30A Local Properties 35 Clayton Lane, Suite B Grayton Beach, FL 32459 Each office independently owned and operated.
Coastal Luxury Real Estate Expert 850.865.7798 | Bobby@30ALocal.com www.WelcomeToWatercolor.com
R E A L ES TAT E M A R K E T R E P O RT • J U N E 2 019
WATERCOLOR
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
COULD YOUR DREAM HOME BE
JUST A COUPLE OF MILES AWAY? ACTIVE!
15 SAND CLIFF DRIVE | 5 Beds | 5 Baths | 2,937 Sq. Ft. Listed for $1,349,000
ACTIVE!
ACTIVE!
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams 55 BRENDA LANE | 5 Beds | 7 Baths | 4,463 Sq. Ft. Listed for $2,549,000
52 CAMP CREEK POINT DRIVE | 4 Beds | 6 Baths | 4,932 Sq. Ft. Listed for $2,745,000
Johnathan and Angela-Marie, This market report was created especially for you. If you are thinking of making a move to your next dream home, contact me today at 850.865.7798 for a free market analysis of your home.
Presented by Bobby Johnson
Your Watercolor Real Estate Specialist
www.WelcomeToWatercolor.com
T H E H OU S I N G M A R K E T I S
N O R M A L I ZI N G I N 2 0 1 9 Coastal Luxury Real Estate Expert www.WelcomeToWatercolor.com
19 Years as a Top Producing Agent Along 30A
WWW.WELCOMETOWATERCOLOR.COM
Watercolor
The real estate market is projected to have a GREAT year in 2019! Interest rates will rise as price appreciation starts to slow to more normal levels.
4.9 Q1
5.0
1980 12.7%
Q4
Q3
1990 8.12% 2000 6.29%
Q2
Even with rates rising, you can still secure a lower rate than your parents or grandparents did!
2019
Real Estate Market Report
HOME PRICES
in millions
6.08
According to CoreLogic’s Home Price Index 6.02
AVERAGE ACTIVE LIST PRICE
year-over-year
Address
Bedrooms
Total Baths
Est. Sq. Ft.
List Price
List Date
Sold Price
Sold Date
Sold
24 Bluestem Lane
3
5
2,908
$1,495,000
07/29/17
$1,462,500
04/26/19
Sold
11 Calamint Court
4
5
3,324
$2,150,000
10/04/18
$2,050,000
04/24/19
Sold
5 Bluestem Lane
6
6
3,700
$1,795,000
08/10/16
$1,560,000
04/22/19
Sold
464 E Royal Fern Way
4
5
2,852
$1,375,000
12/03/18
$1,100,000
04/15/19
Sold
736 Western Lake Drive
3
4
2,038
$1,499,000
02/11/19
$1,420,000
04/12/19
Sold
257 Scrub Oak Circle
4
4
2,388
$1,475,000
02/23/19
$1,450,000
04/12/19
Sold
360 Spartina Circle
4
4
2,479
$1,295,000
12/17/18
$1,245,000
04/11/19
Sold
116 Bluejack Street
4
5
3,096
$1,825,000
01/17/19
$1,800,000
04/08/19
Sold
53 Sandy Creek Circle
4
5
3,520
$1,923,000
02/18/19
$1,910,000
04/01/19
Sold
240 Needlerush Drive
5
5
3,116
$1,699,000
09/03/18
$1,605,000
03/15/19
Sold
434 Western Lake Drive
4
5
3,366
$1,695,000
06/15/18
$1,600,000
02/28/19
Sold
157 Sunflower Street
6
7
3,771
$1,695,000
09/06/18
$1,600,000
02/08/19
Sold
58 Mystic Cobalt Street
3
4
2,660
$1,699,000
04/23/18
$1,415,000
01/23/19
Sold
134 Royal Fern Way
4
4
2,646
$995,000
11/19/18
$989,000
01/10/19
Sold
10 Cove Hollow Street
6
8
5,661
$4,995,000
04/04/18
$4,600,000
01/02/19
Bobby Johnson and 30A Local Properties are not in any way affiliated with Watercolor Home Owners Association, nor is this in any way an official advertisement or publication of Watercolor. ©2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Emerald Coast Association of Realtors (ECAR) between January 1st, 2019 and May 1st, 2019. Listings and sales may not be those of 30A Local Properties. The ECAR MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Freddie Mac
Fannie Mae
MBA
NAR
J O H N AT H A N A N D A N G E L A- M A R I E , Call us today to find out how the specific market trends in Watercolor could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/
F E AT UR E D L I S T I N G S B O B BY J O H N S O N G
Status
6.00
6.00 5.96
*Historic normal home price appreciation is 3.6%
WATERCOLOR HOMES SOLD IN THE LAST 4 MONTHS
6.07
IN
PENDING LISTINGS
4.8%
6.04
D
AVERAGE ACTIVE LIST PRICE
$1,796,615
2018 2019
PE N
13
$2,263,809
6.24
HOME SALES
Home Prices in 2019 will appreciate by:
ACTIVE LISTINGS
1970 8.86%
5.3
5.2
Sales of new and existing homes will climb as more inventory comes to the market!
Johnathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 850.865.7798.
47
HISTORIC RATES
30-YEAR FIXED INTEREST RATES
850.865.7798 | Bobby@30ALocal.com
33 LYONIA LANE 4 Beds | 4 Baths | 2,020 Sq. Ft. | Listed for $1,184,000
139 SILVER LAUREL WAY 3 Beds | 3 Baths | 2,025 Sq. Ft. | Listed for $1,119,000