September Sales Report
Attached below for you is a recap of last month’s sales activity. I’m thrilled to tell you that we continue to see decreases in inventory levels. In fact, compared to September 2007, inventory is down by approximately 21%, which totals about 542 units.
Please don’t hesitate to email or call me with any questions. Also, let me know if you are interested in any specific properties and I will be glad to share more detailed information with you.
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September 2008 – Sales Activity for Gulf Shores, Orange Beach & Perdido Key
Condo
Sales/Listings Active
Listings New
Listings Avg
Listings DOM Sold
Listings Avg
Sold DOM
$0-$199,999 243 30 270 14 187
$200k-$299,999 348 33 254 10 163
$300k-$449,999 484 55 254 17 210
$450k-$599,999 453 31 294 6 425
$600k-$799,999 269 21 258 4 94
$800k-$999,999 129 9 318 1 302
$1mill-$1,999,999 81 6 283 2 209
$2 mill+ 12 0 227 0 0
Total: 2019 185 54
Avg active “List” price = $492,609
Avg “Sold” price = $367,901 & Avg “Sold” price to “List” price = 93% & Avg DOM =212
Homes
Sales/Listings Active
Listings New
Listings Avg
Listings DOM Sold
Listings Avg
Sold DOM
$0-$199,999 122 21 203 10 120
$200k-$299,999 112 14 204 2 85
$300k-$449,999 141 22 239 1 135
$450k-$599,999 138 14 284 0 0
$600k-$799,999 94 9 280 3 123
$800k-$999,999 72 5 246 1 131
$1mill-$1,999,999 106 4 360 3 322
$2 mill+ 30 0 388 0 0
Total: 815 89 20
Avg active “List” price = $687,452
Avg “Sold” price =$475,965 & Avg “Sold” price to “List” price = 93% & Avg DOM =148