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Orange Beach, Gulf Shores, and Perdido Key Condo Sales
Fall is OFFICIALLY here. We have had a couple of cool crisp mornings, but they have warmed up into lovely 75+ degree days. Shrimp Festival was last weekend and from what we observed, it was a hit as usual. The weather couldn't have been better the entire weekend with sunny skies and nearly a 90 degree heat index on Sunday.
Lots is happening in the market these days. Don't miss out on your opportunity to buy or sell before the end of the year! Also, please pass this along to any (and all) of your friends who might be looking to buy or sell a condo or home in our area.
There have been 41 condo sales ALREADY this month!
| |
Low |
High |
Average |
Median |
Total |
| List Price |
$89,900 |
$949,000 |
$319,163 |
$249,900 |
$13,085,700 |
| Selling Price |
$89,000 |
$949,000 |
$305,328 |
$247,000 |
$12,518,447 |
| Sold/List(%) |
88.53% |
101.60% |
95.26% |
95.94% |
-- |
| Price/SqFt ($) |
$92.97 |
$412.43 |
$221.32 |
$214.29 |
-- |
| Days on Market |
2 |
444 |
123 |
113 |
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For details about these sales, please contact me.
Home sales are off to a bit of a slow start this month, but I suspect we will see things pick up before the end of the month. (There are 59 homes currently under contract in OB/GS and I expect a good number of those will close before too long as people will want to be in their homes for the holidays)
| |
Low |
High |
Average |
Median |
Total |
| List Price |
$47,500 |
$625,000 |
$349,355 |
$339,500 |
$6,637,754 |
| Selling Price |
$40,000 |
$620,000 |
$335,648 |
$333,500 |
$6,377,310 |
| Sold/List(%) |
82.04% |
103.02% |
95.11% |
96.90% |
-- |
| Price/SqFt ($) |
$36.36 |
$197.28 |
$131.16 |
$134.91 |
-- |
| Days on Market |
25 |
482 |
163 |
166 |
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In the "Battle of the New Buildings" Phoneix West 2 is winning so far this month with 5 properties under contract or sold. Turquoise Place is close behind at 4. We have been showing the heck out of TQP over the past few weeks and even have a NEW RENTAL in the D tower.
PERDIDO KEY
There are 21 homes/condos under contract, pending, or sold so far this month. The average list price for those units are 418k. If you have explored Perdido Key lately, it might be worth taking a look, especially if you are planning on living there full time. Florida has NO STATE INCOME TAX and no Death/Estate Tax. Additionally, Perdido Key has lower sales tax than Alabama and no grocery tax either!
I am now working with Pointe South in Florida. My office is located right across from Vallarta in Perdido Key. It is a fun office and I am blessed to have a bunch of energetic co-workers!
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New Listings OB/GS
New listings are being added daily. To stay up to date on exactly what is coming onto the market, visit our website. If you are searching for property, set up an account and save a search or you can call us and we can run a search for you. Happy Hunting!
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Gulf Beach Rentals
We have lots of fall availability (including long term and short term rentals) and are offering great discounts for fall travel. Book three nights and choose early check in or late check out for free or book four nights and get a 5th night free! Call Emily at 251.500.0596 to book. Just mention that you saw a deal on Mail Chimp.
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New on the Key
There are 15 new listings in Perdido Key this month. Perdido Key offers a huge variety of high rise and low rise buildings and homes that range in age, style, amenities, and price. Some even offer beach and boat access Click here to view the new listings.
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