Florida’s “Forgotten Coast” attracts home buyers looking for holiday retreats

In addition to Florida, such as Palm Beach and Miami, wealthy home buyers are flocking to some of the SUNSHINE STATE less known for dinders to find holiday retreats.

Located last year on the Gulf coast, the Gulf and Walton County last year suffered a boom of second houses, surpassing more elite and celebrating places.

Pacaso, a real estate company based in California, specializes in a luxury holiday home, has released a list of 2024 20 best holiday homes. Rating is based on the ratio of secondary and primary houses and annual price growth from 2023 to 2024.

Although the highest point went to the famous Jersey tomb May constituency, the Florida Persian Gulf County crushed silver due to its 77% of the second or original home ratio and the average house price- 1 003 183.

Located in Florida Panhandle, the County of the Gulf is part of the “Forgotten Coast” part, which indicates an undeveloped coastline with no high ups and lanes, and is famous for its pristine beaches, stunning views and starry coatings, non -pressed light pollution.

“The Gulf County, part of the Panama city subway district, boasts 244 miles from the white shore of Sandana,” says Pacaso.

Calm, living on the “forgotten coast”

According to 2020 The US Census Bureau, Gulf County offers just over 14,000 inhabitants, according to 2020. People with adventure taste and great outdoors can enjoy fishing, sailing, diving and snorkeling, as well as kayaking and rowing tables.

The forgotten coast is also just a dozen road roads from more bustling beach sites such as Panama City and Destin.

“The beaches near Florida’s forgotten coastline boast easily from state to west,” says Realtor.com Senior Economic Research Analyst Hannah Jones; “Buyers can find better deals on the Gulf coast of the Florida Persia, which could draw attention to higher places.”

According to the latest Realtor.com housing data, May May The average price of the list was $ 675,000, ie 6.5%compared to its peak a year ago, but more than 72%compared to 2019. In the middle.

Since last month, more than 360 homes have been sold in the Gulf County, marking the highest record inventory.

The highest city in the county is Port St. Joe, where in March Typical houses for $ 495,000 were sold, which was more than 30% higher than the county’s median.

A luxurious escape on the Emerald Coast

The Walton County of the Emerald Coast, Northwest Florida, ranked third in the list of Pacaso’s most popular holiday home markets in the US for the winning secondary and primary home ratio, while the average home price is 1 444 503.

“Walton has a famous 30A, a picturesque coastal highway, with many popular beach cities near Emerald Coast, including Alys beach, Seacrest and the seashore, so this is the most important place to find out the holiday home,” writes Pacaso.

This area boasts 26 miles from a flawless sugar white beaches, 15 rare coastal dune lakes and more than 200 miles of footpaths, including 19 miles on a tympoooche trail that can be explored on foot or by bicycle.

History lovers will certainly be fascinated by the wonderful town of Defuniak Springs, marked with nearly 200 historic buildings, including what is believed to be the oldest Florida library, established in 1886.

Compared to the Gulf County, the Walton County is more expensive and the average list of the list is $ 965,000 since May, which is 3.4% per year, but more than 53% more than six years ago.

Based on the last March According to sales, the average sales price in Walton was $ 690,000 that month. March Was more than 86% increased.

The city of Santa Rosa was the most expensive in the district, and in March. The average sale price was $ 850,000.

In May, the Walton County was sold in more than 2,600 homes, which were sold almost 14% more than a year ago.

“The Walton County offers buyers the highest level of beaches and many amenities at a lower price than some more popular cities in Florida Beach,” says Jones.

Among the 13 states represented by Pacaso in 2024. The list, Florida, included the most rating houses markets, demanding five places.

Without the Gulf and Walton County, Collier County took fifth place, Palm Bych County took 12th place, and Nasau County took 17th place.

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