FORGOTTEN COAST MARKET UPDATE FIRST HALF 2015
Sheryl Bradley, Realtor
850-227-5233 Direct
Speculation is over…… the real estate market along the Forgotten Coast is as hot as the 100+ degree temperatures we have experienced the last couple of weeks.
The first half of 2015 has been good with a shocking 426 properties sold year to date from Mexico Beach to Indian Pass.
Properties that are priced right are selling in less than 70 days.
Below is a breakdown of sales by area.
SOLD Properties Cape San Blas/ Indian Pass/ Scenic Hwy 30
A total of properties sold in the Cape San Blas area ranging in price from $154,000 for a beach side cottage to $1,395,000 for a gulf front executive home. The average days on the market was 68. This is a substantial drop from 206 days on the market average last year at this same time. Additionally, the average sales price has increased from $440K last year to $489K so far in 2015. in the Cape San Blas area. Ironically, lots averaged the same number of days on the market with a median sales price of $110K. 44 lots sold for under $100K.
SOLD Properties Mexico Beach/St. Joe Beach/Windmark
With a total
of sales compared to 80 last year, Mexico Beach residential sales are up 31% and were sold. Like the Cape, the average days on the market has dropped from 143 last year to 54 days on the market this year and the median sales price has risen from $219K last year to $250K year to date.
Of the lots sold, 35 were under $50K. Most were lots in communities within a golf cart ride to the
SOLD Properties Port St. Joe
The biggest surprise is the drastic increase in sales in the Port St Joe area.
This time last year a total of 42 properties had sold.
Year to date we have sold a told of in the Port St Joe community.
This is double the number of properties sold last year.
We have had an increase in families looking for second homes, close to the water, within walking distance to our revitalized downtown. Buyers are choosing not to pay coastal insurance prices and drive or boat to the beach. This trend will probably continue because there are currently 16 properties under contract in Port St. Joe.
SOLD Properties North Gulf County
The north end of the county has shown an increase in sales with sold year to date.
Most are lots near the river or weekend fish camps.
If you are considering selling, call today for a no obligation assessment of value for your property.
Buyers, call today for all of the best buys!
Sheryl Bradley
850-227-5233 Direct
Beach Realty of Cape San Blas
4975A Cape San Blas Rd – Cape San Blas
223 Reid Avenue – Port St Joe
110 Barrier Dunes Dr – Barrier Dunes Community
All sales information per Gulf/ Franklin County Realtor’s Association Multiple Listing Service.
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CELEBRATE OUR FREEDOM
FIREWORKS OVER THE ST. JOSEPH BAY
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SALT AIR FARMER’S MARKET
SATURDAY, JULY 4TH
DOWNTOWN PORT ST JOE
9AM – 1 PM
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GULF FRONT TURNKEY TOWNHOME
BEAUTIFULLY FURNISHED AND MOVE IN READY
PRICED TO SELL!
6145 NASSAU LANE
BEST BUY ON CAPE SAN BLAS! Designer furnishings and the best sunset views on the Cape! This well appointed 2BR/2.5BA home is beautifully furnished and boasts panoramic views of the sugar white beaches and emerald green waters of the Gulf of Mexico. Enjoy your morning coffee on the private balcony off of the master suite or watch the kids play in the sand from the covered deck off of the living area. Completely renovated including, custom kitchen, fresh paint inside and out, newer roof, newer A/C, tile flooring throughout and a wall of glass in the open living area to maximize the fabulous view. This is the perfect weekend retreat or a lucrative income producing property. Must see to appreciate all the attention to detail.
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There is no better place to bring dad for Father’s Day than Cape San Blas.
He can enjoy kayak fishing in the bay, offshore fishing in the Gulf of Mexico or catch a big bass in Wetappo Creek.
Happy Father’s Day to all the dads from Beach Realty of Cape San Blas!
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MLS 253750
4360 EBBTIDE LANE
GULF VIEW-X FLOOD-GREAT LOCATION! This 2BR/2.5BA unit is situated in a small community on the north end of Cape San Blas. Enjoy the view from the swing on the front porch or have your morning coffee from the private balcony off of the master bedroom. Great location, steps to the community boardwalk and the sugar white beaches of the Gulf of Mexico. Lucrative rental potential, fully furnished, priced to sell!
CALL SHERYL TODAY FOR ALL THE DETAILS
850-227-5233
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PRICE REDUCED!
MLS 253352
1143 EAST RIVER ROAD
RIVERFRONT…This is the dream property you have been looking for… situated on .65 acres and located on the Chipola River. This custom designed home features 3BR/2BA, open living area, great kitchen with tons of storage, big walk in closets and panoramic views of the river. Enjoy the view from the large back porch or catch dinner in your back yard! This one of a kind home is not your average fish camp. Must see to appreciate the details!
CALL TODAY FOR ALL THE DETAILS
SHERYL BRADLEY
850-227-5233
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According to statistics from our local MLS, a total of in the month of May from Mexico Beach to Indian Pass.
These figures are down a little from last month but there are 119 properties currently under contract.
Below is a breakdown of sales by area for the month of May.
Barrier Dunes
Jubilation Lot
Cape Pointe $305,000
There were 26 properties sold in the Cape San Blas area including a gulf front home on Barbados for $759K and a gulf front residence on Indian Pass for $725K.
Nine lots sold for under $80K including an interior lot in Jubilation for $30K. Two Seacliff condos sold for $245K and $265K. The only home for sale in Ovation sold for $459K. This was $10K more than the list price.
New Construction $237,000
Foreclosure Lot
The Palms $125,000
Of the 27 properties sold this month, ten were lots. A foreclosure interior lot sold for $18K and a fabulous gulf view lot on the bluff sold for $150K.
Three Windmark Subdivision lots sold ranging in price from $62,500 to $91,500. A beautiful, fully furnished custom home in Windmark sold for $388K. A beachside cottage on 35th Street sold for $250K.
Woodward Ave
Marvin Ave. Lot $28,000
Barefoot Cottage $173,000
It was another good month for property sales in Port St Joe with a total of 14 properties sold. Three building lots sold for under $40K. A ten acre commercial parcel on the Gulf County Canal sold for $520K. An executive home on a 1+ acre parcel sold for $295K. Two Barefoot Cottage 3BR homes sold for $173K & 174K.
Now is the time to buy! Don’t let another year go by without owning your own piece of paradise.
Call or email today for information on all properties currently available throughout our area.
Property Owners: If you have been considering selling call me today for a no obligation property value analysis.
We need listings!
We have buyers and inventory is limited.
Sheryl Bradley
850-227-5233 Direct
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“A hero is someone who has given his or her life to something bigger than oneself.”
While enjoying the boat and beach today, remember to be thankful for those who have given their lives for the freedoms we enjoy.
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THIS WEEKEND BEACH REALTY WILL BE HOSTING AN OPEN HOUSE
FEATURING THREE EXECUTIVES HOMES LOCATED IN WEWAHTICHKA.
WHILE IN TOWN FOR THE TUPELO HONEY FESTIVAL, STOP BY FOR A PRIVATE TOUR AND TO GET ALL THE DETAILS ON THESE MOVE IN READY PROPERTIES:
RIVERFRONT CUSTOM HOME
1143 EAST RIVER ROAD
ONE OF A KIND PROPERTY……. $219,900
211 MOSSIE ROAD
PRICED TO SELL QUICK…….. $145,000
SITUATED ON A LARGE LOT AND MOVE IN READY!
177 JAMES DRIVE
3BR/2BA SITUATED ON 1.4 ACRE PARCEL
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BELOW A BUCK: Gas stations throughout Parksville Qualicum Beach, the Co-op in downtown Parksville is pictured above, are selling regular gas for less than $1/litre this week. According , the last time gas was under $1/litre was mid-2009.&&image credit: Auren Ruvinsky photo
posted Jan 15, 2015 at 9:00 AM
BELOW A BUCK: Gas stations throughout Parksville Qualicum Beach, the Co-op in downtown Parksville is pictured above, are selling regular gas for less than $1/litre this week. According , the last time gas was under $1/litre was mid-2009.
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