N. Gulf Focused 2016 Market Report

The North Gulf County market, like everything else saw increases in number of properties sold and in sale price, compared to the previous year!   Starting with White City, there were 2 lots listed last year, one sold for $14,000 after only 24 days on the market, while the remaining lot is still available at $17,500.  There were 5 residential sales, one property even sold twice!!  Sales prices of these properties ranged from $30,000 – $136,000.  There are currently only 3 homes available in this area, in the range of $39,900 – $289,000, see them all here.  On to Howard Creek, there was 1 unique lot sale last year for $72,000.  Leaving a large inventory of 20 lots still available.  Agents moved 4 residential properties in HC, ranging in price from $39,000 – $82,500.  Leaving only 2 homes to sell, with asking prices of $79,900 and $130,000.  Moving up to Dalkeith, there were 4 large parcels sold, for prices of $50,000 – $60,000.  Leaving 12 lots available, asking prices range from $5,500. – $199,000.  Dalkeith moved 4 homes, with prices of $40k – $169,900.  Leaving behind 6 homes, priced from $38,000 – $180,000.  Honeyville sold 1 five acre lot for an unbelievable price of $25,000, and 3 homes, $65,000 – $199,900.  After these sales, this area has 3 lots remaining, for prices of $23,000-$139,900, and 2 homes for $125,900 and $172,000.  Wewa comes in second to the top in North Gulf Co, moving 16 vacant lots last year with prices of $3,500. – $30,000.  There’s no shortage of vacant land in this area, we still have 76 vacant lots available, 35 of which are bank owned.  These lots have price tags of $5,000 – $350,000.  The residential sales in Wewa top all other areas in North Gulf County, with 31 homes sold!!  These homes ranged in price from $22,600 – $308,000.  No worries, there are still 25 homes available, $25,000 – $245,000.  Moving toward the Gulf, North Overstreet agents sold 26 vacant lots, spanning $4,500 to $240,000.  Whereas the residential market had 6 sales, at $64,000 – $355,000.  Again, still plenty of choices in vacant land, with 56 active lots, anywhere from $7,500 – $297,000. The N. Overstreet residential market is a bit scarce with only 4 options $89,900 – $195,000. I feel a large portion of the success along Overstreet, is attributed to the new RV ordinance along the beaches.  Many of the weekend warriors are bringing RV’s and building pole barns.

Mexico Beach was on fire with 181 homes sold between $50,000 and $770k. Leaving 93 homes on the market ranging in price from $112k – $1,750,000!  As for lots, Agents moved 116 with prices of $16,500 – $3.8m.  Two of the lots that sold this year over a million dollars included almost a full beach front block, and the top dog for $3.8 was 220 acres between Mexico Beach and Tyndall AFB.  There are still 112 available lots in Mexico Beach, choose yours $18k – an 87 acre parcel for $8.5m!

In the Port St Joe market sold 101 homes, with prices of $19k – $375,000.  Leaving only 29 on the market ranging from $112,700 – $599k.  This market moved 34 vacant lots at prices of $4,000 to $700k.  The big sale here was the 9 acres associated with the Old Highland View School.   Building may be something to consider in Port St Joe, as we have 66 vacant lots available.  Choose yours anywhere from $12k – $999,000.

Cape San Blas always our high dollar market; brought in 121 sold lots, from $17k – $3,610,000.  Three lots sold for more than $1m each all with more than 4 acres of beach front property.  We have 164 lots remaining, priced from $24,500 – $1,875,000.  As for homes, there were 99 sold, six over $1m!  We currently have 67 homes left in this market, price from $145k – $3,250,000.  The big boy at $3.2m offers 5700 sq ft and 12 acres along beautiful St Joe Bay!

Judging by the above stats from MLS I feel confident that our local market is on a steady rise!!  Vacant land seeming to be the latest trend, and keeping our contractors busy!  Until next time….

 

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Author: gulfrealestateblog

Wife - Mom - Realtor

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