No surprises really. Hammock Bay continues to be the premier choice north of the Bay. Randy Wise builders is now building in Hammock Bay. Their model home will soon be completed.
Biggest surprise? Simply that values declined in Destin! On the Gulf? Really??? In 2014 there were 314 sales. In 2015 there were 298 sales.
NOTE: This data does not include Sandestin Baytowne Resort. Biggest surprise? The staggering increase in the number of sales. In 2014 there were 271 sales. In 2015 there were 360 sales. I’ve never seen a YOY increase in sales like that. Why? A space oddity. Sorry, can’t give it all away for free. It will ...
Biggest surprise? The staggering – but not unprecedented – 18% increase in the median sale price from 2014 through 2015. This was great news for those who sold in 2015. Not so good moving forward. Because no way an 18% per annum increase is sustainable infinitum. The DOM is relatively stable at 133 as is ...
Biggest surprise? The staggering – but not unprecedented – 19% increase in values from 2014 through 2015. This was great news for those who sold in 2015. Not so good moving forward. Because no way a 19% per annum increase is sustainable infinitum. The DOM has increased. The SLP has decreased. Supply has increased. ...
Biggest surprise? The staggering – but not unprecedented – 14% increase in values from 2014 through 2015. This was great news for those who sold in 2015. Not so good moving forward. Because no way a 14% per annum increase is sustainable infinitum. Owners, get it while you can – only if you are moving ...
Biggest surprise? 5 year historical trend.
I haven’t appraised in Crestview in quite some time. I heard there were a LOT of foreclosures.
I started my appraisal career in Bay County 12 years ago. I do a good bit of VA appraisals in Bay County.
Sellers: There’s Plenty of Inventory. Lower your prices if you’re motivated. Buyers: Negotiate hard. Start low. Plenty of Inventory.
