Rosemary Beach – Market Update
June 25, 2013 | Miriam Dillon
Rosemary Beach, like many parts of the country, is enjoying an active market. Fewer properties on the market are driving a higher sales price over 2009 and a tighter list price to sales price ratio. Notice, however, that the average sales price for 2011, 2012 and 2013 (at least for the first 6 months of each year) is bouncing around $1.68million to $1.79million, which would indicate that prices are becoming more stable. A strong vacation rental market (some properties are generating $100,000 – $200,000 in annual revenue), combined with prices that are still a good bit below the height of the market of 2005 & 2006 ($1.9million – $2.9million) make Rosemary Beach properties an investment worth a serious look!