Watersound Real Estate Condo Report First Quarter 2009

This Watersound Condo is For Sale as a Short Sale.

Watersound Real Estate Condo Report for the First Quarter of 2009

Because there aren't a lot of Watersound Condos it's not surprising that there were only (2) sold in the first quarter of 2009. One for $750,000 and one for $1,240,000. With such a small data pool it's tough to get a true since of what is happening with regard to value but I can tell you that the Average Price Per Sq.Ft. of the two sales is $463 and the Average Days On Market for the two sales was 730 days.


This is the least expensive Watersound Condo currently on the market and NOT A SHORT SALE

Watersound Real Estate Report Condos For Sale (as of 4/5/2009)

As we saw above there have been only two Watersound condo sales in the first quarter but there are currently (3)condo with contingent contract and (2)with pending contracts. Contingency contracts simply mean that there is some aspect to the deal that has to be satisfied before it moves to pending status then to closing. It's not a certainty that the deal will close but they are working towards a closing. Pending is a little more firm and most likely will move to closing. Lets take a look at the Watersound Condos For Sale.

Total Number of Watersound Condos For Sale: 32
Highest Price Watersound Condo For Sale: $2,695,000
Lowest Price Watersound Condo For Sale: $675,000
Average Price for a Watersound Condo For Sale: $1,398,397
Average Price Per Sq.Ft. for a Watersound Condo For Sale: $681
Total Number of Watersound Condo Foreclosure or Short Sale: 3

Click on the link to search all Watersound Real Estate For Sale or to search All Watersound Foreclosures and Short Sales or to Sign Up for Watersound Foreclosure and Short Sale Alerts which will send you an email every time a Watersound property comes on the market as a short sale or foreclosure.

Watersound Beach Real Estate Report Q1: 2009 Land

Check out this great Watersound Lot for sale on Yacht Pond Lane for 439,000.

Watersound Real Estate Report for the first quarter of 2009: Land Sold and For Sale.

It looks like there are great values to be had with regard to Watersound Land Sales. The first quarter of 2009 produced (3) sales ranging in price from $192,000 to $300,000. The interesting this is that (1) sale was a foreclosure, (1) sales was a short sale and (1) sale of a developer sale so it looks like sellers need to be aggressive is they are going to sell in 2009. Also note that there are (3)additional sales listed at Pending Sale or Contingent which mean there are certain factors that need to be satisified before the sales close. Lets take a look at the Watersound Land Sales break down.

Total Number of Watersound Lots Sold (Q1: 2009): 3
Highest Priced Watersound Lot Sold: $300,000
Lowest Priced Watersound Lot Sold: $192,000
Average Priced Watersound Lot Sold: $251,000
Average Number of Days On Market for a Watersound Lot Sold: 212
Total Number of Watersound Lots sold as Foreclosure or Short Sale: 2

If you would like more information on Watersound Real Estate Land Sales go to the At The Beach Website or call John Moran at 850-654-3325.


As Good As It Gets In Watersound Check out this property on South Founders Lane

Watersound Real Estate Land Report Q1: 2009 Land For Sale

The interesting thing to me is that on average (1) Watersound Lot sells per month and durring the first quarter of 2009 the high price sale was $300,000 but as of 4/5/2009 there are (95) Watersound Lots for sale which based on current sale trends means there is a 95 month (almost 8 years)supply of Watersound land for sale. The prices range from $69,000 to almost $3 million. Another interesting item is that of the (95)lots for sale only (4) are short sales or foreclosures. Let take a look at what we have.

Total number of Watersound Lots For Sale (as of 4/5/2009): 95
Highest Priced Watersound Lot For Sale: $2,995,000
Lowest Priced Watersound Lot For Sale: $69,000
Average Price for a Watersound Lot For Sale: $587,801
Average Number of Days on Market for a Watersound Lot For Sale: 380
Total Number of Watersound Lot Foreclosures and Short Sales: 4

If you would like more information on Watersound Real Estate Land Sales go to the At The Beach Website or call John Moran at 850-654-3325.

Watersound Beach Foreclosures and Short Sales

189 Gulf Bridge Lane: Click here for details.

Foreclosures and Short Sales are starting to impact the Watersound Beach Real Estate Market. I was just looking at what is currently for sale as either a foreclosure or a short sale and I see that there are (5) homes that fall into this category.


23 Shore Bridge Circle for only $$450,000: Click here for details

There is no question that short sales and foreclosures are causing prices to go down and it will be interesting to see what the final impact will be on prices for Watersound Beach Real Estate over the next few years.


87 Coopersmith Lane: Click here for details


80 Coopersmith Lane: Click here for details

As you can see the Watersound Real Estate market is tough on sellers and owners right now but if you are buyer looking to get a great deal on a property in Watersound, or anywhere else for that matter, it is a once in a life time market for you!


216 Gulf Bridge Lane: Click here for details

Keep Up To Date On Watersound Real Estate Foreclosures And Short Sales
If you would like to be notified of new Watersound Foreclosures or Short Sales simply let us know and we will email them to you as they become available. Click here for details

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.