The Current Real Estate Market on Florida's Forgotten Coast

The Forgotten Coast of Florida, also known as the "Quiet Florida," is a hidden gem that has recently been gaining attention from both tourists and real estate investors. This stretch of coastline, located in the Florida Panhandle, is home to charming small towns, beautiful beaches, and a laid-back lifestyle. But what is the current state of the real estate market on Florida's Forgotten Coast?

The Numbers

According to recent data from the Florida Realtors Association, the real estate market on Florida's Forgotten Coast is experiencing a steady and healthy growth. In the first quarter of 2021, the median sales price for single-family homes increased by 12.5% compared to the same period in 2020. The number of closed sales also saw a significant rise of 37.3%, indicating a high demand for properties in this area.

Another noteworthy statistic is the decrease in inventory of single-family homes, which dropped by 59.2% in the first quarter of 2021. This limited inventory, combined with the high demand, is contributing to the competitive market on Florida's Forgotten Coast.

Why Is This Happening?

The pandemic has played a significant role in the current real estate market on Florida's Forgotten Coast. With travel restrictions and remote work becoming the norm, many people are seeking refuge in smaller, more affordable and less crowded areas. This has led to an influx of buyers from bigger cities, looking to purchase second homes or permanently relocate to the Forgotten Coast.

Additionally, Florida's favorable tax laws and affordable cost of living make it an attractive destination for retirees and investors. The appeal of living near uncrowded beaches and having access to outdoor activities all year round also adds to the allure of the Forgotten Coast.

The Best Resource for Buying and Selling on the Forgotten Coast

As the real estate market on Florida's Forgotten Coast continues to heat up, it's crucial to have a knowledgeable and experienced real estate agent by your side. That's where Camille Duke of Jeep Girl Realty comes in. Camille has been a resident of the Forgotten Coast for over a decade and is intimately familiar with the area. She is dedicated to helping her clients find their dream home or investment property on the Forgotten Coast.

Camille's in-depth understanding of the local real estate market, combined with her strong negotiation skills and exceptional customer service, make her the best resource for buying and selling on the Forgotten Coast. Whether you're looking to buy or sell a property, Camille and her team at Jeep Girl Realty will guide you every step of the way, making the process as smooth and stress-free as possible.

In conclusion, the real estate market on Florida's Forgotten Coast is thriving, and it's a great time to buy or sell a property in this area. If you're interested in exploring the opportunities on the Forgotten Coast, be sure to contact Camille Duke at Jeep Girl Realty, the best resource for all your real estate needs on the Forgotten Coast.