Emerald Coast Condos for sale presented by B. J. Chandler Realtor

Condos For Sale

Destin Florida & Vicinity

 

Realtor

B. J. Chandler

Broker/Owner

(850) 865-2163

bj.chandler@remax.net

Main  |   Condos By Complex  |   Condos By Price  |   Homes By Subdivision  |   Homes By Price

Selling your property?  No one in the world sells more real estate than RE/MAX.  (850) 865-2163
Featured
Condos For Sale
Condo For Sale
EMERALD TOWERS CONDO
Unit # 203
Beds:
2
Baths:
2
Sq Ft:
1,126
Year:
1984
$335,000
Condo For Sale
ARIEL DUNES
Unit # 2003
Beds:
2
Baths:
2
Sq Ft:
1,175
Year:
2006
$309,000
Condo For Sale
AEGEAN CONDO
Unit # 101
Beds:
2
Baths:
2
Sq Ft:
1,510
Year:
1977
$565,000
Condo For Sale
PALMS CONDO
Unit # 404
Beds:
2
Baths:
2
Sq Ft:
1,091
Year:
1998
$329,900
hammock man relaxing

Looking for Destin Condos For Sale?

Relax....you've come to the right place!


Destin Florida Condos - Market Update

March 2010 -- The condo market continues to improve slowly but steadily with the number of sales trending upward again this year.  The increase in consumer interest has tended to stabilized prices.  The sustained buyer interest is expected to continue.

Inventory Trend.  While sales have increased and a slow recovery is occurring in the condo market, market recovery is still fragile due to the large number of condos (2,324 units) for sale in our local area.  Condo inventory has decreased approximately 8% over the past eight months.  However, the inventory remains high and the large number of condos for sale means that sellers outnumber buyers and prices will hover near the bottom for a time to come.  Our property summary table below shows the distribution of the condo inventory across the geographic markets of our area.

Destin Condo Sales Slow, but Not Stagnant.  If you find that perfect beach condo - go for it.  Don't count on it being available later.  Don't confuse "slow sales" with "no sales" and remember that there are likely to be other bargain shoppers looking at the same property you are for all the same reasons.

Looking for a Short Sale, Foreclosure, or REO Property?   Financially distressed property accounted for over half of all condo units going under contract this past month.  Bargains can be found in distressed property, but there are perils involved and experience is needed.  For example, all banks and lending institutions require "as Is" contracts which take away specific buyer friendly clauses.  Also, as banks and other lending institutions have become inundated with short sale requests, the time it takes for bank review and acceptance of buyer offers has become longer and longer.  Many banks now take 120 days and even 180 days to accept, respond, and close the deal.  That means a long time in "limbo" for buyers who seek financially distressed property.  A "normal" deal between buyer and seller with no bank or lender involved can be completed in 30 days.  Professional help with this difficult process is important - and available.  Just call us!

Overall Condo Value Trends.  Statistics show condo values along the coast have adjusted downward 40-45% from their market peak in 2005.  Although a slight downward trend continues, recent decreases in interest rates, property taxes, and hazard insurance are beginning to lessen  the cost of ownership and assert a positive effect in our local market tempo and stabilize prices.  While difficult for sellers, buyers have never had it so good.  Condo buyers looking for a bargain can expect to be rewarded.  This is especially true in the next few months and improving interest rates replenish the number of buyers seeking bargains in the market.

Remember .. true bargains are scarce.  Just because there is a lot of inventory doesn't mean there are a lot of genuine bargains. Buyers searching for bargains must do their homework.  Although true bargains are scarce, smart buyers teamed a smart Realtor team can find them.  We're here to help if you need us!

Condos for For Sale

Please let us know if I may assist you in obtaining detailed information for properties located in any of the following cities or regions below.

Emerald Coast Map
Area
Condos
Town Homes
Homes
Lots / Land
Total
GRAYTON BEACH AREA
261
24
453
468
1,206
SANDESTIN
333
55
146
70
604
SANTA ROSA BEACH
134
29
408
736
1,307
FORT WALTON BEACH
422
127
367
69
985
MIRAMAR BEACH
378
38
168
122
706
DESTIN
740
60
408
196
1,404
NICEVILLE
27
62
271
104
464
FREEPORT
0
10
151
285
446
NAVARRE
29
10
167
180
386
Total:
2,324
415
2,539
2,230
7,508

Condos for sale -- Search by City and Complex

Condos for sale - sorted by City and Complex -- we now provide a way for you to search for all Condos for sale at over 1,200 neighborhoods within 25 miles of Destin.  Use the links below to find your favorite condo for sale, bookmark the page, and return often to keep track of local condo inventory and prices.

About Our Site

IMPORTANT NOTE: All information provided on this site is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

RELIABILITY: RE/MAX Paradise Properties strives to ensure the accuracy of the data contained within this site. Information is deemed reliable, but is not guaranteed.

Condos
  For Sale

Main  |   Condos By Complex  |   Condos By Price  |   Homes By Subdivision  |   Homes By Price

Selling your property?  No one in the world sells more real estate than RE/MAX.  (850) 865-2163

Re/Max Paradise Properties
12815 Highway 98 West
Destin FL 32550
(850) 865-2163