This market update attempts to analyze the price of new home construction in Seacrest Beach. To understand the cost of new construction in Seacrest Beach, we'll begin by figuring out the contribution of the housing lot to the cost of the average new home. According to the latest statistics, the size of the average home in Seacrest Beach is around 2400 square feet. We'll divide the cost of the lot by 2400 to compute the price per square foot that the lot adds to the final construction cost of a new home.
With pricing that started from the low $300s, the prior release of five Alys Beach home sites situated on the north side of 30A was recently sold in its entirety.
In light of that success, five additional home sites located south of 30A were recently released. The pricing of these sites ranges from the low $500s to the mid $600s. Alys Beach represents the best in New Urban community living and features Bermudian architecture set against the white sand and clear waters of Florida's popular Gulf Coast.
Out of the five home sites comprising the most recent release, just three remain available. Each is located along the
In the summer of 2011, five attractively priced homesites were offered in the Alys Beach area, located on the southern side of Highway 30A. Each was situated on property fronting the Sea Garden pedestrian walkway that reaches from 30A all the way to the Alys Beach shoreline. The response to this offering was very positive, as evidenced by the fact that just a single homesite presently remains available at the promotional price.
Great optimism and excitement surrounds the launch of a another new undertaking that offers additional homesites priced from the lower $300s. Encircling Arboleda Park in Alys Beach, these sites will afford homeowners the ability to take advantage of more expansive outdoor living opportunities than might
Although evaluating the real estate market is never easy, there appears to be some good news for Seacrest homeowners and those who want to buy in the area. It is no secret that home prices in Seacrest have been on the decline for several years. Today, however, prices seem to be stabilizing. From 2007 through 2010, the average price of a home in Seacrest decreased nearly thirty percent. Yet from 2010 to 2011, the price per square foot of Seacrest homes fell only four dollars, or less than two percent.