Sheryl Bradley, Realtor
From Mexico Beach to Indian Pass, a total of 205 properties sold in the first quarter of 2017. Prices are up and inventory is still low. Sales volume year to date is up over $2 million at the same time and the total number of sold properties is up nearly 10%. Below is the break down of sales by area.
In the first quarter of the year, 71 properties were sold in the Cape San Blas area. This is a 16% increase from the total number of sold properties in the first quarter of last year. Total sales volume this far is nearly $19 million which is a 10% increase from total sales volume last year. Year to date, 26 lots have sold for under $100K. The highest selling property is a gulf front home with 100′ of beach frontage that sold for $1,015,000.
69 properties were sold in the Mexico Beach/ St Joe Beach area. Twenty properties were condos ranging in price from $135K to $340K depending on location and proximity to the beach. Twenty one lots sold for under $100K. The highest price sale was an older gulf front home selling for $620K.
Port St Joe SOLD Properties:
Last year the average sales price of a home in Port St Joe was $147K. Year to date, the average sales price is $174K. This is an increase of 19% in just the first 3 months of 2017. 32 properties were sold in the Port St Joe area including six homes in the Barefoot Cottage community. Two RV lots sold for $39K each. An executive home with a view of the Bay sold for $437,500. Several building lots sold in the Cape Plantation Subdivision ranging in price from $28K to $34K. A total of 21 single family homes were sold ranging in price from $122,000 – $437,500.