Destin & 30A Condos For Sale | 1,514 Including Foreclosures

Condos For Sale

Destin Florida & Vicinity

 

Mike Wade

Realtor

(850) 685-0435

sales@emeraldcoast123.com

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Selling your property?  No one in the world sells more real estate than RE/MAX. (850) 685-0435
Featured
Condos For Sale
Condo For Sale
PALMS OF DESTIN CNTR BLDG
Unit # 3111
Beds:
1
Baths:
2
Sq Ft:
1,390
Year:
2007
$235,000
Condo For Sale
ISLANDER BEACH RESORT CONDO
Unit # 303
Beds:
0
Baths:
1
Sq Ft:
448
Year:
1983
$180,000
Condo For Sale
MARAVILLA I
Unit # 2106
Beds:
2
Baths:
2
Sq Ft:
832
Year:
1996
$389,000
Condo For Sale
MARAVILLA III
Unit # 1102
Beds:
3
Baths:
2
Sq Ft:
1,040
Year:
1997
$359,000
hammock man relaxing

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Destin Florida Condo Market Update

August 2016 -- Condo sales .  The Destin area condo market sector has demonstrated continued growth in number of sales since 2009.   Strong buyer demand for local condos has continued unabated.  The chart below illustrates the number of condo sales each year over the past decade.

Destin Condo Sales YTDWhat's fueling the increased number of condo sales?  The growing popularity of our coastal area  fostered by the sheer beauty of our white beaches and blue-green emerald water.  Since 2008 local tourism has nearly doubled.  Condo sales have done the same. Historically low interest rates during the past few years continue to encourage condo sales.

Condo Inventory Trend

Condo Inventory ChartCondo Inventory.  Condo inventory was at its highest point in July 2006 when condo inventory reached 5,047 units.  The record lowest number of condos for sale in recent market history was in November 2004 when condo inventory fell to 1,240 units.  As illustrated on the Condo Inventory chart to the right, the total number of condos currently for sale are near record low.

Condo Price Trend

Condo Sales Price AverageEffect of Low Inventory on the Condo Prices. Current low inventories and record high consumer demand for condos have nudged the average condo price upward over the past 5 years. 

Most local condo markets have seen condo prices rise an average of 4-5% per year.   While owners may wish for a more rapid rise in price, recent history has shown us a slow steady growth of prices in our area we are experiencing now more sustainable and healthy for real estate investment.

Condo Foreclosures

Short Sales & Foreclosed2Foreclosures no longer control the local condo market.  The number of short sales have been falling since 2010 and have diminished to a point where they have little influence on market value. While small in number, they linger within our local condo market as banks slowly release remaining backlog.

If you're buying a foreclosure or short sale expect your offer to be one of several being considered.  Also expect the process to be rigorous with a long wait for the sale to be final and no guarantee of outcome.  Also know the rising prices of condo inventory tends to make banks and other mortgage holders less likely to sell at bargain prices.  Proceed with caution and with a clear view of the condos actual value is advised.  THey are not always priced as a bargain.

Condos for For Sale

Please let us know if I may assist you in obtaining detailed information for properties located in any of the following cities or regions below.

Emerald Coast Map
Area
Condos
Town Homes
Homes
Lots / Land
Total
DESTIN
422
59
282
0
763
30A WEST
56
14
184
0
254
SANDESTIN
201
22
115
0
338
FORT WALTON BEACH
171
32
273
0
476
MIRAMAR BEACH
228
32
106
0
366
30A EAST
140
23
420
0
583
PANAMA CITY BEACH
184
4
78
0
266
NICEVILLE
18
17
187
0
222
NAVARRE
41
7
66
0
114
PANAMA CITY
49
7
49
0
105
N SANTA ROSA BEACH
4
1
157
0
162
FREEPORT
0
7
118
0
125
Total:
1,514
225
2,035
0
3,774

Condos for sale -- Search by City and Complex

Condos for sale - sorted by City and Complex -- we now provide a way for you to search for all Condos for sale at over 1,200 neighborhoods within 25 miles of Destin.  Use the links below to find your favorite condo for sale, bookmark the page, and return often to keep track of local condo inventory and prices.

About Our Site

IMPORTANT NOTE: All information provided on this site is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

RELIABILITY: RE/MAX Paradise Properties strives to ensure the accuracy of the data contained within this site. Information is deemed reliable, but is not guaranteed.

Main  |   Condos By Complex  |   Condos By Price  |   Homes By Subdivision  |   Homes By Price

Selling your property?  No one in the world sells more real estate than RE/MAX.  (850) 685-0435

Re/Max Paradise Properties
12815 Highway 98 West
Destin FL 32550
(850) 685-0435