and Sellers had best get moving, too.

Questions? Contact Jennifer Howard at 850-585-7334 or jennifer@MyDestin.info.