"Slices of 30A"

30A Condo Market Update: 2025 Trends and Insights

The 2025 year-to-date numbers for the 30A condo market are showing some notable shifts compared to the same period in recent years. While the overall picture remains healthy, the pace and pricing dynamics are evolving. Here’s a closer look at what the numbers are telling us:

Fewer Sales, Changing Pace

After a busy 2023 and 2024, the number of condo sales along 30A has dropped to 102 in 2025-YTD, compared with 163 during the same period in 2024 and 168 in 2023. This slowdown may reflect a combination of higher prices, a shift in buyer demand, and the limited inventory of luxury condos in key communities.

Median Sales Price and Price Per Square Foot

The median sales price in 2025-YTD is $850,000, down from $1,000,000 in 2024 and slightly below $950,000 in 2023. The price per square foot has also decreased to $855, compared with $1,025 in 2024 and $907 in 2023.

It’s important to note that 2024 numbers were heavily influenced by The Della, a newly completed luxury condominium in Alys Beach. Roughly 35% of all condo sales in 2024 took place there, with units priced between $2.5 million and $5 million. Many of these residences had been under contract for nearly two years during construction and closed simultaneously once the building was finished.

These high-end closings significantly skewed the 2024 median sales price and price-per-square-foot, making the 2025 figures appear to reflect a sharper decline than what’s actually occurring. In reality, the market is adjusting back to a more typical sales mix across 30A communities.

Market Timing and Negotiation

Year-to-date, median-priced condos are averaging 58 days on market, a slight uptick from 2024’s 61 days but still moving a little slower than in 2023, when the average was 40 days. The ask vs. get ratio remains strong at 95%, indicating that sellers are still achieving close to their asking prices, despite the slower pace.

What This Means for Buyers and Sellers

For buyers, this market presents more negotiating room and a chance to secure a property without the intense competition seen in prior years. For sellers, pricing accurately and highlighting unique features is key to maintaining strong offers in a market that’s slightly more selective.

The 30A condo market is balancing out after a few years of exceptionally high sales and ultra-luxury activity. While median prices and price per square foot are slightly lower, market fundamentals remain healthy, and buyers continue to seek quality condos in desirable coastal communities.

Looking Beyond the Numbers

Market reports tell part of the story, but they rarely reveal the why behind the trends. As our example showed, a wave of closings at The Della in Alys Beach in 2024 skewed the data higher than usual. Understanding nuances like this can make the difference between misinterpreting the numbers and acting strategically.

That’s where having a local expert matters. If you’re considering buying or selling along 30A, we are happy to walk you through the data, explain its implications for your goals, and help you move forward with confidence. Reach out today!