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The Helton Group Listings and Market Update!
Our listings are
priced right! We achieve this by educating and constantly
updating our sellers with the latest sales data.
Please visit the
links to the left to view all of our current listings
complete with photos and detailed descriptions. Please call
(866-948-1210) or email
us if you have any questions; need a rental history; or
would like for us to prepare a proforma on any property.
Please call us
today for the most personalized service!!! We are excited to
learn about your real estate needs in our area, and we will work very hard to
help you achieve your goals!!
Market
Analysis through April 2008:
The market has
been extremely active over the last few months. There are
definitely more buyers around than last year and the numbers
below prove it. Gulf front condo sales are up more than 25%
over last year. We believe the number one reason for the
increased sales is pricing.
We have been in
a declining market for the last two years. Our prices are
now in line with 2004 prices...in 2004, we sold 5 times the
number of units that were sold last year. The deals right
now are outstanding. Units will not cash flow without a
20%+ down payment, but it is very close and the numbers
look extremely attractive to investors. All of this combined
with the surge of activity may indicate that we have now hit
bottom (or at least we are wading through it). One thing is
for sure: now is the time to at least consider purchasing
real estate in our area. After all, we may never realize the bottom
was here until it is gone!!
Please call us to discuss any questions you have about the
information found in the graphs below or a more detailed
study on the current market conditions.
Please note that the analysis below deals only with Gulf
Front units in the Baldwin County MLS. We can easily run
analyses on other types of area properties (homes, beach
homes, bay front properties, individual condo developments,
etc). Please just send us an email and tell us what you
would like to know!!
Total number of
gulf front units in MLS (4/5/2008): 1181
Average list price: $603,088
Average price per SF: $427.33
Average number of days on market: 254
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Sales Analysis: Gulf Front
Condos (All types): 1/1/2008 - 4/4/2008: 94 Sales |
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Low |
High |
Average |
Median |
Total |
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List Price |
$139,900 |
$2,399,000 |
$410,269 |
$359,000 |
$38,565,300 |
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Selling Price |
$115,000 |
$2,450,000 |
$377,663 |
$337,000 |
$35,500,350 |
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List/Sold % |
75.47% |
103.28% |
91.8% |
91.71% |
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Price/per SF |
$157.28 |
$501.02 |
$316.37 |
$337.50 |
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Days on Market |
-95 |
789 |
217 |
173 |
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Sales Analysis: Gulf Front
Condos (All types): 1/1/2007 - 4/4/2007: 70 Sales |
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Low |
High |
Average |
Median |
Total |
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List Price |
$150,000 |
$2,359,000 |
$565,556 |
$477,000 |
$39,588,898 |
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Selling Price |
$135,000 |
$2,350,000 |
$524,409 |
$459,500 |
$36,708,650 |
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List/Sold % |
68.97 |
110.89% |
92.78% |
94.26% |
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Price/per SF |
$157.28 |
$501.02 |
$386.81 |
$394.50 |
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Days on Market |
1 |
609 |
173 |
128.5 |
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Interested in the GoZone Act?
Tax incentives for investing along the Alabama
Gulf Coast.
Click here to request more info - including a DVD!
Read about the GoZone Act here!
Call or email for personalized service!
Call us: 1.866.948.1210 (Answered seven days a week)
All info herein obtained
through the Baldwin County MLS System.
Info is deemed reliable but cannot be guaranteed.
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