by Jamie Conley
on Wednesday, February 24th, 2021 at 2:42pm.
If you’re a property owner along South Walton or 30A, you’ve no doubt heard the mantras “Now is a great time to sell” or “We’re in a strong seller’s market” or “Inventory levels are at record lows.”
With the old adage “A picture is worth a thousand words.” we’ve compiled some compelling market data below for you that provides a good perspective of what's taking place in our current 30A Seller’s Market Cycle. When we analyzed the market prices of homes, town homes, and condo this year to date and compared with the same period last year, all three categories of properties continue enjoying significant increases. How long the cycle may last is yet to be seen.
The availability of properties on the market to purchase (aka: active inventory) during the first few weeks of 2021 does remain at historically low levels. While the number of active, serious buyers in search of properties continues to be remarkably high. These two factors combined continue to drive the market price for 30A homes, condos, and town-homes in an upward direction. Because of the lack of availability and a larger pool of buyers, it is not unusual for owners to receive multiple offers within days of going active on the market. It is also worth noting that statistics show that many properties are currently selling within 98% - to 100+ % of asking price.
Interested in seeing a market profile for each of our 30A Beach Communities? Click Here
If you’re considering placing your property on the market, we can help by providing a custom valuation specifically tailored to your property and location. We gladly provide the reports as a complimentary, no obligation service anytime. Reach out and let us know how we can be of assistance.
*All market statistics and data provided here have been obtained from ECAOR MLS and MMT as of 2.23.21 and are believed to be accurate but not guaranteed. The data and information is intended to provide a broad, over-all market view and should not be used as a sole source of data for making financial real estate decision. Reach out to a member of the Davis Properties team to receive custom, updated statistics and market information relevant to your specific circumstances.