Market Update for Destin October 2010

Average price per square foot for Destin FL was $181, an increase of 16.8% compared to the same period last year. The median sales price for homes in Destin FL for Jul 10 to Sep 10 was $240,000 based on 161 home sales. Compared to the same period one year ago, the median home sales price decreased 11.1%, or $30,000, and the number of home sales decreased 30.3%. There are currently 1,700 resale and new homes in Destin on Trulia, including 481 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Destin FL was $642,615 for the week ending Oct 27, which represents a decrease of 0.2%, or $1,067, compared to the prior week.
Information provided by Trulia.com.  For more information, contact http://www.destinhomerealtor.com/