Saturday, April 4, 2009

Sandestin Real Estate Report Q1 2009 Homes


This 3,236 sq.ft. Sandestin Home Foreclosure sold for $625,000

Curious about Sandestin Real Estate and how Sandestin Homes Sales played out in the first quarter of 2009? Well lets take a look and see what the numbers tell and hopefully shine a little light on the Sandestin Real Estate market. There were 12 homes sold in Sandestin during the first quarter ranging in price from $205,000 to $750,000. Of the 12 sales 2 were either Short Sale or Foreclosures. It seems the numbers are telling us that the houses selling (4 per month) tended to be the mid range priced properties. Lets take a look.

Total Number of Sandestin Homes Sold (Q1 of 2009): 12
Highest Priced Sandestin Home Sold: $750,000
Lowest Priced Sandestin Home Sold: $205,000
Average Price for a Sandestin Home Sold: $463,333
Average Price Per Sq. Ft. for a Sandestin Home Sold: $232
Average Days On Market for a Sandestin Home Sold: 306
Total Number of Sandestin Homes Sold as Foreclosure or Short Sale: 2

If you would like more information regarding these sales simply call John Moran at 850-654-3325 or email me at john@themoranteam.com


Sandestin Home Foreclosure Currently For Sale listed at $1,939,900

Sandestin Homes For Sale

Ok, as we look at the Sandestin Homes for sale we can see that there are 197 homes currently on the market ranging in price from almost $5 million to as low as $175,000giving buyers a lot to choose from. From the sellers stand point it still a little unnerving that only(4)homes are selling per month creating 49 weeks (just over 4 years)of inventory. Let take a look at what we have.

Total Number of Sandestin Homes For Sale (as of 4/4/2009): 197
Highest Priced Sandestin Home For Sale: $5,299,000
Lowest Priced Sandestin Home For Sale: $175,000
Average Price for a Sandestin Home For Sale: $1,066,545
Average Price Per Sq.Ft. for a Sandestin Home For Sale: $349
Average Number of Days On Market for a Sandestin Home For Sale: 313
Total Number of Sandestin Home Foreclosures or Short Sales: 14

To see Sandestin Homes For Sale or Sandestin Foreclosures and Short Sales go to www.atthebeachfl.com

Sign up for the Sandestin Foreclosures and Short Sale Alert and we will email you every time a Sandestin property comes on the market as a Foreclosure or Short Sale.

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