Paul Stephen, Home Buyer in Gulf Shores, AL

How is beach front property faring. How does one track beach front in Gulf Shores.?

Asked by Paul Stephen, Gulf Shores, AL Wed Mar 25, 2009

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Answers

6
If you are not working with an agent; I would be happy to work with you.
Dottie Studt, Broker
Dottie Studt Realty
djstudt@gulftel.com
251-978-1471
0 votes Thank Flag Link Sat Aug 22, 2009
If you would like to keep track of properties in Gulf Shores and Orange Beach, I would be happy to put you on my weekly update list. I will send you out a list of homes or condos that have closed and all the foreclosures on the market. If you would like to track a more specified bit information please email me and I will send you more specified information. Please email me your email information if you would like.
Thanks, Karen Harrison
Remax of Orange Beach
251-942-3764
http://www.karensgulfproperties.com or
http://www.jimsbeachproperties.com
0 votes Thank Flag Link Sat Jul 4, 2009
Hi Paul,

Wanda and her broker have put together a nice bit of info for you.
She does not address single family homes however. My understanding is that the market has slowed
down as it has in most parts of the country. If you would like info for a home a couple streets up from
the beach, please feel free to call my sister Vickie at 317.509.1935. She has one for sale that you might
like. Most of my family has lived on or near the beach in Gulf Shores.

In all matters of real estate, the best info resource is always your Realtor.

Good Luck,

Marita Topmiller
0 votes Thank Flag Link Fri May 8, 2009
The really good deals (and there are some) are getting snapped up pretty fast.

If you would like periodic updates, email me and i will provide them to you directly.

I don't think you can track it very accurately without the MLS database. You could, of course, just scour the deeds and records being recorded in Baldwin County but that might take a lifetime.
0 votes Thank Flag Link Fri May 8, 2009
Hi Paul Stephen,

there is a lot of wark in the information below, I work with the Broker that has put this report together from the Baldwin Co MLS. He & I hope this will help you.

Thanks, Wanda Ramos

BEACH MARKET REPORT – MARCH 2009
Baldwin County MLS data, prepared April 6, 2009


CONDOS – DIRECT GULF FRONT – UNDER $1 MILLION
CLOSED MARCH 2009
19 Units from $165, 000 to $575,000, median avg $287,500
From $178 to $341/SF, median $254/SF (down $9.50/SF)
DOM 12 to 798, median 88
NOTE: The San Carlos auction was not included in these data.
CLOSED FEBRUARY 2009
38 Units, from $177,500 to $535,000, median avg: $292,000
From $196 to $399/SF, Med $263.50/SF (down $ 11.50/SF)
DOM 9 to 880, Med 78.5
CLOSED JANUARY 2009
13 Units, median avg: $300,000; $275/SF; DOM 79
(down $17.50/SF)
NOTE 1: 1 foreclosure, $267/SF
NOTE 2: Shortest DOM - - down 121 days.
CLOSED DECEMBER
22 Units, median avg: $333,500; $292.50/SF; DOM 200
(down $22.50/SF)
NOTE: 3 are foreclosures, avg $299/SF
CLOSED NOVEMBER
12 Units, median avg: $350,000; $315/sf; DOM 116
(down $8/SF)
CLOSED OCTOBER
16 Units, median avg $350,000; $307/sf; DOM 215
(down $11/SF)
CLOSED SEPTEMBER
21 Units, median avg $385,000; $318.00/sf; DOM 149
(down $10.50/SF
CLOSED AUGUST
14 Units, median avg $399,500; $328.50/sf; DOM 90
(down $2/SF)

Prudential REALTORS® Ranked #1 for Seller Satisfaction, by JD Power & Associates
0 votes Thank Flag Link Sun Apr 12, 2009
Hi Paul,

Sales have been slow. Have you considered buying off the beach a couple
streets back? About a dozen members of my family lived on or near the beach.
The ones who lived on the beach got washed out by hurricanes. The homes
back 2 or 3 streets had very little damage, if any.

A couple sisters of mine own a home a couple streets back that they have put on the market. Let me
know if you have any interest. Or simply email my sister vtopmiller@yahoo.com and get details from
her.

Best Regards,

Marita Topmiller
Assoc Broker/ Realtor
Indianapolis, IN area
0 votes Thank Flag Link Wed Mar 25, 2009
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