Watersound Real Estate News

Saturday, January 17, 2009

Watersound Beach Real Estate News


The home pictured above is the most expensive home in Watersound Beach See Details


If you are considering investing in a Beach House in Watersound Beach Florida now could not be a better time for you. Prices have come down dramatically from the highs in 2005, the number of homes for sale in Watersound Beach is huge and if you are going to finance your beach house interest rates couldn't be better. Before you seriously consider a house At The Beach in Watersound Beach let take a look at what happened in 2008.

Watersound Beach Homes

Number of Watersound Beach Homes Sold (YE: 2008): 7
Highest Price Watersound Beach House Sold: $2,500,000
Lowest Price Watersound Beach House Sold: $870,000
Average Price Watersound Beach House Sold: $1,731,429
Average Watersound Beach House Price Per Sq. Ft.: $548
Average Watersound Beach House Day On Market: 148

That is what happened with regard to Watersound Homes in 2008 now lets take a look at the Watersound Beach homes for sale as of 1/17/2009

Number of Watersound Beach Homes For Sale: 25
Highest Price Watersound Beach home for sale: $9,900,000
Lowest Priced Watersound Beach home for sale: $795,000

Average Priced Watersound Beach home for sale: $2,602,320
Average Price Per Sq.Ft. for Watersound Beach homes for sale:702
Average Watersound Beach homes for sale Days On Market: 256


This great Compass Point condo is currently for sale See Details

For those folks who are not interested in a house and enjoy the convenince of condo living you may want to consider a Watersound Beach Condo. Here is an overview of what happened with Watersound Beach condos for sale in 2008.

Number of Watersound Beach Condos Sold (YE:2008):10
Number of Watersound Beach Homes Sold (YE: 2008): 7
Highest Price Watersound Condo Sold: $1,450,000
Lowest Price Watersound Condo Sold: $800,000
Average Price Watersound Condo Sold: $1,161,500
Average Watersound Condo Price Per Sq. Ft.: $517
Average Watersound Condo Days On Market: 187

Note: Of the 10 Watersound Condos Sold in 2008 4 were either short sales or foreclosures.

That is what happened with regard to Watersound Condos in 2008 now lets take a look at the Watersound Beach Condos for sale as of 1/17/2009

Number of Watersound Condos For Sale: 37
Highest Priced Watersound Condo for sale: $2,695,000
Lowest Priced Watersound Condo for sale: $350,000
Average Price for a Watersound Condo for sale: $1,427,700
Average Price Per Sq.Ft. for a Watersound Condo for sale: $722
Average Days On Market for a Watersound Condo for sale: 472



And for you folks out there that don't want a house or a condo and would like to start simply with a piece of land where they can build their dream home At The Beach in Watersound Beach Florida. Here is what happened with vacant land for sale in Watersound Beach Florida in 2008.

Number of Watersound Vacant Land Sales(YE:2008):22
Highest Price Watersound Vacant Land Sale: $640,000
Lowest Price Watersound Vacant Land Sale: $69,000
Average Price Watersound Vacant Land Sale Price: $302,273
Average Watersound Vacant Land Sale Days On Market: 181

Ok, that is what happened with Watersound Vacant Land in 2008 now lets take a look at what is happening as of January 17, 2009.

Number of Watersound Vacant Land Lots for sale: 97
Highest Priced Watersound Vacant Land Lot for sale: $3,915,000
Lowest Priced Watersound Vacant Land Lot for sale: $69,000
Average Priced Watersound Vacant Land Lot for sale: $600,876
Average Watersound Vacant Land Lots for Sale Days On Market: 423

If you are a real estate investor interested in real estate At The Beach in South Walton County Florida, Watersound Beach specifically, then this is a good start for you. If you would like more information on the Emerald Coast in general including Miramar Beach, Sandestin, Grayton Beach, Santa Rosa Beach, Watercolor Beach, Seaside, Watersound, Seacrest Beach, Alys Beach and Rosemary Beach simply check out AtTheBeachFl.com for everything from the Most and Least Expensive homes, condos and vacant land for sale to Foreclosures, Short Sales and more.