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Forgotten Coast Q3 2026 Market Report

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Q3 2026

Market Report FORGOTTEN COAST


Resilient | A Market Finding Its Balance The Forgotten Coast delivered one of Northwest Florida’s most notable performances in the third quarter of 2026, demonstrating the resilience and enduring appeal of this distinctive stretch of Florida. Sales increased 40% year over year, while sold volume rose 67% and average sold prices climbed 19%. Average days on market also improved, declining from 119 to 112 days. Strength extended across several of the region’s signature communities. St. George Island recorded a 60% increase in sales and a 121% increase in sold volume, while Cape San Blas saw sales rise 19% and sold volume increase 48%. Mexico Beach and St. Joe Beach experienced especially strong transaction growth, with sales nearly doubling from the third quarter of 2025. While the scale and character of each community remain distinctly its own, the broader trend is clear: buyers continue to recognize the value of the Forgotten Coast’s natural beauty, sense of place, and singular lifestyle. The quarter’s increase in both transactions and dollar volume reflects meaningful demand across a market that remains unlike any other in Northwest Florida. At Berkshire Hathaway HomeServices Beach Properties of Florida, our sales professionals pair deep local knowledge with the reach and resources of a global luxury brand. As interest in the Forgotten Coast continues to evolve, that expertise helps buyers and sellers understand not only what the market is doing, but how opportunities differ from Apalachicola and St. George Island to Cape San Blas, Port St. Joe, Mexico Beach, and beyond.

*Regional figures were calculated by aggregating raw sales and sold volume totals across the applicable markets within each region, excluding overlapping property subsets to prevent double-counting. Percentage change and average sold price were calculated from the combined regional totals rather than by averaging individual market percentages. Days on market is sales-weighted to more accurately reflect market-wide activity.

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


TABLE OF CONTENTS

Forgotten Coast A PA L A C H I CO L A 1 0 S T. G E O R G E I S L A N D 1 2 CAPE SAN BLAS 14 M E X I CO B E A C H / S T. J O E B E A C H 1 6 P O R T S T. J O E 1 8 G U L F CO U N T Y G U L F F R O N T 2 0 S T. G E O R G E I S L A N D G U L F F R O N T 2 2

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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1 FT. WALTON BEACH

Choctawhatchee Bay

98

331

Northwest Florida Beaches International Airport

2

DESTIN

WATERSOUND SANDESTIN ORIGINS BLUE MOUNTAIN BEACH 79 WATERCOLOR SEASIDE SEAGROVE WATERSOUND BEACH ROSEMARY BEACH

3

PANAMA CITY BEACH

Office Locations

4

1. Destin

3. Panama City Beach

151 REGIONS WAY, SUITE 4A DESTIN, FL 32541 850.502.5995

14101 PANAMA CITY BEACH PKWY #170 PANAMA CITY BEACH, FL 32413 850.252.4160

2. 30A

4. St. George Island

28B WATERCOLOR WAY SANTA ROSA BEACH, FL 32459 850.534.3006

140 WEST 1ST STREET, STE B ST. GEORGE ISLAND, FL 32328 850.990.0020

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

West Bay


20

20

231

TALLAHASSEE

LYNN HAVEN PANAMA CITY TYNDALL AFB

MEXICO BEACH

71

Apalachicola National Forest

98

WINDMARK BEACH

PORT ST. JOE

CARRABELLE APALACHICOLA

CAPE SAN BLAS

Apalachicola Bay

EASTPOINT

4 ST. GEORGE ISLAND

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Q3 2026

TOP SALES FORGOTTEN COAST

2 1 4 4 S E A F E R N WAY | Sold at $1.9 million by listing agent Shelley Shepard

3 1 1 T R A I L S E N D WAY | Sold at $1.6 million by listing agents The Brown Team

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


3 3 1 L A N D S T R E E T | Sold at $1.5 million by selling agent Pandora Schlitt

1 2 0 0 E G U L F B E A C H D R I V E | Sold at $1.4 million by listing agent Pandora Schlitt

2 2 3 5 B AY S I D E D R I V E | Sold at $1.3 million by listing agent Shelley Shepard

and selling agents The Johnson Team

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Forgotten Coast

Anchored by the quiet charm of Apalachicola and the unhurried pace of Port St. Joe, with stunning coastal retreats like St. George Island and Cape San Blas filling in the spaces between, the Forgotten Coast earns its name not because it has been overlooked, but because it has resisted the development that reshaped so much of Florida’s shoreline. Miles of undeveloped Gulf beaches, pristine estuaries, and some of the cleanest water in the state set the tone, while Apalachicola’s historic district and thriving arts scene add a creative character you don’t expect from a town this size. This is a place where Florida still feels like Old Florida: unhurried, beautiful, and quietly extraordinary.

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Forgotten Coast | Q3 2026

Average Sold Price by Area

Number of Sales by Area

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Apalachicola S I N G L E F A M I LY H O M E S

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Apalachicola | Single Family Homes Home Value Illustration: 2025 | $526,000 | 2026 | $538,651 | +$12,651 See how the community’s average sale price change would affect a hypothetical home’s value.

$7.7M

18

Homes Sold +6%

$427K

141

Sales Volume

Avg Sales Price

Days on Market

+8%

+2%

+1%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

17

18

+6%

$7,081,150

$7,678,000

+8%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$416,538

$426,556

+2%

$257

$308

+20%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

139

141

+1%

91%

95%

+5%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$740,000 $75,000 32 13

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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St. George Island S I N G L E F A M I LY H O M E S

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


St. George Island | Single Family Homes Home Value Illustration: 2025 | $1,285,000 | 2026 | $1,778,172 | +$493,172 See how the community’s average sale price change would affect a hypothetical home’s value.

$48M

32

Homes Sold +60%

$1.5M

97

Sales Volume

Avg Sales Price

Days on Market

+121%

+38%

-33%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

20

32

+60%

$21,702,750

$48,051,370

+121%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$1,085,138

$1,501,605

+38%

$565

$671

+19%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

144

97

-33%

93%

94%

+1%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$4,310,000

$460,000 94 12

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Cape San Blas S I N G L E F A M I LY H O M E S

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Cape San Blas | Single Family Homes Home Value Illustration: 2025 | $1,423,000 | 2026 | $1,775,362 | +$352,362 See how the community’s average sale price change would affect a hypothetical home’s value.

$44M

32

Homes Sold +19%

$1.4M

118

Sales Volume

Avg Sales Price

Days on Market

+48%

+25%

-26%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

27

32

+19%

$29,757,800

$44,001,650

+48%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$1,102,141

$1,375,052

+25%

$546

$559

+2%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

159

118

-26%

94%

98%

+4%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$5,300,000 $420,000 124 10

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Mexico Beach & St. Joe Beach S I N G L E F A M I LY H O M E S

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Mexico Beach | St. Joe Beach Single Family Homes

Home Value Illustration: 2025 | $759,000 | 2026 | $759,000 | $0 See how the community’s average sale price change would affect a hypothetical home’s value.

$47.6M

68

Homes Sold +94%

$701K

114

Sales Volume

Avg Sales Price

Days on Market

+95%

0%

+20%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

35

68

+94%

$24,460,302

$47,650,081

+95%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$698,866

$700,736

0%

$337

$340

+1%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

95

114

+20%

96%

97%

+1%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$3,425,000 $318,900 137 19

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Port St. Joe S I N G L E F A M I LY H O M E S

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Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Port St. Joe | Single Family Homes Home Value Illustration: 2025 | $515,000 | 2026 | $481,556 | -$33,444 See how the community’s average sale price change would affect a hypothetical home’s value.

$374K

$12M

32

Homes Sold +3%

102

Sales Volume

Avg Sales Price

Days on Market

-3%

-6%

+19%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

31

32

+3%

$12,401,545

$11,970,275

-3%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$400,050

$374,071

-6%

$261

$226

-13%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

86

102

+19%

96%

97%

+1%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$1,300,000

$165,000

23

56

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Gulf County Gulf Front S I N G L E F A M I LY H O M E S

20

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


Gulf County Gulf Front Single Family Homes

Home Value Illustration: 2025 | $2,326,000 | 2026 | $1,994,060 | -$331,940 See how the community’s average sale price change would affect a hypothetical home’s value.

$24.7M

11

Homes Sold +83%

$2.3M

116

Sales Volume

Avg Sales Price

Days on Market

+57%

-14%

+27%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

6

11

+83%

$15,725,000

$24,715,000

+57%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$2,620,833

$2,246,818

-14%

$830

$750

-10%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

91

116

+27%

91%

95%

+4%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$3,425,000 $1,400,000 54 6

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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St. George Island Gulf Front S I N G L E F A M I LY H O M E S

22

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


St. George Island Gulf Front Single Family Homes

Home Value Illustration: 2025 | $2,975,000 | 2026 | $2,834,105 | -$140,895 See how the community’s average sale price change would affect a hypothetical home’s value.

$26.2M

11

Homes Sold +267%

$2.4M

101

Sales Volume

Avg Sales Price

Days on Market

+249%

-5%

+80%

Number of Sales

Sold Volume

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

3

11

+267%

$7,499,000

$26,194,120

+249%

Average Sold Price

Average Sold Price/Sq Ft

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

$2,499,667

$2,381,284

-5%

$850

$989

+16%

Average Days on Market

Percentage of List Price Sold

Q3 2025

Q3 2026

% CHANGE

Q3 2025

Q3 2026

% CHANGE

56

101

+80%

93%

94%

+1%

Highest Sale

Lowest Sale Active Listings

Pending Listings

$4,310,000 $1,375,000 19 2

Q3 2026 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

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Experience Extraordinary LUXURY REAL ESTATE DEFINED

BHHSBEACHPROPERTIES .COM EMERALD COAST SOUTH WALTON BAY COUNTY FORGOTTEN COAST Market data for Q3 2026 as of 10/2/26. Infromation reported is deemed reliable but is not guaranteeed. ©2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.


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