IDEAS home Printed from https://ideas.repec.org/a/taf/rjouxx/v17y2024i3p401-422.html
   My bibliography  Save this article

Real estate market trends in the first new urbanist town: seaside, Florida

Author

Listed:
  • Khalida Lifam Marthya
  • Mark David Major

Abstract

The Town of Seaside, Florida, built 40 years ago, is arguably still the highest-profile project of the New Urbanism Movement. Its significance as the original New Urbanist town persists despite the widespread adoption of many of the underlying design principles promoting walkable, ecologically sustainable, and economically diverse neighborhoods worldwide. Four decades provides a significant sample size to investigate sale price trends and fluctuations in single-family residential homes in Seaside. Morphological analysis of the town within the larger Walton County context serves as a background to this investigation. Based on the results, we find that high-price, large residential homes in Seaside were less resilient to sale price fluctuations than nearby smaller, lower-priced homes. We suggest this could offer evidence of the benefit of smaller homes for stabilizing housing markets during periods of economic downturn and distress.

Suggested Citation

  • Khalida Lifam Marthya & Mark David Major, 2024. "Real estate market trends in the first new urbanist town: seaside, Florida," Journal of Urbanism: International Research on Placemaking and Urban Sustainability, Taylor & Francis Journals, vol. 17(3), pages 401-422, July.
    • Handle: RePEc:taf:rjouxx:v:17:y:2024:i:3:p:401-422
    DOI: 10.1080/17549175.2022.2071966
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17549175.2022.2071966
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17549175.2022.2071966?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjouxx:v:17:y:2024:i:3:p:401-422. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjou20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.