September real estate stats show mild improvement (Document)

Published: Tuesday, October 30, 2012 at 11:38 AM.

Walton County had 118 single-family homes sold last month, a 15.7 percent increase from last September when 102 homes were sold. However, the average sale price for those homes was down slightly, from $458,603 last September to $456,938 last month.

Townhome and condominium sales in Walton County were down 27.4 percent, from 62 units sold in September 2011 to 45 units sold this September. However, the average sale price for those units increased by nearly 24 percent, from $306,924 last year to $380,413 last month.

September was a strong month for Santa Rosa County’s real estate market. Single-family home sales increased from 168 closings in September 2011 to 177 closings this September, and the average sale price of $194,454 was a 6.1 percent increase from the previous year.

“The outlook for the local market continues to be positive,” Rutland wrote. “Agents are reporting that some listings are receiving multiple bids and are going under contract shortly after hitting the market.”

Contact Daily News Business Editor Dusty Ricketts at 850-315-4448 or Follow him on Twitter @DustyRnwfdn.

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