Sandestin Real Estate Market Recap: Q1 2024 Insights
Posted by L Shaw on
Sandestin Real Estate Market Recap: Q1 2024 Insights
How is it already April?! Time does fly! Let's recap our local market's performance during the first quarter of 2024. Let's dive into the data and trends that shaped our local real estate landscape.
One notable trend this quarter was the significant increase in active listings compared to the same period last year. From January to March 2023, we had an average of 149 active listings on the market. However, in early 2024, this number rose to an average of 251 active listings—a remarkable 68% increase year-over-year. This influx of new properties indicates a growing market with diverse options for potential buyers.
New Listings and Median List Price Analysis
In terms of new listings entering…
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