Condo Sales in South Walton July 2011 | SoWal Forum - South Walton Florida
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Em

Beach Fanatic
Sep 18, 2005
1,506
884
Walton Co.
by Murray Balkcom, Realtor
The Premier Property Group


Santa Rosa Beach, FL: Condo Sales in South Walton have suffered in recent years, with much of that due to lending constraints on condos. We are now seeing a few lenders willing to loan money on condos, but with 30% down payments, rather than the typical 20% down on detached homes. So, it is no surprise that condo sales fall behind detached home sales.


To paint a better picture of where today’s condo market stands, we’ll look at only July sales from previous years in all three of these charts.
condos-in-south-walton-median-sales-price.jpg

Median selling price is back in line with July sales of 2000-2002, down quite a bit from the market’s peak. July 2011 shows the median selling price of $197,000, a 67% decrease from July 2005. Continue reading →
 

SHELLY

SoWal Insider
Jun 13, 2005
5,775
802
If the median selling price for condos was $289K, shouldn't the line on the graph be closer to 300K instead of on 200K?
 

Em

Beach Fanatic
Sep 18, 2005
1,506
884
Walton Co.
You are correct, Shelly. Thanks. Post has been edited to reflect the correction.
 
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