Orange Beach Condos - Buyers are buying Orange Beach Condominiums

by Cal on April 30, 2009 · 0 comments

in Orange Beach, Real Estate

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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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