{"id":2698,"date":"2024-11-12T12:49:15","date_gmt":"2024-11-12T18:49:15","guid":{"rendered":"https:\/\/www.beach-homes.com\/info\/?p=2698"},"modified":"2025-03-04T09:22:22","modified_gmt":"2025-03-04T15:22:22","slug":"against-choppy-housing-market-beach-homes-set-for-smoother-sailing","status":"publish","type":"post","link":"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing","title":{"rendered":"Against Choppy Housing Market, Beach Homes Set for Smoother Sailing"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-1024x683.jpg\" alt=\"\" class=\"wp-image-2700\" srcset=\"https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-1024x683.jpg 1024w, https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-300x200.jpg 300w, https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-768x512.jpg 768w, https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-1536x1024.jpg 1536w, https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Photo courtesy of Shutterstock<\/figcaption><\/figure>\n\n\n\n<p>Spanning sixteen states along the Atlantic and Gulf coasts, the Beach Real Estate Market Report provides an in-depth look at these desirable beach and coastal markets.<\/p>\n\n\n\n<p>This quarterly report from Beach Homes Realty is filled with promising news for those eyeing a waterfront lifestyle, with the total market value growing to $111 billion. Ten of the sixteen states included have a combined home and lot listing value of over $1 billion each, creating an array of opportunities for prospective beach home buyers.<\/p>\n\n\n\n<p>The complete list of states exceeding $1 billion in listings includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.beach-homes.com\/florida\" target=\"_blank\" rel=\"noreferrer noopener\">Florida<\/a> (78.7 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/south-carolina\" target=\"_blank\" rel=\"noreferrer noopener\">South Carolina<\/a> (7.58 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/texas\" target=\"_blank\" rel=\"noreferrer noopener\">Texas<\/a> (4.37 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/new-jersey\" target=\"_blank\" rel=\"noreferrer noopener\">New Jersey<\/a> ($4 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/massachusetts\" target=\"_blank\" rel=\"noreferrer noopener\">Massachusetts<\/a> ($3.86 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/north-carolina\" target=\"_blank\" rel=\"noreferrer noopener\">North Carolina<\/a> ($3.26 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/maryland\" target=\"_blank\" rel=\"noreferrer noopener\">Maryland<\/a> ($3 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/alabama\" target=\"_blank\" rel=\"noreferrer noopener\">Alabama<\/a> ($2.06 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/delaware\" target=\"_blank\" rel=\"noreferrer noopener\">Delaware<\/a> ($1.20 billion)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/connecticut\" target=\"_blank\" rel=\"noreferrer noopener\">Connecticut<\/a> ($1.10 billion)<\/li>\n<\/ul>\n\n\n\n<p>Florida also leads in the number of listings, with 59,238 beach homes and lots, followed by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Texas &#8211; 10,070<\/li>\n\n\n\n<li>South Carolina &#8211; 10,021<\/li>\n\n\n\n<li>North Carolina &#8211; 5,843<\/li>\n\n\n\n<li>Maryland &#8211; 5,682<\/li>\n\n\n\n<li>Alabama &#8211; 2,849<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/mississippi\" target=\"_blank\" rel=\"noreferrer noopener\">Mississippi <\/a>&#8211; 2,870<\/li>\n\n\n\n<li>New Jersey &#8211; 2,666<\/li>\n\n\n\n<li>Massachusetts &#8211; 2,312<\/li>\n\n\n\n<li>Delaware &#8211; 1,626<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/new-hampshire\" target=\"_blank\" rel=\"noreferrer noopener\">New Hampshire<\/a> &#8211; 653<\/li>\n\n\n\n<li>Connecticut &#8211; 630<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/louisiana\" target=\"_blank\" rel=\"noreferrer noopener\">Louisiana<\/a> &#8211; 520<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/georgia\" target=\"_blank\" rel=\"noreferrer noopener\">Georgia<\/a> &#8211; 455<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/virginia\" target=\"_blank\" rel=\"noreferrer noopener\">Virginia<\/a> &#8211; 178<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-top-beach-real-estate-markets\">Top Beach Real Estate Markets<\/h2>\n\n\n\n<p>The Fall 2024 Beach Real Estate Market Report from Beach Homes Realty presents a promising outlook for those looking to invest in beachfront properties. Naples, Florida, stands out as the leader, boasting the largest selection of properties, with a combined value of $4.88 billion in beach homes and lots.<\/p>\n\n\n\n<p>While Naples provides an abundance of options, the possibilities don\u2019t end there. Here are some of the top locations in the nation for beachfront listings:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.beach-homes.com\/florida\/fort-lauderdale\" target=\"_blank\" rel=\"noreferrer noopener\">Fort Lauderdale, Florida<\/a> &#8211; $4.12 billion<\/li>\n\n\n\n<li>Tittabawasee River, Florida &#8211; $2.76 billion<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/florida\/miami-south-miami\" target=\"_blank\" rel=\"noreferrer noopener\">Miami &#8211; South Miami, Florida<\/a> &#8211; $2.59 billion<\/li>\n\n\n\n<li><a href=\"https:\/\/www.beach-homes.com\/florida\/sunny-isles-beach\" target=\"_blank\" rel=\"noreferrer noopener\">Sunny Isles Beach, Florida <\/a>&#8211; $2.51 billion<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-nar-settlement-meets-unofficial-recession-minimal-impact-for-discretionary-housing\">NAR Settlement Meets Unofficial Recession: Minimal Impact for Discretionary Housing<\/h2>\n\n\n\n<p>While the U.S. economy remains robust, the housing market continues to navigate an unofficial recession. Despite the cooling in primary residential real estate, beach properties and other discretionary housing types are showing early signs of recovery, potentially poised to pick up momentum ahead of the broader market.<\/p>\n\n\n\n<p>Although it\u2019s too soon to determine the full effects of the NAR commission settlement, real estate commissions could see a gradual reduction across several property types. However, due to unique demand patterns and the premium often associated with beach and vacation homes, any compression in commissions may be less pronounced in these niches compared to primary residences.<\/p>\n\n\n\n<p>Glenn Phillips, CEO and Chief Economic Analyst, expects a smaller impact on beach and discretionary housing, where high-net-worth buyers appreciate the value of professional guidance.<\/p>\n\n\n\n<p>\u201cBeach home buyers are financially capable and tend to value expertise over minimal fees,\u201d said Phillips. \u201cThese clients understand that sometimes being cheap on a fee can lead to a more costly deal overall.\u201d This sentiment highlights the distinct dynamics of the beach real estate market as it navigates current economic challenges.<strong><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-factors-impacting-beach-real-estate-in-late-2024\">Factors Impacting Beach Real Estate in Late 2024<\/h2>\n\n\n\n<p>Several factors are influencing this year\u2019s housing stall. The lead-up to the presidential election traditionally slows discretionary home sales as buyers are preoccupied with election news. \u201cI don\u2019t believe people are genuinely waiting for election outcomes; they\u2019re simply distracted,\u201d Phillips noted. Additionally, he observes a seasonal slowdown in home sales during the holidays when buyers focus on work and family, which is even more noticeable for beach homes in distant markets.<\/p>\n\n\n\n<p>Rising inventories are also contributing, with many properties initially overpriced. Phillips expects more realistic pricing trends through 2025 to better meet buyer expectations.<\/p>\n\n\n\n<p>\u201cSellers are starting to understand that overpricing only keeps properties stuck in inventory,\u201d Phillips explained. \u201cThe trend toward realistic pricing should continue, helping move these homes to sellable price points.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-more-purchase-power-without-market-frenzy\">More Purchase Power Without Market Frenzy<\/h2>\n\n\n\n<p>Unlike traditional markets, beach property buyers are less impacted by interest rate fluctuations, as many pay in cash or secure favorable rates due to strong financial positions.<\/p>\n\n\n\n<p>Phillips observes that beach buyers are highly strategic, waiting patiently for the right property at the right price rather than entering the market hastily due to interest rate changes. \u201cBeach home buyers are not in a frenzy. They have the buying power and patience to wait for properties that meet their expectations,\u201d he said.<\/p>\n\n\n\n<p>Phillips urges beach property sellers to consider the national competition from other beach areas when setting prices. Buyers on Beach-Homes.com often compare multiple beaches in different states, creating a competitive landscape that requires sellers to price accurately against similar properties nationwide.<\/p>\n\n\n\n<p>\u201cSellers must recognize they\u2019re competing not only with local listings but also with properties on other beaches across the country,\u201d Phillips explained. While broad marketing is essential, he emphasizes, \u201cI want to be clear: <strong>NO amount of marketing can overcome overpricing!<\/strong>\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-top-5-most-expensive-beaches-for-home-listings-average-price\">Top 5 Most Expensive Beaches for Home Listings (Average Price)<\/h3>\n\n\n\n<p>1.<a href=\"https:\/\/www.beach-homes.com\/florida\/manalapan\" target=\"_blank\" rel=\"noreferrer noopener\"> Manalapan, FL<\/a> \u2013 Avg. of $38,800,643<\/p>\n\n\n\n<p>2.<a href=\"https:\/\/www.beach-homes.com\/florida\/miami-palm-island\" target=\"_blank\" rel=\"noreferrer noopener\"> Miami &#8211; Palm Island, FL<\/a> \u2013 Avg. of $14,138,909<\/p>\n\n\n\n<p>3. <a href=\"https:\/\/www.beach-homes.com\/florida\/miami-fisher-island\" target=\"_blank\" rel=\"noreferrer noopener\">Miami &#8211; Fisher Island, FL<\/a> \u2013 Avg. of $13,937,660<\/p>\n\n\n\n<p>4. <a href=\"https:\/\/www.beach-homes.com\/florida\/jupiter\" target=\"_blank\" rel=\"noreferrer noopener\">Jupiter, FL<\/a> \u2013 Avg. of $8,719,474<\/p>\n\n\n\n<p>5. <a href=\"https:\/\/www.beach-homes.com\/massachusetts\/duxbury\" target=\"_blank\" rel=\"noreferrer noopener\">Duxbury, MA<\/a> \u2013 Avg. of $7,434,900<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-top-5-beach-for-number-of-home-and-lot-listings\">Top 5 Beach for Number of Home and Lot Listings<\/h3>\n\n\n\n<p>1. <a href=\"https:\/\/www.beach-homes.com\/florida\/cape-coral\" target=\"_blank\" rel=\"noreferrer noopener\">Cape Coral, FL<\/a> \u2013 3,124<\/p>\n\n\n\n<p>2. <a href=\"https:\/\/www.beach-homes.com\/south-carolina\/myrtle-beach\" target=\"_blank\" rel=\"noreferrer noopener\">Myrtle Beach, SC<\/a> \u2013 2,783<\/p>\n\n\n\n<p>3. <a href=\"https:\/\/www.beach-homes.com\/texas\/corpus-christi\" target=\"_blank\" rel=\"noreferrer noopener\">Corpus Christi, TX<\/a> &#8211; 2,227<\/p>\n\n\n\n<p>4. <a href=\"https:\/\/www.beach-homes.com\/florida\/st-petersburg\" target=\"_blank\" rel=\"noreferrer noopener\">St. Petersburg, FL<\/a> &#8211; 1,920<\/p>\n\n\n\n<p>5. <a href=\"https:\/\/www.beach-homes.com\/texas\/galveston\" target=\"_blank\" rel=\"noreferrer noopener\">Galveston, TX<\/a> &#8211; 1,720<\/p>\n\n\n\n<p>The Fall 2024 Beach Real Estate Market Report shares a summary of data collected from 36 Multiple Listing Services (MLS) areas in the 16 states served by Beach Homes Realty and is, to its knowledge, not available from any other source. Copies of the Fall 2024 Beach Real Estate Market Report are now available to download at <a href=\"https:\/\/www.beach-homes.com\/info\/beach-real-estate-market-reports\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.beach-homes.com\/info\/beach-real-estate-market-reports<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spanning sixteen states along the Atlantic and Gulf coasts, the Beach Real Estate Market Report provides an in-depth look at these desirable beach and coastal markets. This quarterly report from Beach Homes Realty is filled with promising news for those eyeing a waterfront lifestyle, with the total market value growing to $111 billion. Ten of the sixteen states included have a combined home and lot listing value of over $1 billion each, creating an array of opportunities for prospective beach home buyers. The complete list of states exceeding $1 billion in listings includes: Florida also leads in the number of&hellip;<\/p>\n","protected":false},"author":14,"featured_media":2700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8,7,24],"tags":[115,102,103,260],"class_list":["post-2698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beach-homes-realty-news","category-industry-news","category-real-estate-advice-and-tips","tag-beach-property","tag-beach-real-estate","tag-beach-real-estate-market","tag-beach-real-estate-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Against Choppy Housing Market, Beach Homes Set for Smoother Sailing - Beach Homes Realty Articles and Info - beach-homes.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Against Choppy Housing Market, Beach Homes Set for Smoother Sailing\" \/>\n<meta property=\"og:description\" content=\"Spanning sixteen states along the Atlantic and Gulf coasts, the Beach Real Estate Market Report provides an in-depth look at these desirable beach and coastal markets. This quarterly report from Beach Homes Realty is filled with promising news for those eyeing a waterfront lifestyle, with the total market value growing to $111 billion. Ten of the sixteen states included have a combined home and lot listing value of over $1 billion each, creating an array of opportunities for prospective beach home buyers. The complete list of states exceeding $1 billion in listings includes: Florida also leads in the number of&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\" \/>\n<meta property=\"og:site_name\" content=\"Beach Homes Realty Articles and Info - beach-homes.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/beachhomesrealty\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-12T18:49:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-04T15:22:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oscar Gipson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BeachHomesRE\" \/>\n<meta name=\"twitter:site\" content=\"@BeachHomesRE\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oscar Gipson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\"},\"author\":{\"name\":\"Oscar Gipson\",\"@id\":\"https:\/\/www.beach-homes.com\/info\/#\/schema\/person\/a7155d5b7d1dfcf50a7cf501440f9aef\"},\"headline\":\"Against Choppy Housing Market, Beach Homes Set for Smoother Sailing\",\"datePublished\":\"2024-11-12T18:49:15+00:00\",\"dateModified\":\"2025-03-04T15:22:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\"},\"wordCount\":892,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.beach-homes.com\/info\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.beach-homes.com\/info\/wp-content\/uploads\/2024\/11\/shutterstock_1167596371-scaled.jpg\",\"keywords\":[\"beach property\",\"beach real estate\",\"beach real estate market\",\"beach real estate news\"],\"articleSection\":[\"Beach Homes Realty News\",\"Industry News\",\"Real Estate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\",\"url\":\"https:\/\/www.beach-homes.com\/info\/lifestyles\/against-choppy-housing-market-beach-homes-set-for-smoother-sailing\",\"name\":\"Against Choppy Housing Market, Beach Homes Set for Smoother Sailing - 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My educational foundation in Public Relations, honed by the University of Alabama, prepared me to excel in this dynamic field. During my internship at Lake Homes Realty I gained invaluable experience crafting compelling narratives. Now, as Communication Coordinator, I leverage that experience to create thought-provoking articles that inspire our audience. 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