New statistics show the Walton County real estate market is hot these days.
Metro Market Trends released a new report this week, showing some strong sales figures for the area.
Buyers are realizing real estate prices are as low as they’ve been in years, and they are ready to take advantage of the market conditions before they change.
The number of single family existing homes sold in Walton County in June were up 57 percent over June a year ago. Existing condo sales were up 109 percent from a year ago.
Most of the activity is taking place in South Walton.
Local realtors say the area’s popularity is attracting buyers from all over the world.
"There's not as much fear as there was last year so I think that it's given people insight into the area of buying here. They really think that it's time! The numbers are leveling off and people are buying more," said Premier Properties Group agent Kim Ryals.
Ryals say many of the buyers are either investors, hoping the market prices will increase in the next few years, or families wanting a second home.
Metro Market Trends also reports June foreclosures decreased from June 2010.
