From the monthly archives:

April 2009

Gulf Shores Condo sales remain flat while Orange Beach Sales are up significantly!

 Orange Beach Condo Sales are up sharply compared to year ago figures, Gulf Shores Condo Sales appear slightly lower to flat compared to the same time period for 2008.  The Orange Beach stats indicate a 46% increase in units sold and a 45% increase in dollar volumes sold, while Gulf Shores Condos have seen virtually no change in number of units sold and a slight decline in dollar volume from the prior period.  Buyers of Gulf Shores Condos should pay attention to the activity in Orange Beach. More than likely the Gulf Shores market prices have adjusted to the point that buyers there too will get off of the fence and pull the activity upward out of the trough that it has been in.

Search for Gulf Shores Condos

Market Comparison Report by Price
Dates: 01/01/2009 to 4/30/2009
  01/01/2008 to 4/30/2008
Property Types: Condo, Multi-Family
Areas: Gulf Shores-N ICW,Gulf Shores-S ICW,Fort Morgan

  Jan 1 - Apr 30, 2008 Jan 1 - Apr 30, 2009 Difference Percentage
Price Range Units Dollars Units Dollars Units Dollars Units Dollars
0 - 29999 0 0.00 0 0.00 0 0.00    
30000 - 39999 0 0.00 0 0.00 0 0.00    
40000 - 49999 0 0.00 0 0.00 0 0.00    
50000 - 59999 0 0.00 0 0.00 0 0.00    
60000 - 69999 0 0.00 1 63,500.00 1 63,500.00    
70000 - 79999 1 78,750.00 2 151,900.00 1 73,150.00 100.00 92.89
80000 - 89999 0 0.00 2 175,500.00 2 175,500.00    
90000 - 99999 2 192,000.00 1 90,000.00 -1 -102,000.00 -50.00 -53.13
100000 - 119999 4 429,000.00 12 1,339,264.00 8 910,264.00 200.00 212.18
120000 - 139999 16 2,116,495.00 12 1,522,650.00 -4 -593,845.00 -25.00 -28.06
140000 - 159999 17 2,560,200.00 8 1,179,600.00 -9 -1,380,600.00 -52.94 -53.93
160000 - 179999 10 1,687,551.00 7 1,189,500.00 -3 -498,051.00 -30.00 -29.51
180000 - 199999 11 2,078,550.00 6 1,123,000.00 -5 -955,550.00 -45.45 -45.97
200000 - 249999 9 2,037,500.00 27 6,015,367.00 18 3,977,867.00 200.00 195.23
250000 - 299999 15 3,969,000.00 16 4,368,997.00 1 399,997.00 6.67 10.08
300000 - 399999 19 6,703,500.00 18 5,845,400.00 -1 -858,100.00 -5.26 -12.80
400000 - 499999 9 3,834,810.00 6 2,591,000.00 -3 -1,243,810.00 -33.33 -32.43
500000 - 749999 9 5,122,120.00 3 1,680,000.00 -6 -3,442,120.00 -66.67 -67.20
750000 - 999999 2 1,726,250.00 0 0.00 -2 -1,726,250.00 -100.00 -100.00
1000000 - 1249999 0 0.00 1 1,200,000.00 1 1,200,000.00    
1250000 - 1499999 0 0.00 1 1,450,000.00 1 1,450,000.00    
1500000 - 1999999 0 0.00 0 0.00 0 0.00    
2000000 - 2999999 0 0.00 0 0.00 0 0.00    
3000000 - 99999999 0 0.00 0 0.00 0 0.00    
Totals: 124 32,535,726.00 123 29,985,678.00 -1 -2,550,048.00 -0.81 -7.84

 

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Orange Beach Condos are selling! 

Compared to the same period last year, the number of condo units sold are up 46% and the dollar volume of condos sold is up 45%.  Buyers are finally finding that prices have adjusted down to reasonable levels and have started pulling the trigger on purchases that were being contemplated.  In other words the buyers that have been watching the price declines are beginning to sense value and are getting off of the fence and stepping up to bat.

 Search for Orange Beach Condos

Market Comparison Report by Price
Dates: 01/01/2009 to 4/30/2009
  01/01/2008 to 4/30/2008
Property Types: Condo, Multi-Family
Areas: Orange Beach

 

 

 

  Jan 1 - Apr 30, 2008 Jan 1 - Apr 30, 2009 Difference Percentage
Price Range Units Dollars Units Dollars Units Dollars Units  
0 - 29999 0 0.00 0 0.00 0 0.00    
30000 - 39999 0 0.00 0 0.00 0 0.00    
40000 - 49999 0 0.00 0 0.00 0 0.00    
50000 - 59999 0 0.00 0 0.00 0 0.00    
60000 - 69999 0 0.00 0 0.00 0 0.00    
70000 - 79999 0 0.00 2 145,000.00 2 145,000.00    
80000 - 89999 0 0.00 0 0.00 0 0.00    
90000 - 99999 0 0.00 0 0.00 0 0.00    
100000 - 119999 1 115,000.00 1 117,500.00 0 2,500.00 0.00 2.17
120000 - 139999 3 411,000.00 3 387,000.00 0 -24,000.00 0.00 -5.84
140000 - 159999 1 152,500.00 7 1,066,900.00 6 914,400.00 600.00 599.
160000 - 179999 2 347,500.00 3 500,500.00 1 153,000.00 50.00 44.03
180000 - 199999 3 570,000.00 4 757,900.00 1 187,900.00 33.33 32.96
200000 - 249999 6 1,408,000.00 7 1,560,000.00 1 152,000.00 16.67 10.80
250000 - 299999 8 2,192,400.00 7 1,867,500.00 -1 -324,900.00 -12.50 -14.82
300000 - 399999 14 4,796,800.00 31 10,541,703.00 17 5,744,903.00 121.43 119.77
400000 - 499999 21 9,240,500.00 18 8,017,275.00 -3 -1,223,225.00 -14.29 -13.24
500000 - 749999 15 8,766,000.00 23 14,375,501.00 8 5,609,501.00 53.33 63.99
750000 - 999999 2 1,755,000.00 5 3,950,000.00 3 2,195,000.00 150.00 125.07
1000000 - 1249999 0 0.00 0 0.00 0 0.00    
1250000 - 1499999 0 0.00 0 0.00 0 0.00    
1500000 - 1999999 0 0.00 0 0.00 0 0.00    
2000000 - 2999999  0 0.00 0 0.00 0 0.00    
3000000 - 99999999 000 0.00 0 0.00 0 0.00    
Totals: 76 29,754,700.00 111 43,286,779.00 35 13,532,079.00 46.05 45.48

 

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Sandy Ford Subdivision in Fairhope, Alabama

The Fairhope area is one of the most sought-after locations to live in the south-west Alabama, and Rock Creek is one of the most sought-after neighborhoods in the Fairhope.  What a lot of people don’t realize is that a smaller, very pristine subdivision exists at the south-east border of Rock Creek.  This development’s name is “The Sandy Ford of Fly Creek”.  Sandy Ford, as it’s known, boasts newer homes with more homogenous building restrictions, lots of trees and tons of character that have maintained owner’s values even through this real estate recession.

Kepler-Front Homes in Sandy Ford Subdivision in Fairhope, AL

Click here to see all Sandy Ford listings

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Enjoy life to the fullest at the luxurious Chateau Élan.  

Located in the foothills of the Blue Ridge Mountains, Chateau Élan is also located within 20 minutes drive to Lake Lanier and the Mall of Georgia.  The Chateau includes a full production Winery that is the largest premium wine producer in Georgia.  Winery tours and tastings are available to the public.  The lavish resort has 299 rooms, two restaurants and a spa that you will never want to leave.

Known for its exclusive winery & resort, Chateau Élan also hosts two 18-hole championship golf courses available to the public, Chateau and Woodlands, a 9-hole course for guests at the inn, and a private club known as The Legends.  The golf club has two restaurants, two clubhouses and two pro shops.

There are about 2,000 home sites scattered throughout this 3,500 acre gated and guarded community.  The 63 holes of championship golf wrap their way through the community.  The sport center includes a 4,500 square foot gym, tennis courts, a junior Olympic sized swimming pool and an indoor walking track.  There are seven restaurants and seven different neighborhoods located in Chateau Élan.  Prices start as low as $310,000 and go up to over $4 million.

Search for Chateau Elan Homes .

 
Ryan Kowalske
Keller Williams Realty Lanier Partners
Direct: 678-895-6055
Fax: 678-550-9111

 

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This Month in Real Estate from Keller Williams International

Stay in tune with Real Estate Market News - expert opinions and analysis on the latest real estate trends - brought to you from Keller Williams International.

For the latest information on Gulf Coast Beach Home and Condo prices in Gulf Shores, Orange Beach, Ono Island, and Fort Morgan, Alabama, visit The GulfShoresLife.com Team of Keller Williams Alabama Gulf Coast - www.GulfShoresLife.com

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Stone Quarry Subdivision in Josephine, AL

Boater’s Dream - Stone Quarry Homes and Lots

The quaint, picturesque community of Stone Quarry in Josephine, AL is truly a unique, and relatively unknown gem along Alabama’s scenic Gulf Coast.

Off the beaten path of tourists, yet convenient to Gulf Shores, Orange Beach, Foley and Pensacola – this subdivision is a boater’s dream.

Residents step directly on their docked boats from their back yards.

The stone seawalls line the protected canals that empty directly into Arnica Bay and is a mere three miles by boat to the Gulf of Mexico.

With beautiful cobblestone streets and New Orleans inspired street lamps, this pristine coastal community really does have it all.

yacht_marina1(3) Stone Quarry Subdivision in Josephine, AL Boaters Dream Homes and Lots

Click here to see lot listings in Stone Quarry

Click here to see home listings in Stone Quarry

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The Chimneys Subdivision in Gainesville, GA

The Chimneys Subdivision Gainesville GA The Chimneys Subdivision, Gainesville, GeorgiaRyan Kowalske with our sister site in Georgia has a new listing!  If you are looking for a primary or secondary home in the foothills of the North Georgia Mountains, then check it out!

Come and see for yourself how much house you can get for your money.  This comfortable 5 bedroom, 3 bath home has two large decks for the party planners.  The home sits on approximately 0.70 acres on a cul-de-sac and backs up to a creek.  The subdivision consists of 64 homes and is located in the Chestatee school district.

There are 3 bedrooms and 2 baths with a split bedroom plan on the main level.  The “country kitchen” has a breakfast bar with an indoor grill cook top and a view to the living room and dining room.  There is a breakfast area in the kitchen with windows that look out over the back yard.  The full daylight basement has two bedrooms, a full bathroom, a sitting room, a workshop/studio with a separate door and a huge family room/rec room.  The family room has a door that opens up to the lower deck which is covered.

Schools, parks and shopping are just minutes away.  The GA 400 outlet mall is within 15 minutes drive.  Lake Lanier is the largest lake in Georgia with about 692 miles of shore line at full pool and hosts many parks and coves for recreation.  Gainesville, GA is located in the foothills of the Blue Ridge Mountains, is the economic center of Northeast Georgia and has a population of over 30,000 people.

Search for Georgia Homes here!
 
Ryan Kowalske
Keller Williams Realty Lanier Partners
Direct: 678-895-6055
Fax: 678-550-9111
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If you are an Orange Beach or Gulf Shores, Alabama resident or newcomer, please feel free to join our social networking site!

 


Visit Orange Beach Social Network - Orange Beach, Gulf Shores, AL

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