Gulf Shores Condo and Orange Beach Condo Market loosens up a bit!
Posted Mar 12, 2009 @ 2:10 pm, Viewed by 1830 Visitors, Read 1932 Times.Gulf Shores Condos and Orange Beach Condos have been seeing a little more activity as we move into the spring break season.
There has definitely been a large increase in buyer interest as prices have adjusted down considerably and interest rates remain quite low. Website statistics indicate large increases in registrations and return visitors indicating further buyer interest than what the February 2009 Condo Market Statistics indicate.
We have also observed what appears to be a readiness to move off of the fence and make offers. We have multiple agents with multiple buyers scheduling showings over the next several days. Perhaps we are seeing a bottoming of the market.
Des Gatti has provided the following synopsis of the February stats:
FEBRUARY CONDO SALES DATA for Gulf Shores and Orange Beach Alabama
GULF SHORES ALABAMA CONDOS
21…….Total MLS CLOSED UNITS
19…….300,000 and under
2…….300 - 400,000
ALSO
61…….San Carlos Auction sales……21,000,000
41…….Total MLS units UNDER CONTRACT (non- auction)
37…….325,000 and under
4……..325,000 and over
ORANGE BEACH ALABAMA CONDOS
25…….Total MLS CLOSED UNITS
10…….300,000 and under
8…….300 - 400,000
4…….400 - 500,000
1…….500,000
1…….625,000
1…….800,000
30…….Total MLS units UNDER CONTRACT
24…….500,000 and under
6……..500,000 and over
Cal
Orange Beach Real Estate | Eastern Shore Real Estate | Fairhope Real Estate
The Gulfshoreslife.com Team serves the Baldwin County Alabama Real Estate market from The Eastern Shore of Mobile Bay to the Southern Shores of the Alabama Gulf Coast: Orange Beach, Gulf Shores, Fort Morgan, Point Clear, Fairhope, Montrose, Daphne, Spanish Fort, AL. Referals are welcomed. For more information on AL Gulf Coast Real Estate, please contact me or visit our website.
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Social Bookmarking2 Responses to “Gulf Shores Condo and Orange Beach Condo Market loosens up a bit!”
Jerry Ann Alumbaugh
Cal,
I would love to talk with you about Keller Williams in your area. My husband and I will be moving to your area this year.
Jerry Alumbaugh
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Cal Carter and The GulfShoresLife.com Team is your source for Gulf Shores Condos and Homes, Orange Beach Condos and Homes, and Real Estate in the Eastern Shore Communities of Point Clear, Fairhope, and Daphne, Alabama.
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Just wanted to say I really like how you used the headings to link directly to the relevant page on your website. I think someone searching for a Gulf Shores Condo would find that useful. Glad that there seems to be steady activity in your market.