October Sales Report
Attached below for you is a recap of last month’s sales activity. 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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October 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-$199,999 256 34 267 12 171
$200k-$299,999 355 42 269 14 215
$300k-$449,999 501 66 257 8 213
$450k-$599,999 434 31 307 4 213
$600k-$799,999 251 47 270 *2 398
$800k-$999,999 120 19 326 *1 136
$1mill-$1,999,999 76 5 296 *1 111
$2 mill+ 8 0 264 0 0
Total: 2001 244 42
Avg active “List” price = $477,647
Avg “Sold” price = $507,699 & Avg “Sold” price to “List” price = 95% & Avg DOM =206
*Avg sold price includes some exclusive high-end sales.
Homes
Sales/Listings Active
Listings New
Listings Avg
Listings DOM Sold
Listings Avg
Sold DOM
$0-$199,999 131 28 200 5 276
$200k-$299,999 117 21 193 4 274
$300k-$449,999 129 14 234 4 147
$450k-$599,999 132 13 289 1 30
$600k-$799,999 98 11 282 2 99
$800k-$999,999 70 6 253 0 0
$1mill-$1,999,999 99 8 375 0 0
$2 mill+ 30 2 393 0 0
Total: 806 103 16
Avg active “List” price = $678,639
Avg “Sold” price =$310,711 & Avg “Sold” price to “List” price = 93% & Avg DOM =206