Condominium Market Data for Destin, FL  as of 04/30/2008

982 Currently Active as of 04/30/2008  :  price range $69,000 to $9,450,000

324 Sold from 05/01/2007 to 04/30/2008 : price range $65,000 to $2,288,000

Sales data includes only those sales reported by MLS system.  Neither the Emerald Coast Association of Realtors nor Destin Appraisals is liable for any inaccuracies herein. 

 

Why I think the housing market is finally hitting the bottom

Past real estate market corrections ended when total housing starts, including multifamily, were less than 1 million annualized. Single unit housing starts have typically bottomed around 550 thousand starts per year. Housing, while conscious of external factors like employment and interest rates, is a classic supply and demand economic model.

The April 2008 report shows total yearly starts at 927,000 and single unit starts of 607,000.

 

 

  

 

 

 


Destin Appraisals 30 Country Club Drive E. Destin, FL 32541
Phone: Fax:

Contact Us | Appraisal Info | Sandestin Info | City of Destin info | Walton County info | Okaloosa County Info | Fort Walton Beach info | Area Real Estate For Sale | Service Area Map | Market Conditions | Local Links | Estate | Divorce | News | FAQ | For Homeowners | Home | For Lenders | Appraiser Licensing | Appraiser Ethics | Appraiser Jargon | Short Sale / REO Appraisal | Appraisal Reviews

Copyright © 2008 Destin Appraisals
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map