September Sales for Condos in Gulf Shores and Orange Beach, AL

September Sales for Condos in Gulf Shores and Orange Beach, AL

By Fairhope Realty Group
 
In September, the Baldwin County MLS shows that 41 condos were sold in Gulf Shores and Orange Beach with a median price of $211/sf.  Sales were down tremendously at -60%  from 101 sales in September of 2009 when the median price were slightly higher at $220/sf.

Here’s how the sales broke down:

$200K and Under = 18 sales (44%) median price $133/sf (compared to 34% last September with median price = $150/sf)

$200-$400K = 17 sales (42%) median price $235/sf (compared to 47% last September at $241/sf)

$400K and Up = 6 sales (15%) median price $317/sf (compared to 20% last year at $265/sf)

As of this writing, there are 149 condos currently under contract or pending sale in Gulf Shores and Orange Beach.

Year to Date sales for Gulf Shores and Orange Beach are 685 with median price at $195/sf (compared to 2009 YTD through September when we had 724 sales with a median of $238/sf)

A breakdown of YTD sale for Gulf Shores and Orange Beach are as follows with percent of total sales and median price per range:

Range                              2009                         2010
<$200K                   32%-$155/sf          48% – $133/sf
$200-$400K         47%-$250/sf         41% – $237/sf
>$400K                   21%-$273/sf          11% – $262/sf

Based on these numbers, Gulf Shores and Orange Beach’s September was a lot worse  than the county’s with sales increasing 60% from last September.  YTD, Gulf Shores and Orange Beach sales are down 5% under 2009 and the median sales prices down 18%. 

As I’ve stated in the past, the oil spill seems to have delayed our recovery (especially at the beach); it seemed to have been  coming back strongly August with a lot of sales (relatively speaking) and low prices, but September was very slow again.  There is little doubt that now is the time to buy at the beach.

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.

September Sales for Daphne and Spanish Fort, AL

September Sales for Daphne and Spanish Fort, AL October 8, 2010                                                                                                                                                               In September, the Baldwin County MLS shows that 52 single family homes were sold in Daphne and Spanish Fort with a median price of $83/sf.  That’s down 22% from 67 sales in September of 2009 when the median price was $101/sf.  Here’s how the sales broke down: $200K and Under = 31 sales (60%) median price $72/sf (compared to 64% last September with median price = $99/sf) $200-$400K = 18 sales (35%) median price $98/sf (compared to 24% last September at $102/sf) $400K and Up = 3 sales (6%) median price $121/sf (compared to 12% last year at $126/sf) As of this writing, there are 70 single family homes currently under contract or pending sale in Daphne and Spanish Fort. Year to Date sales for Daphne and Spanish Fort are 464 with median price at $91/sf (compared to 2009 YTD through September when we had 415 sales with a median of $97/sf) A breakdown of YTD sale for Daphne and Spanish Fort are as follows with percent of total sales and median price per range: Range                              2009                 2010 <$200K                     53%-$92/sf      57% – $79/sf $200-$400K          40%-$101/sf     38% – $100/sf >$400K                     6%-$132/sf       6% – $127/sf Based on these numbers, Daphne and Spanish Fort’s September was a little worse than the county’s with sales dropping 22% from last September.  YTD, Daphne and Spanish Fort sales are still up 11% over 2009 and the median sales price is down 6%. 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.

September Sales for Fairhope, AL

October 5, 2010 by Fairhope Realty Group
 
In September, the Baldwin County MLS shows that 29 single family homes were sold in Fairhope with a median price of $100/sf.  That’s 38% up in sales from 21 sales in September of 2009 when the median price was $103/sf.

Here’s how the sales broke down:

$200K and Under = 13 sales (45%) median price $90/sf (compared to 57% last September with median price = $96/sf)

$200-$400K = 12 sales (41%) median price $104/sf (compared to 23% last September at $114/sf)

$400K and Up = 4 sales (14%) median price $123/sf (compared to 19% last year at $113/sf)

As of this writing, there are 57 single family homes currently under contract or pending sale and 600 actively for sale in Fairhope.

Year to Date sales for Fairhope are 261 with median price at $99/sf (compared to 2009 YTD through September when we had 207 sales with a median of $104/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             51%-$88/sf           51% – $87/sf
$200-$400K    37%-$108/sf       37% – $114/sf
>$400K             12%-$145/sf         15% – $159/sf

Based on these numbers, Fairhope did much better than the county over-all for September with sales increasing a huge 38%  from last September.  YTD, Fairhope sales are up 26% over 2009 and the median sales price is down 5%.

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.

September Sales for Baldwin County, AL

September Sales for Baldwin County
October 5, 2010

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

We had a total of 211 closed sales compared to 254 for September 2009.  That’s a decrease of 17% from last year.

Of those sales, 151 were at $200K or less (accounting for 72% of total sales) – with a median sales price of $67/sf.  Compared to 72% at $77/sf in September 2009.

45 homes sold in the $200-$400K range (21%) – median price of $100/sf.  Last year this range accounted for 19% of sales with median prices at $104/sf.

We had 15 sales in the $400K and over range (7%) – median price of $137/sf.  Compared to 24 sales last year (9%) at $150/sf median prices.

Total YTD sales for single family homes are at 2,098 this year with a mean price of $80/sf.  Compared to last year with 1,884 sales with a mean of $86/sf.  This is an 11% increase  in total sales YTD over 2009 with a median price decrease of 7%.

In short , we’re still up in our YTD sales numbers, but September was slow.  Houses on the mid to high end seem to be holding their own compared to last year while the under $200K market has taken a hit.  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 2010 finishes of in the last quarter.

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.

Great Location, Great Home, Motivated Sellers In The Sandy Ford of Fly Creek – Fairhope, AL

Great Location, Great Home, Motivated Sellers In The Sandy Ford of Fly Creek – Fairhope, AL

207 Cuscowilla – Sandy Ford – Fairhope, AL 207 Cuscowilla Lane The Sandy Ford of Fly Creek, Fairhope, AL Offered at just $492,000 Beautiful custom home built by Robert Nall, nestled on a corner, interior lot that back into wooded common area.  Gorgeous hardwood floors, high ceilings, custom cabinets, heavy trim, stainless steel appliances, covered porch and privacy-fenced back yard – with all of the amenities we’ve come to expect from Robert Nall.  In sought-after Sandy Ford, this home is priced to sell. Please contact me for an appointment to show this beautiful home. Click here for details CONTACT US Terryl Reeves Fairhope Realty Group, LLC 11 N. Section St. Fairhope, AL 36532 251-990-8838 – 251-209-7484 www.FairhopeRealtyGroup.com

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.

Your Personal Baldwin County Real Estate Website

I just wanted to introduce my new web-site that gives you 100% full control over setting up saved searches from the Baldwin County MLS and how frequently you are updated on those searches.  Over the next several weeks, I’ll be transitioning our old site to this new one.
In the meantime, feel free to go in and set yourself up, if you’d like.  Just go to www.FairhopeRealtyGroup.com to create an account.  As always, if you have any questions or need any help whatsoever, feel free to call or email me.
I’m excited to be able to offer this awesome service and I welcome your feedback on how to improve on it even more.

Alabama Beach Condos – Hotsheet 9/23 – 9/30

Alabama Beach Condos – Hotsheet 9/23 – 9/30 Posted  Thursday 9/30/2010 Listed                            37 Sold                               11 Withdrawn or Expired    30 Net to Inventory             -4 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.