Lowest Inventory Levels Since 2006 – 30A to Destin FL Real Estate

March 7, 2012

in 30A Market Reports, Real Estate News

Lowest Inventory Levels Since 2006 – 30A to Destin FL Real Estate

Check out these charts. The first one compares single-family homes and condos from 30A to Destin FL real estate, in months of inventory from 2006 to 2012. We are at our lowest inventory levels in 6 years! And, so far, inventory is down in January and February 2012 compared to the same time last year. (Click image to enlarge, will open in a new window).

inventory down sales up 30a to destin fl

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Here is a chart comparing months inventory from 2003 – 2011, single-family homes and condos from 30A to Destin FL real estate. Notice how 2003 and 2004 we were at inventory levels lower than today, along with January – July 2005. It’s obvious where the market “stopped” in 2005 and inventory levels spiked. (Click image to enlarge, will open in a new window).
Inventory comparison 2003 - 2011 30A to Destin FL

 

 

 

 

 

 

 

 

 

 

 

 

 

Every indication points to the fact that either we are at the bottom of our market, or pretty darn close. I know what the media says (although I never listen to them), and I know the facts, based on actual numbers from our Multiple Listing Service….sales are up, inventory is down from 30A to Destin FL.

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{ 2 comments… read them below or add one }

Michelle Gibson March 29, 2012 at 9:02 pm

Great real estate market information for Destin.

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Erick Chavetto April 5, 2012 at 2:47 pm

Destin is just an interesting market, I think with the growth of the panhandle though in the next 5 years Destin will take off and will just be one of the top vacation towns in FL to visit. it already is up there.

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