Sales activity throughout St. George Island, Apalachicola, Carrabelle and Eastpoint was down for the final month of the year – December 2023 with 33 total sales – 18 single family homes, 3 condo/town homes, 1 mobile home and 11 residential home sites. Carrabelle saw the most activity with 14 total sales – 7 single family homes, 2 condo/town homes and 5 residential home sites. St. George Island had 6 total sales – 5 single family homes and 1 residential home site. Apalachicola had 5 total sales – 3 single family homes, 1 condo and 1 residential home site. Eastpoint had 8 total sales – 3 single family homes, 1 mobile home and 4 residential home sites. Sales ranged from a low of $15,000 for a residential home site in St. James Bay to $1,815,000 for a 4 bedroom/4 bath 1st tier newer construction gulf view home with private pool located in the Gulf Beaches on St. George Island.
Sales activity throughout the St. George Island, Apalachicola, Carrabelle and Eastpoint areas was down quite a bit in 2023 as compared to 2022. However, we continued to see an increase in sales prices compared to 2022. Sales activity decreases were triggered primarily by an increase in interest rates. Hopefully we will see an increase in sales activity in 2024 and continued stabilization in list prices. Sales summaries and statistics for St. George Island, Apalachicola, Carrabelle and Eastpoint are as follows:
St. George Island:
- 2023 sales of homes & condo/town homes – 95
- 2022 sales of homes & condo/town homes – 135
- Decrease in total sales for 2023 – 30%
- 2023 Average list price of homes & condo/town ho3es – $1,319,925
- 2022 Average list price of homes & condo/town homes – $1,264,897
- Increase in average list price for 2023 – 4%
- 2023 Average sold price of homes & condo/town homes – $1,251,485
- 2022 Average sold price of homes & condo/town homes – $1,198,320
- Increase in average sold price for 2023 – 4%
- 2023 Average days on market – 97
- 2022 Average days on market – 73
- Increase in average days on market for 2023 – 33%
- 2023 % of sales to list price – 95%
- 2022 % of sales to list price – 95%
- Decrease in % of sales to price for 2023 – 0%
Apalachicola:
- 2023 sales of homes & condo/town homes – 48
- 2022 sales of homes & condo/town homes – 52
- Decrease in total sales for 2023 – 8%
- 2023 Average list price of homes & condo/town %homes – $393,848
- 2022 Average list price of homes & condo/town homes – $396,123
- Decrease in average list price for 2023 – 1%
- 2023 Average sold price of homes & condo/town homes – $372,738
- 2022 Average sold price of homes & condo/town homes – $369,935
- Increase in average sold price for 2023 – 1%
- 2023 Average days on market – 121
- 2022 Average days on market – 151
- Decrease in average days on market for 2023 – 20%
- 2023 % of sales to list price – 95%
- 2022 % of sales to list price – 93%
- Increase in % of sales to price for 2023 – 1%
Carrabelle:
- 2023 sales of homes & condo/town homes – 108
- 2022 sales of homes & condo/town homes – 131
- Decrease in total sales for 2023 – 18%
- 2023 Average list price of homes & condo/town homes – $388,127
- 2022 Average list price of homes & condo/town homes – $353,105
- Increase in average list price for 2023 – 10%
- 2023 Average sold price of homes & condo/town homes – $371,310
- 2022 Average sold price of homes & condo/town homes – $338,683
- Increase in average sold price for 2023 – 10%
- 2023 Average days on market – 110
- 2022 Average days on market – 63
- Increase in average days on market for 2023 -75%
- 2023 % of sales to list price – 96%
- 2022 % of sales to list price – 96%
- Increase in % of sales to price for 2023 – 0%
Eastpoint:
- 2023 sales of homes – 31
- 2022 sales of homes – 36
- Decrease in total sales for 2023 – 14%
- 2023 Average list price of homes – $497,532
- 2022 Average list price of homes – $443,639
- Increase in average list price for 2023 – 12%
- 2023 Average sold price of homes – $474,984
- 2022 Average sold price of homes – $426,113
- Increase in average sold price for 2023 – 11%
- 2023 Average days on market – 121
- 2022 Average days on market – 107
- Increase in average days on market for 2023 – 13%
- 2023 % of sales to list price – 95%
- 2022 % of sales to list price – 96%
- Decrease in % of sales to price for 2023 – 1%
The above summaries include just single family homes and condo/town homes.. I would be glad to provide the same information for residential home sites and commercial properties. I can also provide this information for Port St. Joe, Cape San Blas and Mexico Beach.
See below a detailed summary of sales by area:
ST GEORGE ISLAND
RESIDENTIAL HOME SITES:
MLS# 314674 – 1510 Gulf View Way – .78 acre gulf front lot located in Resort Village in the Planation List price – $1,500,000 Sold price – $1,430,000 Days on market – 111 Days under contract – 34 Cash purchase SP/LP – 95.33%
SIINGLE FAMILY HOMES:
MLS# 315632 – 1240 Sea Dune Dr – 3 bedroom/2 bath split level beach house located in Sea Dune Village in the Plantation List price – $549,000 Sold price – $549,000 Days on market – 2 Days under contract – 49 Cash purchase SP/LP – 100%
MLS# 315625 – 741 W Pine Ave – 3 bedroom/2 bath beach house located in the Gulf Beaches List price – $649,000 Sold price – $640,000 Days on market – 16 Days under contract – 31 Conventional financing SP/LP – 98.61%
MLS# 315529 – 1648 Ivy Way – 4 bedroom/3 bath split level beach house located in Pebble Beach Village in the Plantation List price – $749,000 Sold price – $656,000 Days on market – 24 Days under contract – 28 Cash purchase SP/LP – 87.6%
MLS# 315321 – 1947 Indian Harbor Rd – 3 bedroom/2 bath bay view home located in Indian Bay Village in the Plantation List price – $899,000 Sold price – $775,000 Days on market – 53 Days under contract – 43 Conventional financing – $10,000 price reduction for repairs SP/LP – 86.2%
MLS# 315502 – 673 E Gorrie Dr – 4 bedroom/4 bath 1st tier gulf view newer construction home with private pool located in the Gulf Beaches List price – $1,845,000 Sold price – $1,815,000 Days on market – 9 Days under contract – 49 Conventional financing SP/LP – 98.4%
APALACHICOLA
RESIDENTIAL HOME SITES:
MLS# 315781 – 2671 Bluff Rd. – 1 acre lot located in Greater Apalachicola List price – $59,000 Sold price – $59,000 Days on market – 24 Days under contract – 27 Cash purchase – Buyer paid all closing costs SP/LP – 100%
SINGLE FAMILY HOMES/CONDOS:
MLS# 315246 – 325 Bay City Rd – 3 bedroom/2 bath home sitting on 2 acres located in Greater Apalachicola List price – $225,000 Sold price – $225,000 Days on market – 17 Days under contract – 14 Cash purchase SP/LP – 100%
MLS# 313211 – 270 Prado St – Unit A-4 – 3 bedroom/2.5 bath new construction condo with attached garage located in Greater Apalachicola List price – $269,900 Sold price – $259,900 Days on market – 334 VA Financing SP/LP – 96.3%
MLS# 313645 – 154 Bay Colony Way – 3 bedroom/2 bath newer construction home located in Bay Colony subdivision in Greater Apalachicola List price – $479,000 Sold price – $460,000 Days on market – 224 Days under contract – 47 Conventional financing SP/LP – 96%
MLS# 311898 – 28 7th St – 3 bedroom/2 bath renovated historical home located in the Historic South Side List price – $675,000 Sold price – $630,000 Days on market – 481 Days under contract – 40 Cash purchase SP/LP – 93.3%
CARRABELLE
RESIDENTIAL HOME SITES:
MLS# 315852 – 155 Skimmer Dr – .08 acre lot located in St. James Bay subdivision List price – $19,000 Sold price – $15,000 Days on market – 2 Days under contract – 15 Cash purchase SP/LP – 78.95%
MLS# 315022 – 155 White Pelican Way – .22 acre lot located in St. James Bay subdivision List price – $35,900 Sold price – $33,500 Days on market – 99 Days under contract – 37 Cash purchase SP/LP – 93.31%
MLS# 313605 – 22 Oak St – 1.09 acre lot located in Fairway Park subdivision List price – $48,900 Sold price – $35,000 Days on market – 258 Days under contract – 26 Cash purchase SP/LP – 71.57%
MLS# 316031 – 280 Royal Tern Way – .19 acre lot located in St. James Bay subdivision List price – $35,000 Sold price – $35,000 Days on market – 20 Days under contract – 19 Cash purchase SP/LP – 100%
MLS# 315211 – 206 NW Ave K – .23 acre lot zoned single family/mobile home located in the City of Carrabelle List price – $46,900 Sold price – $45,500 Days on market – 69 Days under contract – 29 Cash purchase SP/LP – 99.15%
SINGLE FAMILY HOMES/CONDOS/TOWN HOMES/MOBILE HOMES:
MLS# 315390 – 7-3 Parker Ave – 2 bedroom/1 bath renovated unit in Lanark Village List price – $189,000 Sold price – $176,000 Days on market – 31 Days under contract – 42 Conventional financing SP/LP – 93.1%
MLS# 316032 – 119 Infield Rd – 3 bedroom/2 bath new construction home located in Lanark List price – $289,000 Sold price – $289,000 Days on market – 1 Conventional financing – Seller paid $2,000 in closing costs Listed by non-member office – Entered for comp purposes SP/LP – 100%
MLS# 314254 – 207 9th St – 2 bedroom/1 bath Florida cottage located in the City of Carrabelle List price – $244,999 Sold price – $310,000 Days on market – 83 Days under contract – 116 Cash purchase – Two additional lots included in sale
MLS# 315223 – 501 Ave A – Unit 501B – 3 bedroom/2 bath town home located in the Sands of Carrabelle List price – $339,500 Sold price – $290,000 Days on market – 47 Days under contract – 48 Conventional financing – Buyer paid title insurance costs SP/LP – 85.4%
MLS# 314684 – 121 Anhinga Ct – 3 bedroom/2 bath new construction home located in St. James Bay subdivision List price – $360,000 Sold price – $360,000 Days on market – 97 Days under contract – 52 Conventional financing SP/LP – 100%
MLS# 315710 – 168 Quail Run Dr – 4 bedroom/2 bath modular home located in Quail Run subdivision in Carrabelle List price – $389,000 Sold price – $360,000 Days on market – 16 Days under contract – 35 FHA financing SP/LP – 92.5%
MLS# 313249 – 119 Treehouse Cir – 3 bedroom/2.5 bath new construction home located in Summer Camp in St Teresa List price – $474,900 Sold price – $419,900 Days on market – 295 Days under contract – 32 Cash purchase SP/LP – 88.4%
MLS# 314809 – 3506 Starry Night Cir – 4 bedroom/2 bath new construction home located in Summer Camp East in St Teresa List price – $499,900 Sold price – $455,235 Days on market – 158 Days under contract – 17 Cash purchase SP/LP – 91.0%
MLS# 314720 – 300 Fairview Ln – 3 bedroom/2.5 bath new construction home located in Summer Camp in St Teresa List price – $539,900 Sold price – $512,000 Days on market – 127 Days under contract – 38 Cash purchase SP/LP – 94.8%
EASTPOINT
RESIDENTIAL HOMESITES:
MLS# 316009 – Parcel 5C Houston Rd – 3.5 acre lot zoned mixed use/mobile home List price – $70,000 Sold price – $60,000 Days on market – 128 Days under contract – 21 Cash purchase SP/LP – 85.71%
MLS# 314489 – 1347 Hwy 98 – 2.88 acre bay front lot located in Emerald Point List price – $265,000 Sold price – $230,000 Days on market – 167 Days under contract – 23 Cash purchase – Buyer paid closing SP/LP – 86.79%
MLS# 315690 – Lot 4 N Bay Shore Dr – 1 acre bay front lot located in Magnolia Bluff List price – $285,900 Sold price – $280,000 Days on market – 2 Days under contract – 43 Cash purchase SP/LP – 97.94%
MLS# 315771 – 297 Magnolia Bay Dr – 1 acre bay front lot located in Magnolia Bay subdivision List price – $399,000 Sold price – $395,000 Days on market – 1 Days under contract – 40 Conventional financing SP/LP – 99.0%
SINGLE FAMILY HOMES/MOBILE HOMES:
MLS# 315933 – 203 Old Ferry Dock Rd – 3 bedroom/2 bath mobile home located in Hickory Dip subdivision List price – $299,900 Sold price – $290,000 Days on market – 5 Days under contract – 12 Cash purchase SP/LP – 96.7%
MLS# 315638 – 665 Cypress Ln – 3 bedroom/2 bath home located in Whispering Pines subdivision List price – $310,000 Sold price – $300,000 Days on market – 10 Days under contract – 33 Cash purchase SP/LP – 96.8%
MLS# 312550 – 3761 Hwy 65 – 3 bedroom/2 bath open floor plan home List price – $360,000 Sold price – $345,000 Days on market – 380 Days under contract – 47 Cash purchase – New refrigerator SP/LP – 95.8%
MLS# 313729 – 41 S Bay Shore Dr – 4 bedroom/3 bath bay front home located in Spanish Oaks List price – $975,000 Sold price – $900,000 Days on market – 244 Days under contract – 43 Cash purchase SP/LP – 92.3%
