Rosemary Beach Condo Sales Update
Located on Florida's beautiful Gulf Coast, Rosemary Beach has a unique array of architecturally interesting and expertly designed condominium homes. Many of these condos surround the popular Barrett Square. Pricing on these exclusive condos is less predictable than in other less distinctive neighborhoods. Rosemary Beach condos are so unique that it is difficult to assign an "average" price for condos in the area. Prospective buyers can get a feel for the market by reviewing the pricing history of Rosemary Beach condos.
Price break-down graphs are included for the various condominium buildings at Rosemary Beach. The graphs only show pricing for the two-bedroom floor plans.
Click on image below to see the full size graph
Several factors come into play when analyzing the pricing history of Rosemary Beach condos. Due to the real estate market and financial crisis in 2007-2008, Rosemary Beach condo sales dropped from 2007 to 2010. Next came the bottoming of the market from 2011 to 2013 and a return of sales volumes. Sales continued in 2013 and 2014 but at a much higher price than at the bottom.
Rosemary Beach condo update for Feb 2015
While prices in many condos have seen recovery since the bottoming of the market, Rosemary Beach is still below original pre-construction prices for many of the buildings and floor plans. Rosemary Beach's unique layouts and floor plans make it hard to evaluate in terms of price. Two separate two-bedroom condos in the same building may have drastically different layouts and views. While difficult to evaluate from a pricing standpoint, this is one of the aspects of Rosemary Beach that make it so unique and desirable to buyers.
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