Where is the 30A Real Estate Market headed as we begin the second quarter of 2023?
Posted by Robin Maynard on
According to Nationwide industry analysts, home prices in the first quarter of 2023 increased in over 70% of major metro areas. However, the national median price for existing single-family homes was down .2% from a year earlier. As we begin the second quarter, what are the numbers telling us locally? Are we transitioning from a Seller's market to a Buyer's market?
As we look at home prices and trends locally, the following numbers in our infographic below represent single-family homes in two regions of Scenic 30A, from Grayton Beach to the Western End of 30A and from Watercolor to the Eastern End of 30A.
In looking at the two regions separately, we discovered a noticeable change during the first quarter. The Western end of 30A experienced an…
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