Market Insights: Number of Transactions and Listings

What’s Going On With the Market: Transactions and Listings

Let’s take a look at what’s been happening around the Destin area — Okaloosa Island, Destin, and Miramar Beach — over the past few months.

Number of Transactions

Here’s what’s interesting:
We’ve seen four straight months of year-over-year increases in condo sales.
And they’re not just up — they’re up big.

So, what does that mean?

To me, it’s a strong sign that buyers are coming back into the market. It also suggests that some sellers are adjusting prices just enough to get deals done.

Of course, falling mortgage rates are helping too. Lower rates mean buyers suddenly have more purchasing power, which is bringing more people off the sidelines.

Looking ahead, many experts expect rates to keep easing into next year — and possibly into 2027.

If that happens, we can expect to see even more buyers returning and more transactions taking place along the coast.

Number of Listings

The number of people looking to sell dropped sharply from June through August, but that trend made a full 180 in September when listings jumped significantly.

So what’s driving the change?

A few things could be at play:

• Post-summer timing: Some owners wanted to finish out the summer rental season before listing.

• Shifting strategies: Others realized their investment isn’t performing like they hoped and decided to sell before conditions tighten.

• Market momentum: Some are reacting to the increase in buyer activity and want to take advantage while demand feels stronger.

Own a Rental Property?

If you own a rental property, now’s a great time to make sure it’s performing at its best.

Click here for a Free Rental Income Review and see what top properties in your area are earning.

Because in this market, small adjustments can make a big difference.