2020 Year-End Real Estate Update

2021 Housing Forecast

Realtor.com forecasts sellers will get top dollar in 2021 as buyers struggle with affordability. A strong spring and summer homebuying season is expected, while things will wind down in fall and winter.

If you are interested in learning the current market value of your property, contact us today for a detailed market analysis. With the current market, your property may be worth more than you think!

DESTIN

Destin Gulf front condos sold in 2020 had a 10% increase in average price and 6% increase in price per square foot compared to 2019.

Single family homes sold in Destin during 2020 had a 30% increase in average price and a 15% increase in price per square foot compared to 2019.

30A WEST

30A West Gulf front condos sold in 2020 had a 2.4% increase in price per square foot compared to 2019.

Single family homes sold in the 30A West area during 2020 had a 20% increase in average price and a 15% increase in price per square foot compared to 2019.

30A EAST

Gulf front condos in the 30A East area sold during 2020 maintained a stead price per square foot compared to 2019.

30A East single family homes sold in 2020 had a 30% increase in average price and a 16% increase in price per sq ft compared to 2019.

MIRAMAR BEACH

Miramar Beach Gulf front condos sold in 2020 had an 8% increase in price per square foot and a 5% increase in average price compared to 2019.

Miramar Beach homes sold in 2020 had an 18% increase in average price and an 11% increase in price per square foot compared to 2019.

NORTH SANTA ROSA BEACH

Home sold in North Santa Rosa Beach in 2020 had a 16% increase in average price and an in price per square foot compared to 2019.

PANAMA CITY BEACH

Panama City Beach Gulf front condos sold in 2020 had a 6% increase in average price and 5% increase in price per square foot compared to 2019.

About Abbott Martin Group

It is essential to love the people you work with, and that indeed is the case within our team, where culture comes first. At Abbott Martin Group, we celebrate success and pick each other up when needed. A strong culture is vital to having a healthy work environment. We focus on creating a positive impact for our families and the customers we serve. The Emerald Coast is an environment of healing; we are always here for each other.