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Dream Destin Realty

Santa Rosa Beach · Neighborhood Market Report

Paradise Cove

Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.

Inventory updated daily · Sale statistics updated September 27, 2026 · Next statistics update early October 2026

How Paradise Cove is trading

7 homes closed in Paradise Cove in the trailing 12 months at a median of $575,000, with a 95.8% median list-to-sale ratio. On the active side, 5 of 6 listings sit below original list price, and standing inventory works out to 10.3 months of supply at the current sales pace.

Sort each closing by street before comparing it. Emma Grace Lane and Blakely Drew Boulevard addresses belong to the original plat; JR's Way, Dalton Aubrey Drive, Emarie Grey Circle and Crimsyn Ryan Court addresses belong to the Preserve. On the original plat, most houses the state roll lists sit on lots of about 5,800 square feet, so lot size rarely tells two of its sales apart, while build year (2015 to 2019) and living area do. The Preserve turns that around: its houses all date to 2021 or 2022 and most have about 2,000 to 2,800 square feet of living area, while lots run from about 6,400 to about 10,300 square feet, so the lot is where two otherwise matching Preserve sales can differ. The county's parcel records put each plat's streets and common areas in a different association's name, so ask the one listed for the sale's own plat about its assessments and rules.

+9.7%Median sale price YoY
-5.1%Sold $/sq ft YoY
-12.5%Closed sales YoY7 vs 8 closings
-51.1%Days on market YoY

Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 27, 2026 rather than by whole calendar months.

$589K$585K$590K$547K$588K202120222023202420252026 YTD
Median sale price by year in Paradise Cove
Median sale price by year in Paradise Cove
PeriodValue
2021Sample too small
2022$589K
2023$585K
2024$590K
2025$547K
2026 YTD$588K
$289$260$262$258$244202120222023202420252026 YTD
Median sold price per square foot by year
Median sold price per square foot by year
PeriodValue
2021Sample too small
2022$289
2023$260
2024$262
2025$258
2026 YTD$244
030Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Aug 26
Closed sales by month, trailing 24 months
Closed sales by month, trailing 24 months
PeriodValue
Sep 240
Oct 241
Nov 241
Dec 240
Jan 250
Feb 251
Mar 250
Apr 251
May 250
Jun 253
Jul 251
Aug 250
Sep 251
Oct 250
Nov 251
Dec 250
Jan 260
Feb 260
Mar 260
Apr 261
May 260
Jun 262
Jul 262
Aug 260

The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.

Based on information from ECAR for the period September 28, 2021 through September 27, 2026.

From the active file

6 homes are on the market in Paradise Cove today:

The investor file

Acquisition profile - computed from ECAR MLS data by Dream Destin Realty
Typical acquisition (median, 12 mo)$575,000
Middle-half range (25th-75th pct, 16 sales / 24 mo)$516,250 - $635,000
Median price, 2022 to 2026-0.3% ($589,200 to $587,500)
Average sale price (12 mo)$610,357
Sales volume, trailing 12 months$4,272,500
Sale price range, trailing 12 months$475,000 - $945,000
Activity by bedroom count in Paradise Cove
BedroomsActiveSold (12 mo)Median Sale Price
3 BR22Sample too small
4 BR44$617,500
5 BR01Sample too small

Based on information from ECAR for the period September 28, 2021 through September 27, 2026.

Rental rules on the MLS today: 0 of 6 active listings disclose“Short Term Rental - Allowed”; 6 disclose it is not allowed. Always verify current rules with the association or county before purchasing with rental income in mind.

Reading this file

Where do these numbers come from?

Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 28, 2021 through September 27, 2026.

Why is there no list of individual sold homes?

7 homes closed in Paradise Cove in the trailing 12 months, from $475,000 to $945,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.

How are thin samples handled?

Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.

Thinking about buying or selling in Paradise Cove?

We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.

Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.

Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 27, 2026.

Sources