Data Analysis
Emerald Coast condos closed at a median $550,000 in October 2026, down 7.6% from a year earlier, with none selling above list, while the single-family median rose 9.2% to $475,000.
Our October Market Pulse: 94 Destin-area condo sales at $550,000, 81 days and 93.1% of original list, against houses at $475,000, up 9.2%.
Condos across the Emerald Coast MLS closed at a median $550,000 in October 2026, down 7.6% from October 2025, on 94 sales, according to the October edition of our Emerald Coast Market Pulse. The median condo took 81 days to sell and closed at 93.1% of its original list price, and none of the 94 sold above list. Single-family homes moved the other way: 460 house sales at a median $475,000, up 9.2%, in 60 days at 95.5% of original list. Townhouses landed between the two at $371,450, up 2.1%. All figures come from the Market Pulse report, built by Momentum from Emerald Coast MLS records for Okaloosa and Walton counties; information is deemed reliable but not guaranteed.
The Destin market data hub carries the monthly headline figures. This article splits October's closings by property type, because condos and houses in the Destin area are behaving like two different markets.
How did Destin area condo and house prices compare in October?
| Property type | October closings | Median sale price | Change from October 2025 | Median days on market | Received vs. original list |
|---|---|---|---|---|---|
| Single-family | 460 | $475,000 | +9.2% | 60 | 95.5% |
| Condominium | 94 | $550,000 | -7.6% | 81 | 93.1% |
| Townhouse | 58 | $371,450 | +2.1% | 60 | 97.2% |
| Manufactured | 13 | $180,000 | -7.7% | 29 | 95.0% |
Source: Momentum Market Pulse, Emerald Coast, October 2026 edition (closings in Okaloosa and Walton counties). Deemed reliable but not guaranteed.
Condos were the only major property type with a lower median than a year earlier, and they were also the slowest to sell. The condo median is higher than the house median because the two property types sit in different places: Emerald Coast condos are concentrated along the Gulf, while the house count includes inland areas such as Crestview, where the Market Pulse house heat map shows ZIP medians of $301,475 and $345,000 for August to October. Comparing each type with its own history, as the table does, avoids that mix problem.
How far below list did Destin area condos sell?
The median condo closed at 93.1% of its original asking price and 95.8% of its final asking price. On a $550,000 sale, that gap to the original list works out to roughly $40,000. The difference between the two ratios shows that many condo sellers had already cut their price before a buyer signed.
| Measure (October 2026) | Condominium | Single-family | Townhouse |
|---|---|---|---|
| Received vs. original list | 93.1% | 95.5% | 97.2% |
| Received vs. final list | 95.8% | 98.8% | 98.8% |
| Share sold above list | 0.0% | 11.5% | 6.9% |
| Share sold below list | 94.7% | 73.0% | 70.7% |
Source: Momentum Market Pulse, Emerald Coast, October 2026 edition. Deemed reliable but not guaranteed.
Nearly every condo buyer, 94.7%, paid less than the asking price. For houses the figure was 73.0%, and about one house in nine sold above list. Our October look at Destin condo price cuts and contracts covers the listing side of the same pattern.
Is the condo slide new or has it lasted more than a month?
It has lasted at least two months. In the September edition of the report, condos closed at a median $492,750, down 12.8% from September 2025, on 155 sales in a median 76 days at 93.0% of original list. Houses in September closed at $439,000, up 7.9%. October's condo median was 11.6% higher than September's, but still below October 2025, and the condo sale count fell from 155 to 94.
| Property type | September 2026 closings | September median | Change from September 2025 | October 2026 closings | October median |
|---|---|---|---|---|---|
| Condominium | 155 | $492,750 | -12.8% | 94 | $550,000 |
| Single-family | 651 | $439,000 | +7.9% | 460 | $475,000 |
| Townhouse | 89 | $301,900 | -7.1% | 58 | $371,450 |
Source: Momentum Market Pulse, Emerald Coast, September and October 2026 editions. Deemed reliable but not guaranteed.
With fewer than 100 condo sales a month, the median can move several percent on which buildings happened to close. Two straight months below the prior year, with discounts to original list near 7% in both, is a steadier signal than either month's median on its own.
Where did October's condo sales fall by price?
Of the 94 condo closings, 42 (44.7%) sold for $600,000 or more, 17 sold between $400,000 and $599,999, 31 between $200,000 and $399,999 and 4 under $200,000. The middle half of condo sales ran from $338,750 to $866,750. For houses, 182 of 460 sales (39.6%) were at $600,000 or more, and the middle half ran from $330,000 to $947,506.
Condo owners also carry association dues that house owners often do not. Our Destin condo association fees piece breaks those down, and the Florida condo special assessments guide covers the state's reserve and inspection rules. Condo communities by county are listed on the Okaloosa County and Walton County pages.
How did the wider Destin area market finish October?
Across all property types, the Emerald Coast MLS counted 4,029 active listings and 926 pending sales when the report was built, about 6.1 months of supply. Of active listings, 48.5% had cut their price at least once. The Momentum Market Score was 30 out of 100, labeled moderate buyer advantage, down from an estimated 36 in September. Our Walton and Okaloosa house prices piece breaks the house market down by county, and the Destin area townhomes piece covers townhouses. Place pages: Destin, Miramar Beach, Santa Rosa Beach and Fort Walton Beach.
People also ask
Are condo prices falling in Destin, Florida? The Emerald Coast MLS condo median was $550,000 in October 2026, down 7.6% from October 2025, after a 12.8% year-over-year decline in September, according to the Momentum Market Pulse. October had 94 condo closings.
How long does it take to sell a condo in Destin? Emerald Coast condos that closed in October 2026 took a median 81 days on market, against 60 days for single-family homes and townhouses.
Do Destin condos sell below asking price? In October 2026, 94.7% of Emerald Coast condo sales closed below list price and none closed above it. The median condo sold for 93.1% of its original list price.
Why is the Destin condo median higher than the house median? The two property types sit in different places. Condos are concentrated along the Gulf, while house sales include inland areas such as Crestview with lower prices. In October 2026 the condo median was $550,000 and the house median $475,000.
Limitations
Figures cover closings recorded in the Emerald Coast MLS for Okaloosa and Walton counties; sales listed only in other MLS systems are not included. Medians by property type reflect which homes closed in the month and are not a constant-quality price index. Condo counts below 100 a month can swing sharply. Days on market is the median of the MLS-recorded figure. The ZIP medians quoted for Crestview are single-family, August to October 2026. Market-wide listing, pending and price-cut counts are as of the report build date, November 12, 2026. Information is deemed reliable but not guaranteed.
Sources
- Momentum Market Pulse, Emerald Coast, October 2026 edition, Momentum Research report built from Emerald Coast MLS records (listing data provided by the Emerald Coast Association of REALTORS), updated November 12, 2026; every figure in this article is quoted from that report or computed from its property-type rows, with September figures from the September 2026 edition.
- Destin market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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