Hi Paula,
I wrote an article a couple of months ago outlining future growth indicators for the Florida Panhandle and it's Real Estate Market. It has quite a bit about JOE in it. It's located at:
http://www.uniquepanhandleproperties.com/florida_real_estate_investments.htm
Also, did some numbers on watercolor for a client: Looks like lots appreciated at about 57.75% while homes only appreciated at 19.8%. Of course lots of variables but gives us an idea of trends and demand. Sorry if the colums are running into each other but couldnt copy tables. Can email if you'd like.
Watercolor Lot Sales from Pendings in each month
# Pending Low High Ave Price
5/01/04-5/31/04 20 $375,000 $895,000 $545,900
6/01/04-6/30/04 17 $365,000 $1,730,000 $605,412
7/01/04-7/31/04 32 $495,000 $2,500,000 $719,125
8/01/04-8/31/04 22 $580,000 $1,700,000 $717,432
9/01/04-9/30/04 4 $585,000 $1,425,000 $810,000
10/01/04-10/31/04 10 $598,000 $975,000 $732,550
11/01/04-11/30/04 2 $750,000 $750,000 $750,000
12/01/04-12/31/04 1 $815,000 $815,000 $815,000
01/01/05-01/31/05 5 $618,000 $820,000 $762,600
02/01/05-02/28/05 10 $615,000 $832,500 $707,750
03/01/05-03/31/05 14 $635,000 $1,550,000 $858,929
04/01/05-04/30/05 15 $585,000 $1,500,000 $835,000
05/01/05-05/29/05 11 $663,000 $1,200,000 $861,182
Active lots in Watercolor
72 $615,000 $2,650,000 $991,860
Watercolor Home Sales from Pendings in each month
#Pending Low High Ave Price/ft2
5/01/04-5/31/04 8 $849,000 $2,695,000 $568.25
6/01/04-6/30/04 5 $925,000 $1,900,000 $505.78
7/01/04-7/31/04 6 $1,225,000 $2,100,000 $594.94
8/01/04-8/31/04 4 $1,350,000 $2,250,000 $783.87
9/01/04-9/30/04 5 $1,225,000 $2,650,000 $667.50
10/01/04-10/31/04 3 $1,400,000 $1,500,000 $683.53
11/01/04-11/30/04 1 $1,390,000 $1,390,000 $581.59
12/01/04-012/31/04 0
01/01/05-01/31/05 6 $1,250,000 $3,600,000 $744.70
02/01/05-02/28/05 2 $1,350,000 $1,490,000 $658.31
03/01/05-03/31/05 5 $1,440,000 $1,895,000 $724.61
04/01/05-04/31/05 5 $1,595,000 $2,395,000 $782.79
05/01/05-05/22/05 1 $1,995,000 $1,995,000 $680.88
Active homes in Watercolor
39 $1,675,000 $4,200,000 $945.33