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August 3, 2012 By Karen

Watercolor market activity July 2012

Watercolor Inn              WATERCOLOR CONDOMINIUMS            GULF FRONT RESIDENCES

July 2012 has been a very active month for sales of Watercolor Homes and properties throughout the development.  Since 7/1/2012, 11 houses sold within the development, including 243 Western Lake Drive(5426 sq ft) 6 bedrooms 7.5 baths for $2.9m.  The most active category of sales has been 5 or more bedrooms ranging in price from $1-$2m of which there were 6 new owners.  As of August 2, 2012, there are 17 homes within Watercolor that are under contract and 63 houses available for purchase.

Presently, there are 11 homes on the market for less than $1m, most of which are located in Phases IV and V.  Pay particular attention to 33 Bluestream listed for $949,900 on the market for 128 days.  If your price point is between $1 and $2m, there are 34 active listings for sale in Watercolor.

Watercolor homesites have been VERY active all year, and there is a tremendous amount of construction throughout the development particularly in Phase III.  In the month of July, 5 lots were sold ranging in price from $325,000-$1.36m for 143 Vermillion Way which is one of the most desirable lake homesites in Phase III.  Presently, there are 3 homesites under contract, and 25 lots for sale.  The inventory in Phases I, II, and III is beginning to run very low, with few opportunities to build your dream home within them

Watercolor also has a few condominiums still available.  There are 6 Watercolor Condominiums for sale, and 3 under contract.

If you are searching for the perfect property in the much sought after Watercolor, please give me a call, and we will discuss what you are looking for in a second home.

Billy Gorman 850-225-3151 billy@beachpropertiesofflorid.com

See you at the Beach!

Filed Under: 30a Blog, 30A Real Estate, Gulf Front Developments, WaterColor Real Estate Tagged With: 30A real estate market, adagio photos, Coastal Dune Lakes, phase 3 watercolor homes, watercolor condos, watercolor gulf front homes, watercolor homes. watercolor lots, watercolor phase 1, watercolor real estate search, watercolor sales, watercolor update, watercolors houses for sale

July 8, 2012 By Karen

Watercolor Market Update

Recently Sold #8 Gulf Front Watercolor Condominium $1,350,000 approximately 2800 square feet

The Beaches of South Walton and the Scenic 30A Corridor have hosted many happy visitors this summer.  Many in the hospitality industry have said that this is the busiest season they have ever seen.

The real estate market has been VERY active, and sales are STRONG.

One of the historically most sought after properties has been and continues to be the community of Watercolor.  There is a tremendous amount of new construction throughout the development, and particularly in Phase III.

Since April 1, 28 Watercolor Homes have Sold with 17 additional houses under contract and slated to close within the next several weeks including a $2.3m residence.  There has also been a great deal of homesite closings within the same time period.  Presently there are 23 Watercolor Homesites for sale, 5 lots under contract, and 18 that have sold within the past 3 months.  Watercolor Condominiums have been very popular as well.  There are presently only 7 Watercolor condominiums on the market, 3 that are contracted, and 4 sales since the beginning of April.  Included in that mix is the sale of #8 Gulf Front Residence for $1.35m for approximately 2800 square feet.

If you are interested in becoming an owner in Watercolor,  the time is here to purchase, before it is too late.

See you at the Beach!!!

Filed Under: 30a Blog, Uncategorized, WaterColor Real Estate Tagged With: 30a, 30A Condominiums, 30A real estate market, beaches of walton county, gulf front condo, gulf front condominiums, gulf front watercolor, homes for sale, phase 3 watercolor homes, phase 3 watercolor lots, Scenic 30A Corridor, watercolor homes. watercolor lots, Watercolor Phase 3, watercolor photos, watercolor property, watercolor real estate search, watercolor sales, watercolot condominiums


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