June 2012

There are 4 blog entries for June 2012.

The real estate market along Scenic Highway 30A, home to upscale planned communities such as WaterColor, WaterSound, Seaside, Rosemary Beach and Alys Beach, continues to heat up.

Following are some interesting sales statistics covering a 30-day period, ending on Jun 26, that Latitude Resort Properties recently compiled from the Emerald Coast Association of Realtors Multiple Listing Service. If you are looking to buy, or considering selling, this data can be quite useful.

30A Homes: Homes sold = 47 Low price = $140,000 High price = $3,000,000 Average price = $725,132 Average price per square foot = $310 Average days on market = 219 Homes on average sold for 8.7 percent less than the asking price. Currently there are 142…
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DCWAF Raises $1.425 Million for Children in Need

Congratulations to the staff, board of directors and volunteers of the Destin Charity Wine Auction for the most successful auction yet, which helped raise a record breaking $1.425 million. We’ll gladly raise a glass to that number!

The locally based foundation, which hosted its annual auction this spring at Sandestin Golf & Beach Resort, raises funds for children in need living on the Emerald Coast. This year’s sold-out event treated more than 500 guests to an unparalleled wine and culinary event that included a silent and live auction. On the block for a good cause were unique dining experiences, usurious vacation packages and, of course, incredible wine.

The funds will be dispersed this July

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WaterColor is often considered St. Joe’s flagship development; however, just five miles east, on the south side of Scenic Hwy 30A, its sister development WaterSound Beach can be found. With its award–winning, Nantucket-inspired architecture and postcard views along the pristine mile-long beachfront,  WaterSound Beach has quickly become another popular South Walton County development in its own right. 
Located on the eastern end of 30A, this 256-acre community - which was designed to make the most of the natural surroundings, including the impressive dune lakes - has recently begun to experience an increase in real estate sales. In fact, things are going so well, that at the end of May, the final phase of WaterSound Beach, Gulfview at WaterSound, was…
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With it’s town-center master plan, award–winning architecture and family friendly amenities, WaterColor is among the most popular developments in South Walton County. 

Located in the heart of 30A, the 499 acre community, which began development by The St. Joe Co. in 2000, is experiencing a strong increase in sales, and a related decrease in inventory.  In our opinion, when a leading development exhibits a trend such as WaterColor has, it is surely a sign that Northwest Florida’s real estate market is turning a corner.

If you are considering buying or selling in the 30A area, check out these recent WaterColor statistics:

When WaterColor is fully built out, it will include 1,140 residences.  There are approximately 611 existing homes that have

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