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September 5, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Crystal Beach, Florida

Reported by Mark Evans, REALTOR

Updated July 2, 2008.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

MLS Data January-June 2008

58 Active Single Family Homes. Average price $938K Average days on market 311

11 Pending Single Family Homes. Average price $656.1K. Average Days on Market 333

10 Sold Single Family Homes in 2008. Average price $561K. Average days on market 352.

Crystal Beach sales have been slow but property that has adjusted to reflect the market can move pretty rapidly off the market into the hands of new ownership. A few recent residential lot sales would seem to reflect a pricepoint ranging between $225-325K for lots situated between Scenic 98 & John Ave. Many lots are still priced above this range and will most likely have to be reduced before buyers feel a legitimate offer can be tendered. Single Family Home inventories are still historically high for the area as are the number of Foreclosures and Short Sales available.



ZIP Code: 32541

Approximate Location Boundaries: Located on the western end of Scenic Gulf Drive in Destin

Location Characteristics: Crystal Beach is located on the western end of Scenic Gulf Drive in Destin. The location offers the convenience of access to some of the newer infrastructure of Destin including Destin Commons, grocery shopping and a variety of dining choices all located within a very short drive of the Crystal Beach area. The beaches of Crystal Beach offer plenty of white sand and emerald water for your relaxation. Also located within Crystal Beach are a number of fine restaurants for your dining pleasure. Homes are typically done in the Florida Cottage fashion with metal rooftops and colorful siding. Some of the waterfront properties reflect a Mediterranean flair with terra cotta rooftops and stucco siding.

For More Information:

View Market Conditions of other areas served by Mark Evans

Navigate: Top > Florida > Crystal Beach

About Mark Evans:
Mark Evans, e-PRO, Sales Asscociate with Eimers Group Real Estate & Land. I specialize in assisting buyers & sellers in the second home, vacation rental, condos & luxury property marketed in the Destin to 30A areas. My focus is helping you to achieve the beach and resort lifestyle offered throughout the communities of Destin and 30A.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.40%
15 Year Fixed: 5.93%
1 Year Adj: 5.33%
(U.S. Weekly Averages)

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