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SHELLY

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So are you saying, "Now is a great time to buy?""

So are you saying, &quot;Now is a great time to buy?&quot;&quot;

Abby Prentiss

Beach Fanatic

Exactly! Here's the text. It's nice to share on SoWal....

Destin Single family home Market Analysis 2011 so far through July shows  many changes from last year.  We have seen the real estate market in  Destin really start to take off.  When I hear people saying they want to  wait for prices to drop I am telling them they already have.  The  overall inventory of homes in Destin has gone from 487 homes for sale  last year down to only 319 currently for sale.  Another number to pay  attention to is pending listings.  This is the number of houses under  contract and schedules to close.  There is 35% more real estate in  pending to close today than last year at this time.  When you put these  two numbers together you will find that currently in Destin there is  less inventory but more things selling.  So, what does this mean?  The  “bottom” of the real estate market in Destin has hopefully passed.  We  have had a terrific summer with tourist and vacationers packing the  vacation rentals and beaches.  Local Destin businesses are booming and  we are back on track.  The last statistic I would like to highlight is [B]inventory on hand in months[/B].   What this means is with the current amount of homes for sale in Destin,  how long would it take to sell them all if no new listings came on the  market.  Last year at this time we had over 20 months of real estate  inventory and currently we have just over 10 months of real estate  inventory!!  This is a sign of a [B]stable market[/B].


[IMG]http://destinpropertyexpert.com/wp-content/uploads/2011/07/Market-analysis-Jan11-July1.jpg[/IMG]

Exactly! Here&#039;s the text. It&#039;s nice to share on SoWal.... 
 
Destin Single family home Market Analysis 2011 so far through July shows many changes from last year. We have seen the real estate market in Destin really start to take off. When I hear people saying they want to wait for prices to drop I am telling them they already have. The overall inventory of homes in Destin has gone from 487 homes for sale last year down to only 319 currently for sale. Another number to pay attention to is pending listings. This is the number of houses under contract and schedules to close. There is 35% more real estate in pending to close today than last year at this time. When you put these two numbers together you will find that currently in Destin there is less inventory but more things selling. So, what does this mean? The “bottom” of the real estate market in Destin has hopefully passed. We have had a terrific summer with tourist and vacationers packing the vacation rentals and beaches. Local Destin businesses are booming and we are back on track. The last statistic I would like to highlight is inventory on hand in months. What this means is with the current amount of homes for sale in Destin, how long would it take to sell them all if no new listings came on the market. Last year at this time we had over 20 months of real estate inventory and currently we have just over 10 months of real estate inventory!! This is a sign of a stable market. 
 
 
<img src="http://destinpropertyexpert.com/wp-content/uploads/2011/07/Market-analysis-Jan11-July1.jpg" alt="" />

Shelly, it may be time to change your photo to "New Game."

Shelly, it may be time to change your photo to &quot;New Game.&quot;

DannyMarg

Beach Lover

Check this link for full story and spreadsheet for Destin real estate market analysis for the past 6 months compared to last year same time.  
[URL]http://destinpropertyexpert.com/destin-single-family-home-market-analysis-2011/[/URL]

Check this link for full story and spreadsheet for Destin real estate market analysis for the past 6 months compared to last year same time. 
<a href="http://destinpropertyexpert.com/destin-single-family-home-market-analysis-2011/" target="_blank" class="link link--external" rel="nofollow ugc noopener">http://destinpropertyexpert.com/destin-single-family-home-market-analysis-2011/</a>

Destin Market analysis compared to last year

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Destin Market analysis compared to last year

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2026 SoWal Sea Turtle Nesting Season Wrapup

After Hurricane Isaias: Photos of South Walton Beaches

Cars of 30A At Alys Beach: Event Highlights & Photo Gallery

Sixth annual Run Watersound At Watersound Town Center October 24, 2026