STATE MARKET CONTINUES
EIGHT YEARS OF UPWARD GROWTH
MOVES THE 30A REAL ESTATE MARKET TO RECORD PRICING
BY ERIN ODEN
The home market along Northwest Florida ' s Scenic Highway 30A Corridor has logged eight strong years of appreciation . 2018 ' s record breaking average home sale price , in fact , exceeded the peak years .
Our coastal home market has been steadily rising since 2010 , with the average sales price of all closed residences along Scenic 30A in 2018 just over $ 1 million . This is up 6 % over 2017 , up a notable 68 % over the last six years and above 2007 ’ s historic high .
Comparing against other popular luxury home markets along Florida ’ s coastlines , our pricing remains attractive and lower . The planned communities of 30A continue to raise the bar . Town planning that achieves the framework for the most idyllic beach lifestyle and boasts award-winning architecture has lent the most exceptional aesthetics lining our coast .
More and more buyer groups are continuing to discover this matchless piece of paradise . The increasing volume of sales each year further confi rms the mounting demand and our area ’ s overwhelming appeal .
It has been an exciting and dynamic time to participate in the growth of our special beach towns . Many changes have been seen in development and the home market . We foresee 2019 will build upon the momentum we are currently experiencing .
Erin Oden is the principal broker and owner of Coastal Luxury , maintaining a strong emphasis on intimate market knowledge and expertise in the luxury and Gulf-front markets . Erin can be reached at ( 850 ) 502-1220 or erin @ coastalluxury . com . Or stop by Coastal Luxury , located directly on 30A , the fi rst offi ce east of Alys Beach , Florida . Search all available properties at coastalluxury . com / SEARCH .
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