GULFCONDOSALES

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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August 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-$199,999 240 25 277 19 196
$200k-$299,999 365 40 250 14 155
$300k-$449,999 484 42 259 16 136
$450k-$599,999 489 22 288 8 145
$600k-$799,999 289 16 256 4 410
$800k-$999,999 145 3 294 4 184
$1mill-$1,999,999 101 8 253 1 92
$2 mill+ 13 4 183 0 0
Total: 2126 160 66
Avg active “List” price = $508,004
Avg “Sold” price = $349,208 & Avg “Sold” price to “List” price = 94% & Avg DOM =177

Homes
Sales/Listings Active
Listings New
Listings Avg
Listings DOM Sold
Listings Avg
Sold DOM
$0-$199,999 133 17 209 8 103
$200k-$299,999 114 14 204 7 210
$300k-$449,999 148 20 245 4 326
$450k-$599,999 135 11 275 1 107
$600k-$799,999 96 7 263 1 498
$800k-$999,999 71 8 238 1 180
$1mill-$1,999,999 113 10 353 2 547
$2 mill+ 29 2 354 2 140
Total: 839 89 26
Avg active “List” price = $681,118
Avg “Sold” price =$522,744 & Avg “Sold” price to “List” price = 91% & Avg DOM =221