Not only have our tempertures been hot this summer, with a average temperatures of 91°, our local Real Estate market has been on fire! While our summer residential sales numbers have remained consistent with previous years, the sales volume (prices) have increased! This is great news for sellers. If you’re looking to purchase, I’d say no time is better than the present. As statistics show prices are rising, however interest rates remain steady.
| Year | Number of Sales | Sales Volume |
| 2015 | 133 | $31,355,960 |
| 2016 | 130 | $33,356,887 |
| 2017 | 129 | $38,828,100 |
As for lot sales, we’ve seen a nice spike in number of transactions, while the sales volume has fluctuated quite a bit. To our sellers, hold your head high and dont be discouraged, there are many lots available, but the numbers show they’re moving! Due to a less than plentiful housing inventory many buyers are purchasing land and building. If you’re a buyer, your options are unlimited! Get what you want why the inventory is abundant!
| Year | Number of Sales | Sales Volume |
| 2015 | 87 | $5,676,700 |
| 2016 | 90 | $15,980,527 |
| 2017 | 104 | $10,316,250 |
Gulf County & Mexico Beach Real Estate 