Cape San Blas land sales are jumping back up with 10 closings in February. Cape San Blas South lead the way with 4 sales, while Cape San Blas North and the C30 corridor closed 3 each. The average sales price was $180,855 over a 79 day period. We have 13 lots under contract and 75 left to choose from. Home sales also improved with 8 closings. Again, Cape San Blas South lead the market with 5 sales (1 Bay front), Cape San Blas North closed 2 homes (1 Gulf front and C30 closed a first tier home. These sales averages $630,625 with 39 days on market. There are a whopping 19 homes under contract and 31 left for the taking.
North Gulf County had a great month with 21 land sales. White City moved 9 lots, Overstreet North 5 (1 Creek front), City of Wewa 4, Wewa 2 and Dalkeith 1. These sales held an average price of $43,152 with 70 days on market. Currently 8 lots under contract and 79 on market. There were 4 homes sales, 2 in the City of Wewa and one each in Wewa and Dalkeith. These homes closed with an average sales price of $199k over a 65 day period. As of now, we have 10 homes under contract and 30 available.
Port St Joe land market is holding its own with 3 sales. There was one sale in the sub areas of City of PSJ, Jones Homestead and Highland View. Sales averaged $82,500 with an average of 9 days on market. Currently, we have 4 lots under contract, and 26 left for the taking. All 9 of the homes sold in February were in the City of PSJ subarea with an average sales price of 294,633 over a 124 day period. Once again we have a good looking month ahead with 19 homes under contract leaving 34 on market.
Mexico Beach lot sales are still on the rise with 6 sales in February. St Joe Beach lead the way with 3 sales, WindMark Beach 2 and Mexico Beach 1. The average sales price was down $171,500 with 138 days on market. We have 9 lots under contract and 87 available. The residential market also had a nice rise with 16 home sales. WindMark Beach lead the way with 11 sales (most new construction), St Joe Beach 4 (1 Gulf front) and Mexico Beach delivered our final. These sales averaged $635,515 over a period of 114 days. March is looking good with 34 homes under contract, we have 98 homes remaining.
Team 98 and I finished February as Top Producing Agent and Brokerage in the North Gulf County market! THANK YOU for your trust, support, and encouragement, which allows us to better serve you and be the best in the business!! THANK YOU!!