Jane Araguel and Team
Jane Araguel and Team )
Volume 2, Issue 5 May 2006
In this issue...
  • Market News
  • Market Activity
  • Just Listed
  • Just Listed
  • Additional Properties For Sale
  • Mortgage Rates
  • Meet Our Team
  •  

    We hope everyone had a safe Memorial Day weekend. May has shown a significant upturn in the Destin real estate market. As we have said in the past few months, now is still the time to buy in Destin. If you are interested in viewing property, a member of our team is always here to assist you. Someone is available 7 days a weeks to take your calls and fulfill your real estate requests. As the summer market continues to heat up we have many properties that are booked for the season and will continue to have excellent rental potential. This may be that perfect investment you are looking for.



    Market News

    Online Real Estate Deals Really Clicking in Some Regions
    Study shows regions where home buying completely online is growing.

    National New Home Sales Rise in April, Top Estimates
    Increase reported despite predictions that rising mortgage rates would result in a dramatic drop.

    NAR: FHA Reforms Would Open Doors to Homeownership for Millions of Hard-Working Families

    Today’s HOME Spun Wisdom
    Our memories can be our most cherished possessions. Here are some quotes on the subject of memories.

    Market Activity

    Statistics for Destin and South Walton West
    05/01/2006 to 05/31/2006


    Detached Single Family Homes
    Status Total Avg List $ Avg Sold $ Median Price $
    New 169 $1,111,709
    -
    $760,000
    Sold 32 $692,109 $646,813 $502,500
    Active 1134 $1,173,595
    -
    $789,950

    Condominiums
    Status Total Avg List $ Avg Sold $ Median Price $
    New 281 $745,774
    -
    $585,000
    Sold 32 $374,091 $356,547 $377,500
    Active 2421 $767,966
    -
    $585,000

    Residential/Vacant Land
    Status Total Avg List $ Avg Sold $ Median Price $
    New 46 $744,830
    -
    $560,000
    Sold 6 $673,150 $627,000 $470,000
    Active 528 $841,461
    -
    N/A

    Just Listed
    Chivas Bluff Estates

    Villa Ila Sea

    Chivas Bluff Estates

    Casual elegance situated on the top of a 35' Coastal Dune facing the Gulf of Mexico with similar homes on both sides creating a compound of unique investment properties or corporate/family complex. The home is designed to accommodate thirty guests from the dining facilities to the bedding. The main house has 8 bedrooms, several which are master suites and 8.5 baths. The guest house, on top of a 3 car garage, has 2 bedrooms and 2 baths, a kitchen and living room. Additionally, the main house has a very large conference room for meetings that may be converted to a large bunk room, two laundry rooms, gas fireplace, travertine flooring throughout the house, the kitchen and all baths have stone countertops, sound system throughout the house, an alarm system, elevator, computer nook, Cat 5 wiring and it is a "Smart Home". The main house kitchen features 60" Sub Zero Refrigerator and Freezer, Sub Zero Wine Cooler, Sub Zero Ice Maker, 2 Asko Dishwashers, Wolf Double Oven and gas stovetop and warming drawer. The cabinets in the kitchen are solid Cherry with roll out drawers and pantry system. The back deck of the home features a heated swimming pool and dune walkover to the beach. The home was built in 2003 of hard coat stucco and the finest materials to meet Florida's building codes. The decorum is upscale and relaxing. View the pictures and virtual tour or call a Realtor for your personal tour.


    10 Bedroom, 11.5 Bath, 7,384 square feet

    $6,400,000

    Click the link below to visit the exclusive Chivas Bluff Estates website
    www.ChivasBluffEstates.com
    Be sure to check the site often as more information is being added daily.

    Just Listed
    Kelly Plantation Home

    Kelly Plantation

    Immaculate home in Club Commons just steps away from the golf and owner's clubs. This home features two master suites and an open floor plan that completely opens onto a fabulous screened lanai overlooking the nature preserve which creates unsurpassed openness. Enjoy the tranquility in a captivating wooded back yard while relaxing on the Lanai. The back yard is large enough to add a pool. The home has splendid architectural features including columns, tiled floors, rich wood cabinetry, a separate eat-in kitchen area, and separate dining room. There are many upgrades! Additionally, this is one of the few homes in Kelly Plantation that is approved for a short term rental program. This house is a must see: So peaceful and quiet! Kelly Plantation homeowners enjoy the finest of amenities including the Fred Couples Signature Golf Course, Owners Club with swimming pool and fitness center, tennis, 250 acres of nature preserve, 11 miles of walking/biking trails, picnic area, playground, equestrian center, gated 24 hour security and more.

    3 Bedroom, 3 Bath, 2,189 Square Feet

    $799,900


    Additional Properties For Sale

    JUST LISTED

    HOMES

    • Details 8809 ST ANDREWS DR, DESTIN, FL - $749,000
    • Details 51 TRANQUILITY LN, DESTIN, FL - $1,299,000
    • Details 308 SHORE DR, DESTIN, FL - $1,950,000

    CONDOS

    • Details SANDPIPER COVE, #9104, DESTIN, FL - $475,000
    • Details VILLAGE OF SOUTH WALTON, #B325, SEACREST, FL - $690,000
    • Details INLET REEF CLUB, #207, DESTIN, FL - $825,000
    • Details CAPTIVA AT TOPS'L, #144, DESTIN, FL - $825,000
    • Details HOLIDAY ISLE TOWERS, #903, DESTIN, FL - $2,095,000
    • Details VILLA COYABA, #408, DESTIN, FL - $2,300,000

    Mortgage Rates

    Mortgage Rates

    U.S. averages as of May, 31 2006:

    30 yr. fixed:..........................................6.65%
    15 yr. fixed:..........................................6.26%
    1 yr. adj:..............................................5.92%

    These rate percentages are for informational purposes only. Consult your mortgage broker/bank for more infomation on current mortgage rates. A member of Jane Araguel and Team will be happy to discuss current market conditions and mortgages that may work for you.

    Meet Our Team
    Toll-Free: 1-800-650-3788

    Forward email

    This email was sent to advertise@beachcondos.com, by newsletter@beachcondos.com
    Powered by

    Jane Araguel and Team, Coldwell Banker JME Realty | 36008 Emerald Coast Parkway | Suite 501 | Destin | FL | 32541