July Destin Home Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 7/1/2011 – 7/31/2011
Areas:14,15,16

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP %SP/OLP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 49 $23,840,502/ N/A $486,540  N/A 151 $303,850  N/A  N/A
Currently Active 654 $579,332,084/ N/A $885,828  N/A 367 $574,950  N/A  N/A
Currently Contingent 133 $59,636,530/ N/A $448,394  N/A 233 $324,000  N/A  N/A

ON MARKET (7/1/2011 – 7/31/2011)
New (7/1/2011 – 7/31/2011) 95 $64,341,133/ N/A $677,275  N/A 22 $375,000  N/A  N/A
Pending (7/1/2011 – 7/31/2011) 75 $43,490,931/ N/A $579,879  N/A 173 $335,000  N/A  N/A

OFF MARKET (7/1/2011 – 7/31/2011)
Sold 68 $37,237,797/$33,196,400 $547,614 $488,182 146 $332,000 89% 84%
Withdrawn 29 $22,855,250/ N/A $788,112  N/A 259 $420,000  N/A  N/A
Expired 37 $37,177,050/ N/A $1,004,785  N/A 310 $725,000  N/A  N/A

June Destin Home Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 6/1/2011 – 6/30/2011
Areas:14,15

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP %SP/OLP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 44 $19,652,297/ N/A $446,643  N/A 152 $375,000  N/A  N/A
Currently Active 535 $546,062,908/ N/A $1,020,678  N/A 360 $695,000  N/A  N/A
Currently Contingent 118 $56,047,638/ N/A $474,979  N/A 216 $343,899  N/A  N/A

ON MARKET (6/1/2011 – 6/30/2011)
New (6/1/2011 – 6/30/2011) 69 $38,720,238/ N/A $561,162  N/A 15 $319,900  N/A  N/A
Pending (6/1/2011 – 6/30/2011) 73 $36,757,536/ N/A $503,527  N/A 144 $357,000  N/A  N/A

OFF MARKET (6/1/2011 – 6/30/2011)
Sold 64 $26,729,149/$24,413,649 $417,642 $381,463 198 $272,500 91% 78%

May Destin Home Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 5/1/2011 – 5/31/2011
Areas: Destin

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 22 $7,018,775/ N/A $319,035  N/A 232 $259,700  N/A
Currently Active 324 $370,057,353/ N/A $1,142,152  N/A 362 $724,950  N/A

ON MARKET (5/1/2011 – 5/31/2011)
New (5/1/2011 – 5/31/2011) 49 $28,358,800/ N/A $578,751  N/A 22 $469,000  N/A

OFF MARKET (5/1/2011 – 5/31/2011)

April Destin Homes Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 4/1/2011 – 4/30/2011
Areas: Okaloosa Island and Destin

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 0 $0/ N/A $0  N/A 0 $0  N/A
Currently Active 8 $4,206,800/ N/A $525,850  N/A 427 $429,450  N/A

ON MARKET (4/1/2011 – 4/30/2011)
New (4/1/2011 – 4/30/2011) 0 $0/ N/A $0  N/A 0 $0  N/A

OFF MARKET (4/1/2011 – 4/30/2011)

March Destin Homes Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 3/1/2011 – 3/31/2011
Areas: Destin, Okaloosa Island

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 0 $0/ N/A $0  N/A 0 $0  N/A
Currently Active 9 $3,714,900/ N/A $412,766  N/A 249 $399,000  N/A

ON MARKET (3/1/2011 – 3/31/2011)
New (3/1/2011 – 3/31/2011) 2 $784,000/ N/A $392,000  N/A 27 $392,000  N/A

OFF MARKET (3/1/2011 – 3/31/2011)

February Destin Home Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 2/1/2011 – 2/28/2011
Areas:  Destin and Okaloosa Island

Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 0 $0/ N/A $0 N/A 0 $0 N/A
Currently Active 9 $3,745,800/ N/A $416,200 N/A 259 $399,000 N/A
Currently Contingent 1 $224,900/ N/A $224,900 N/A 244 $224,900 N/A

ON MARKET (2/1/2011 – 2/28/2011)
New (2/1/2011 – 2/28/2011) 2 $848,000/ N/A $424,000 N/A 30 $424,000 N/A
Pending (2/1/2011 – 2/28/2011) 0 $0/ N/A $0 N/A 0 $0 N/A

OFF MARKET (2/1/2011 – 2/28/2011)
Sold 1 $299,900/$260,000 $299,900 $260,000 154 $260,000 87%
Withdrawn 0 $0/ N/A $0 N/A 0 $0 N/A
Expired 0 $0/ N/A $0 N/A 0 $0 N/A

January Destin Home Statistics

Statistics Summaries Report
Category – Detached Single Family
Statistics for Entire MLS from 1/1/2011 – 1/31/2011
Areas: Destin and Okaloosa Island

  Total Total List/Total Sold Avg List Avg Sold Avg DOM Median Price %SP/LP
MARKET SNAPSHOT AS OF TODAY
Currently Pending 0 $0/ N/A $0  N/A 0 $0  N/A
Currently Active 8 $3,207,800/ N/A $400,975  N/A 259 $362,000  N/A
Currently Contingent 2 $524,800/ N/A $262,400  N/A 199 $262,400  N/A

ON MARKET (1/1/2011 – 1/31/2011)
New (1/1/2011 – 1/31/2011) 0 $0/ N/A $0  N/A 0 $0  N/A
Pending (1/1/2011 – 1/31/2011) 2 $524,800/ N/A $262,400  N/A 199 $262,400  N/A

OFF MARKET (1/1/2011 – 1/31/2011)
Sold 1 $239,990/$239,990 $239,990 $239,990 205 $239,990 100%
Withdrawn 0 $0/ N/A $0  N/A 0 $0  N/A
Expired 0 $0/ N/A $0  N/A 0 $0  N/A

5 Acceptable Short Sale Hardships

Regatta Short Sale Lowery

Has the Regatta Real Estate market changed so much that you are now upside down on your Home, Condo or Land?

It has for a lot of people in Regatta Bay and many of these folks are turning to short sales to get out from underneath the mounting financial pressure.

What is a short sale?

Simply stated a short sale is when you sell for less than what is owed on the mortgage and the bank accepts the amount.

Why would the bank do this?

Well let’s say your financial picture has changed since you bought the property and you are now facing a “financial hardship” that has put you in a position of not being able to make your payments and the possibility of foreclosure is looming. In cases where foreclosure is likely it makes sense for the bank to negotiate a short sale because it is generally costs the bank much less than if they have to take the property back, maintain it while marketing it to a new buyer – all with the possibility of getting less than what was on the table as a short sale.

What are acceptable hardships?

According to HUD – the Dept. of Housing and Urban Development – there are many valid reasons and hardships to be acceptable for default.  Here are 5 of them.

  1. Death of Principal Borrower
  2. Serious Illness of Principle Borrower
  3. Marital Problems (Divorce, Separation)
  4. Unemployment
  5. Lessened Income

These are only 5 of the “Acceptable Hardships for Short Sales” and there are many others so if you are considering a short sale and would like more information about acceptable hardships or any other questions relating to short sales simply contact Keller Williams Realty’s At The Beach Team today and we will be happy to help.

Call John Moran at 850-654-3325 or send an email to JohnMoran@AtTheBeachTeam.com

Azure – High End Luxury

Azure Condo Brings High End Luxury To Okaloosa Island

Search All Active Azure Condos For Sale

Azure raises the standard of beach living.  Residing directly on the beach, this condo marries coastal design with chic beach living. The spacious floor plans offers a large kitchen with stainless appliances and granite counters, family room, Master Suites, 2 -4 guest bedrooms, 2-3 baths and an indulgent balconies.  Enjoy the wonderful amenities of Azure, including 2 pools, 2 hot tubs, a spray park, fitness center and a large boardwalk to the beautiful beach!

Azure Condo Real Estate Update 12/12/2010

18 condos for sale

3 under contract as short sales

1 under contract as a bank REO / Foreclosure

1 under standard sales contract

13 sold this year

View Details Of Current Azure Property For Sale, Pending Sales, Recently Sold and Price Changes


Two Incredible Offers

FREE Azure Condo Monthly Real Estate Updates.

Sign up for our Azure Condo Real Estate Monthly Update and we will email you a report every month showing which Azure Condos have sold, are under contract, are currently for sale and all price changes.  This is incredibly valuable information that anyone who owns at Azure or is interested in an Azure Condo need to have and because we want to be your real estate resource here at the beach we will send it to you - FREE!

FREE Azure Condo Foreclosures and Azure Short Sales

Simply click on the following blue type and we will email you all Azure Condo Short Sales and Azure Condo Foreclosures as they hit the market.  Again, this is incredibly useful information that any Azure Condo owner or potential owners need and we will send it to you free as the listings hit the market as part of our effort to be your real estate resource here at the beach.

Call Today

Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.

Real Estate News

Keller Williams Realty’s At The Beach Team  has a series of Real Estate News Blogs keep you up to date on the area your are interested in.  Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.

The Destin Real Estate News

Kelly Plantation Real Estate News

Regatta Bay Real Estate News

Sandestin Real Estate News

30A Real Estate News

Rosemary Beach Real Estate News

Watersound Real Estate News

Panama City Real Estate News

Investment Real Estate News

Real Estate Foreclosure and Short Sale Alerts

Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.

MREI Interview

With Gary Keller and Jeff and Jim Reitzel.

Click on the link below to hear an exciting interview from 3  Investment Real Estate Millionaires.

Jeff and Jim Reitzel – The Best Investor Seminars

Click on the link to hear an exciting interview between Gary Keller and Jeff and Jim Reitzel

On Friday, March 11th, Keller Williams Realty will be hosting a Real Estate Investment seminar featuring Jim Reitzel.  Click here for more details!


_____________

Call Today

Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.

Real Estate News

Keller Williams Realty’s At The Beach Team  has a series of Real Estate News Blogs keep you up to date on the area your are interested in.  Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.

The Destin Real Estate News

Kelly Plantation Real Estate News

Regatta Bay Real Estate News

Sandestin Real Estate News

30A Real Estate News

Rosemary Beach Real Estate News

Watersound Real Estate News

Panama City Real Estate News

Investment Real Estate News

Real Estate Foreclosure and Short Sale Alerts

Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.

Thinking of Selling or Want to Know the Value of your Property?

I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else.  If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible.  Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.

Either way my team and I sell more real estate here at the beach than almost anyone and we would be happy to help you when the time is right.

Your Real Estate Resource At The Beach

We want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.