Emerald Coast Real Estate on the Rise
Real Estate on the Emerald Coast is on the rise. According to the Emerald Coast Association of Realtors, pending sales have increased in July with 5.4 percent for single family homes and 13.1 percent for townhomes and condos. Price points are also becoming competitive with a one percent median sales price increase for Okaloosa County and a 19 percent increase for Walton county. Let's compare some numbers to last year, overall the single-family home inventory on the Emerald Coast has seen a decrease of 25.7 percent while condo and townhomes decreased30 percent. With short sale and foreclosure transactions decreasing, we see a welcome sign that our market on the Emerald Coast is getting stronger.
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