Back HomeThere was a 4% decrease in the number of homes sold in 2018 compared to 2017. Average home prices were mixed over the past 12 months with water direct homes up 7% , water indirect down 16% and Inland homes up 7%. Lot sales slowed in the 1st quarter, but were up year over year 9%. Over the last 12 months the average water direct lot sale price was down 20% with 12 sales in the quarter, indirect lot average prices were up 4% with 10 sales, and Inland lot prices were up an average of 3% on 7 sales. Total home units sold in 2018 versus the same period in 2017 were down 5, with 9 fewer water indirect, 2 more water indirect, and 2 more inland homes sold. Total lot units sold in 2018 versus the same period in 2017 were down 13, with 3 fewer water direct, 0 more water indirect, and 10 less inland lots sold. Total condo units sold in 2018 versus the same period in 2017 were down 5, with 2 more beach/gulf, 2 more waterfront, and 9 fewer inland condos sold. Overall, Inventory levels are down 11% from last year, with pending units up by 15% in 2018.
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