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Thursday, November 4, 2010

Huge Price Drop on Great Unit in Mariner Pass, Orange Beach, AL

Beautiful Unit in Mariner Pass w/Motivated Seller
A Great Deal for Boaters/Fishermen Buyers




Mariner Pass - Main
Mariner Pass – Orange Beach
Now Offered at $315,000 
Striking views of Cotton Bayou from oversized (25′x12′) covered balcony. Large 3 bedroom unit is tastefully furnished & features eat-in kitchen w/ stainless appliances. For boaters, Mariner Pass is located just west of Perdido Pass & offers 4+’ depth @ dock. Assigned covered parking. All furnishing and appliances convey w/acceptable offer. 
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If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.
CONTACT US
Steven Hazelwood
Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-990-8838 – 251-510-6969

Activity for 11/3/10 – Baldwin County, AL Hotsheet

Baldwin County, AL Hotsheet

Homes and Condos

Activity for 11/3/10

Fairhope – Listed(4); Sold(3); Removed(2); Active(647)
Daphne/Sp.Ft Listed(5); Sold(2); Removed(5); Active(584)
Gulf Shores/OB Listed(4); Sold(4); Removed(7); Active(1,855)

If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

Huge Discount for 2010 Closing on this Beautiful Timbercreek Home in Daphne, AL

Huge Discount for 2010 Closing on this Beautiful Timbercreek Home in Daphne, AL

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7878 Pine Run
7878 Pine Run
Discounted to $415,900 to Close in 2010
Beautifully maintained home in sought-after Timbercreek. This home is loaded with extras from custom, furniture-style cabinets, granite, distressed hardwood and tile floors, stainless appliances and heavy molding package. Enjoy the large closets, butler’s pantry with wine cooler, open back porch and landscaped lot. This seller is motivated.  This home is priced to move so please call for an appointment.
As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.
CONTACT US
Terryl Reeves
Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-209-7484       251-990-8838

Wednesday, November 3, 2010

Activity for 11/2/10 – Baldwin County, AL Hotsheet

Baldwin County, AL Hotsheet

Homes and Condos

Activity for 10/30 – 11/1/10

Fairhope – Listed(4); Sold(3); Removed(2); Active(647)
Daphne/Sp.Ft Listed(5); Sold(2); Removed(5); Active(584)
Gulf Shores/OB Listed(4); Sold(4); Removed(7); Active(1,855)

If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

Tuesday, November 2, 2010

October Sales for Fairhope, AL

In October, the Baldwin County MLS shows that 25 single family homes were sold in Fairhope with a median price of $104/sf.  That’s 4% up in sales from 24 sales in October of 2009 when the median price was $101/sf.

Here’s how the sales broke down:
$200K and Under = 13 sales (52%) median price $87/sf (compared to 63% last October with median price = $96/sf)

$200-$400K = 7 sales (28%) median price $110/sf (compared to 38% last October at $116/sf)

$400K and Up = 5 sales (20%) median price $141/sf (compared to no sales in that range last October last year)

As of this writing, there are 54 single family homes currently under contract or pending sale and 581 actively for sale in Fairhope.

Year to Date sales for Fairhope are 287 with median price at $99/sf (compared to 2009 YTD through October when we had 231 sales with a median of $103/sf)

A breakdown of YTD sale for Fairhope are as follows with percent of total sales and median price per range:
Range                    2009                         2010
<$200K             49%-$89/sf           51% – $89/sf
$200-$400K    37%-$114/sf       36% – $109/sf
>$400K             13%-$159/sf         15% – $143/sf

Based on these numbers, Fairhope did much better than the county over-all for October (-12%) with sales increasing a 4%  from last October .  YTD, Fairhope sales are up 20% over 2009 and the median sales price is down 3%.

If you’d like an analysis like this done for a specific neighborhood or town in Baldwin County, AL, please feel free to call or email me and I’ll be glad to put one together for you.
Also, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

October Sales for Baldwin County, AL

October Sales for Baldwin County
November 2, 2010

Total closed sales for single family residences Baldwin County, per the Baldwin County MLS, in October 2010 were as follows:

We had a total of 138 closed sales compared to 156 for October 2009.  That’s a decrease of 12% from last year.

Of those sales, 101 were at $200K or less (accounting for 73% of total sales) – with a median sales price of $65/sf.  Compared to 70% at $76/sf in October 2009.

27 homes sold in the $200-$400K range (20%) – median price of $101/sf.  Last year this range accounted for 24% of sales with median prices at $111/sf.

We had 10 sales in the $400K and over range (7%) – median price of $162/sf.  Compared to 9 sales last year (6%) at $218/sf median prices.

Total YTD sales for single family homes are at 1,832 this year with a mean price of $81/sf.  Compared to last year with 1,682 sales with a mean of $88/sf.  This is an 8% increase  in total sales YTD over 2009 with a median price decrease of 8%.

In short , we’re still up in our YTD sales numbers, but September and October were slow.  The 12% decrease from last year seemed to be equally distributed among the lower and higher end homes.  Most experts feel that there is pent up demand to buy – but the uncertain climate, stemming primarily from high unemployment numbers, is holding back our full recovery.  It’ll be interesting to see how the election effects consumer confidence – if at all.

I’m working on beach condo sales and individual areas within Baldwin County and should have those numbers out within the next few days.

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

Activity for 10/30-11/1/10 – Baldwin County, AL Hotsheet

Baldwin County, AL Hotsheet

Homes and Condos

Activity for 10/30 – 11/1/10

Fairhope – Listed(2); Sold(4); Removed(22); Active(647)
Daphne/Sp.Ft Listed(5); Sold(3); Removed(21); Active(579)
Gulf Shores/OB Listed(11); Sold(4); Removed(58); Active(1,860)

If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.