30A Weekly Market Update: April 15, 2024

1. New Listings on the Rise

This week saw a notable increase in market listings, with 60 new properties hitting the scene, up by 12 from last week. These homes entered the market with an average list price of approximately $2.45 million each, showcasing the premium nature of 30A properties.

2. Pending Sales Dip Slightly

The number of homes that went pending this week experienced a small decrease, totaling 21 properties compared to 25 the previous week. The average list price among these pending properties stood tall at $3.45 million, indicating a continued demand for luxury listings.

3. Consistent Closed Sales

Consistent Closing Numbers: The sale front remained steady with 25 homes closing, mirroring last week’s numbers. These properties closed at an average sale price of $2.91 million, with a sale-to-list price ratio of 93.1%, suggesting that homes are selling close to their asking prices but buyers still have some leverage.

4. Total Listings on the Rise

Total available listings surged this week to 868 homes, up by 19 from last week, providing more options for potential buyers. The average list price across these available homes was $2.9 million, with homes spending an average of 125 days on the market.

Wrapping Up...

As always, whether you’re considering selling your property or contemplating buying a dream home on 30A, these numbers signify a dynamic market landscape. If you have questions about how these trends might impact your real estate decisions, feel free to reach out via a quick direct message. I’m here to help you navigate this complex market and secure your slice of beach paradise.

Until next week, let’s make the most of life on 30A. Here’s to finding your perfect beach home or getting the best value for your property!

Stay tuned for more updates every Monday to keep you informed and ahead in the 30A real estate market. If you're thinking about buying or selling, now might be the time to get in touch and discuss your options!