The Real Estate Market at WaterSound Mid-Year 2017

Market Trends

Based on information from the Emerald Coast Association of Realtors MLS, here's what's going on in WaterSound (South of 30A) ...

WaterSound Condos

There are two condo communities in WaterSound: Compass Point which is on the southside of 30A in the gated community at WaterSound Beach and The Bridges which is also on the southside of 30A in the gated community of WaterSound Bridges. Both condo communities have easy beach access and some of the prettiest views of WaterSound Beach! 

There are currently 20 condos for sale in WaterSound. They range from a 2BR/2BA in Compass Point priced at $865,000. to a 3BR/3.5BA in The Crossings priced at $2,025,000. There are 2 pending condo sales in WaterSound. They are both 3BR/3.5BA condos - one is in Compass Point and has a list price of $1,329,000. and the other is in The Bridges with a list price of $1,299,000.  Actual sales prices will be available after closing. 

There have been 8 condos sold in WaterSound this calendar year. They range from a 2BR/2BA in Compass Point that sold for $940,000.  to a 3BR/3.5BA in The Bridges that sold for $1,815,000. The average days on the market for sold condos in WaterSound is 111 days.

WaterSound Homes

The detached residential homes in WaterSound continue to sell well. They tend to be newer homes that offer a lot of space in a gated community with easy access to the beach.

There are currently 35 homes for sale ranging from a 3BR/2.5BA home in WaterSound West Beach priced at $729,900. to a fabulous gulf front home in WaterSound Beach with 6BR/6.5BA priced at $6,498,000.  There are 13 pending sales ranging from $1,395,000. to $6,600,000. Actual sales prices will be recorded once the property has closed. Based on closed sales data for this calendar year, there have been 29 homes that have sold and closed ranging from $675,000. for a 3BR/2.5BA home in WaterSound West Beach to a 7BR/6.5BA home in WaterSound Beach that sold for $5,275,000. The average days on the market for sold homes in WaterSound is 121 days.

WaterSound Homesites

There are still homesites for sale in WaterSound, with 31 homesites currently on the market. They range in price from $325,000. to $4,250,000. There are 4 pending ranging from $410,000. to $1,025,000. Again, actual sales prices will be recorded once the property has closed. There have been 4 homesites sold this calendar year ranging from $424,000. to $1,600,000.

For more details on specific properties in WaterSound, connect with me at (850) 933-7899 and I will help you!