Larry, Other/Just Looking in Gulf Shores, AL

Data for real estate value declines in 2008

Asked by Larry, Gulf Shores, AL Sun Jan 11, 2009

I would like specific data to show the % of decline in real estate values for single family homes in the Gulf Shores area west of city [Plash Island, Bon Secour River area, Oyster Bay areas. [Oct 2007 to Oct 2008]
Will use the information to appeal property tax increases for 2008 which increased 10-20% in valuation when the actual valuation was declining anywhere from 10-50% in actual sales prices VS the listing price.

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The University of South Alabama MITCHELL college of Business Center for Real Estate Studies have
the data your looking for. It breaks it down to property values and % by zones including Bon Secour but
you will need to use 2006 to 2007 not 2008. The web site is cres.southalabama.edu
0 votes Thank Flag Link Sun Feb 15, 2009
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