Q1 2025 Real Estate Market Report: From Destin to 30A Communities

As we close out the first quarter of 2025, the Northwest Florida real estate market is showing clear signs of recalibration. From Destin to 30A, we're seeing strategic opportunities emerge for savvy buyers and investors, especially as sellers adjust pricing to meet today’s market dynamics.

Here’s a breakdown of what’s happening across our key beach communities:

Destin Market Overview
Sold Listings: 174 YTD (â–Ľ 3.9% from 2024)
Dollar Volume: $164.7M YTD (â–Ľ 6.8%)
Median Sale Price: $627,000 YTD (â–Ľ 5.7%)

Key Takeaway: Destin is experiencing a moderate slowdown in price and volume. With a year-over-year median price drop of 5.7%, buyers have more room to negotiate while sellers…

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Win the Ultimate Sandestin Getaway: The Agency Sandestin Sweepstakes!

Dreaming of a luxurious escape to Sandestin? Now’s your chance! The Agency Sandestin is thrilled to launch our Stay & Play Sweepstakes, where one lucky winner will enjoy an unforgettable experience in paradise.

The Prize:
One winner will receive an exclusive *2-night stay at Osprey Pointe*, a *$150 dining credit* to the Beach Club Sandestin, and a *round of golf for two* at the prestigious Burnt Pine Golf Club. Whether you’re soaking in the coastal charm, indulging in top-tier dining, or teeing off on one of the most stunning golf courses in Florida, this getaway promises a taste of the Sandestin lifestyle you won’t want to leave!

 How to Enter:
It’s easy to enter and win!…

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Miramar Beach Real Estate Market Update – February 2025

Thinking about buying or selling in Miramar Beach? Here's what you need to know about the latest market trends and what they mean for you.

Key Takeaways from February:

  • Home Prices Are Shifting: While the average list price jumped to $1,119,239 (+37%), the average sold price dropped to $858,545 (-27.5%). This means sellers are aiming high, but buyers are negotiating better deals.

  • More Homes on the Market: New listings increased by 10.9%, giving buyers more options to choose from.

  • Homes Are Selling Faster: The number of sold properties rose by 10%, showing that well-priced homes are moving quickly.

Is It a Good Time to Sell?

If you're thinking of selling,…

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The Agency Sandestin Welcomes Glen Stegemann as Broker & Executive Director: A New Era Begins.

Big things are happening at The Agency Sandestin! We’re thrilled to announce Glen Stegemann as our new Broker and Executive Director, a transformative step that aligns with our rebranding from Sandestin Real Estate to The Agency Sandestin. This rebrand isn’t just a name change—it’s the beginning of a new era, combining the legacy of local expertise with The Agency’s renowned luxury real estate approach and global reach.

Glen Stegemann brings an impressive 30+ years of experience in sales management and operations to his new role. Having led high-performing teams and established successful real estate ventures across Florida, Glen’s track record speaks for…

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Exciting News: The Agency Has Arrived in Sandestin!

We’re thrilled to announce that we are now The Agency Sandestin! Nestled in the heart of Miramar Beach at the iconic Sandestin Golf and Beach Resort, our office is ready to redefine luxury real estate along Florida’s emerald coast. By joining forces with The Agency’s global network, we’re bringing world-class service and innovative strategies to one of the Sunshine State’s most coveted destinations.

Why Sandestin and Miramar Beach?

Picture this: white quartz sand beaches, emerald-green waters, and a community that blends laid-back coastal charm with sophisticated  living. Sandestin is more than a destination; it’s a lifestyle. With its four championship golf courses, luxury vacation rentals, and…

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As we begin 2025, we now have the opportunity to reflect on the final numbers of 2024. From Sandestin Golf and Beach Resort and Miramar Beach to Destin and 30A, each area has demonstrated its unique dynamics, offering valuable insights for buyers, sellers, and investors alike.

Sandestin Golf and Beach Resort

Sandestin continues to be a coveted destination for those seeking a blend of luxury and lifestyle.

  • Detached Single-Family Homes:

    • Sold: 114
    • Median Sales Price: $1,114,500
    • Average Days on Market: 91

  • Condominiums:

    • Sold: 154
    • Median Sales Price: $565,410
    • Average Days on Market: 113

Despite slightly longer days on market for condos, Sandestin remains a strong contender for buyers looking to…

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Homes & Holiday Treats Open House Tour

Celebrate the season with us as we showcase stunning homes and festive holiday treats! This special event combines the joy of house hunting with holiday cheer. Don’t miss your chance to explore beautiful properties and enter to win a fabulous grand prize. Here’s everything you need to know:

How to Participate:
  1. Tour the Homes: Visit as many of the featured properties as possible to experience their unique features and festive ambiance.
  2. Collect Words: Each property will have a special code word. The more words you collect, the higher your chances of winning the grand prize.
  3. Taste & Enjoy: Savor holiday treats at every location—it’s a feast for the senses!
  4. Submit Your Entry:…

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As we reflect on 2024, it's clear that our local real estate market has shown remarkable resilience and growth, positioning us for an even brighter 2025. This year brought its share of challenges—from fluctuating mortgage rates to inventory shortages—but it also brought opportunity and a renewed sense of optimism for buyers, sellers, and agents alike.

Encouraging Trends in 2024

One of the most exciting trends we've seen is the steady rebound in homebuyer activity. According to Redfin, their Homebuyer Demand Index reached its highest levels since September 2023, with pending home sales rising 6.5% year-over-year. Mortgage-purchase applications also jumped 17% month-over-month to their highest levels since January. These numbers reflect a market that’s…

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As we wrap up the third quarter of 2024, the Sandestin and Miramar Beach real estate markets have continued to show a healthy performance. With steady growth in home prices and consistent sales activity, it's clear that demand remains high for properties in this beautiful area.

Miramar Beach Market Highlights

Miramar Beach has seen a slight but notable increase in median home prices over the last 12 months.

  • Median Sold Price: $750,000
  • Price per Square Foot: $486
  • Increase Since September 2023: +1.4% (+$10,000)

Homes in Miramar Beach are selling for 1.4% more than they were a year ago, highlighting a steady rise in property values.

Meanwhile, TThe third quarter of 2024 in the The Agency Sandestin market saw consistent activity, with steady…

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Experience an extraordinary dining event that brings the rich heritage of LOUIS XIII to Sandestin. Begin your evening with a glass of Telmont Champagne and a selection of gourmet hors d'oeuvres, setting the tone for an indulgent five-course dinner. Each course is thoughtfully paired with premium wines, elevating this luxurious dining experience.

A Multi-Sensory Cognac Tasting
Guided by Vania Toledo, the esteemed LOUIS XIII Brand Ambassador, you'll embark on a sensory journey through the intricate aromas and flavors of LOUIS XIII, uncovering the craftsmanship behind this legendary cognac.

Enter the Prestigious LOUIS XIII Society
The evening concludes with a special induction into the LOUIS XIII Society. Each guest will receive a personalized decanter…

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