Rosemary Beach – under $500,000? Not any more!
March 18, 2014 | Miriam Dillon
Almost a year ago, I reported here on the properties that were available to purchase in Rosemary Beach for under $500,000. At that time there were 6 properties on the market. Today, they have all sold and there are no homes or condos that can be purchased for under $500,000 in Rosemary Beach. 30A gulf front homes and communities are in high demand!
The new entry price point is $699,000 (list price) and is a 2 bedroom condo in the Lofts on the north side of 30A. Click here for more details on this property. The sell to list price for condos over the last 6 months has ranged 93% – 96%.
Under $1,000,000, there are 6 total properties on the market in Rosemary Beach – 2 condos and 4 homes. The sell to list price for homes sold in this price range over the last 6 months has averaged about 92% -94%.
Like all of the beautiful 30A gulf front homes and communities, Rosemary Beach has seen a gradual increase in value over the last 2-3 years. We have not reached the point of a total seller’s market, but we are no longer a buyer’s market to the degree we were a few years ago. The market appears to be much more balanced these days.
Your Odds of Selling are Excellent!
If you are a seller and have a home under $1,000,000 in Rosemary, your odds of selling are excellent! We will post a couple of charts in the next few days showing you exactly how good your odds are, so check back often. If you can’t wait – email me at firstname.lastname@example.org and I will send them to you now.