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Gulf Shores Condo and Orange Beach Condo Sales – January through May,2009

Condo Sales Update

 

Gulf Shores Condos …. Jan 1 – May 31

158….total sales

107….300,000 and under

 39…..300 – 400,000

 12…..400 – 600,000

   1…..600,000+

Orange Beach Condos … Jan 1 – May 31

142….total sales

 40…..300,000 and under

 34…..300 – 400,000

 43…..400 – 600,000

 23…..600,000+-

 

Also

75….Auction units sold

25….Developer units sold

Presently Under Contract

128…Gulf Shores & Orange Beach

400,000 and under

Price increases in some developments.

Significantly reduced inventory.

Lowest priced units sell quick.

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This entry was posted on Sunday, May 31st, 2009 at 6:21 am and is filed under condos, Gulf Shores, Orange Beach, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 comments so far

 1 

Sounds like there is strong demand for units that seller’s price appropriately. It’s good to see buyer’s coming back into the market. I think this trend will continue if/when condo financing guidelines are relaxed somewhat.

May 31st, 2009 at 8:31 pm
 2 

Having properties appropriately priced will bring buyers. It is easy to watch for values to pop up and when they do, they don’t stick around long.

June 1st, 2009 at 9:42 am

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