WaterColor Home sales during April 2012 reported to Emerald Coast Association of Realtors totaled more than $9.6 million with a mere 9 sales, with average selling price of $1,074,733. On average, the selling price was very strong at 94.5% of the list price. Current inventory has leveled off over the last few months, with 78 active listings currently. We saw a substantial decrease in the number of days these homes were on the market, only 196 days compared to March sales which averaged 577 days on the market.
WaterColor continues to do well and more and more homes are under construction. If you are interested in selling or buying in WaterColor, contact Murray Balkcom, GRI, Realtor with The Premier Property Group to assist you.