Posts Tagged ‘gulf shores alabama condominiums’

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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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