Welcome to my brand new Weblog! As Perdido Key's leading Realtor (2007 & 2008 officially speaking), I have tons of real estate sales information and area news in my head that needs to get out, so naturally a 'blog' seems the perfect medium to do just that...I hope you will register on the site to be notified of new blogs when they post. This way, I will know that someone is reading my blog and my voice is being heard!
For my first post, I had to share THE BIGGEST NEWS TO HIT PERDIDO KEY IN THREE YEARS. There are currently 31 pending or contingent sales in Perdido Key and inventory levels are at their lowest point in THREE YEARS! Yes, this is BIG news for Florida's northern-most barrier island. With only 193 Gulf front properties currently for sale, some Buyers are missing their window of 'bottom price' opportunity especially at complexes like Sandy Key where this week's recent 2BR sale was $35,000 higher than a previous sale. I just closed Sandy Key 523 on Friday for $270,000 (furnished) and had numerous Buyers waiting in the shadows to jump should the sale go south. Many of my peers agree this will be the last 2BR sale near this price in Sandy Key, where Buyer demand outweighs supply.
Make no mistake, there are great deals to be had along with coast...we are simply finding 'deals' in our "$350,000 and under" segment of the market are quickly disappearing from Perdido Key to Gulf Shores. This buying trend was represented by April 2009 Sales Stats which show 13 sales in Perdido Key at an average sale price of $363,900. In a nutshell, lower-priced inventory is dwindling, demand is high, and prices in this range are hedging up as a result. Those who know me know that I am not a 'high pressure, high urgency' sales person who is conservative in saying 'the market is turning'. So when I say the tide is turning, it is because I am seeing first hand a wave of activity unlike any we've seen in the past three years.
Let me finish this post by sharing my thoughts on 'THE GREATEST BUYS IN PERDIDO KEY today"...
RIVER COLONY 102 - Brand new 4-bedroom riverfront condo for only $299,000 -- WOW! Only $149/sf!
FLORENCIA 707 - CRAZY buy on 3BR end-unit, 1935 sf for only $399,900 (w/ 2 covered parking spaces)
ATLANTIS 3W - UNBELIEVABLE BUY for 4BR, 2600sf, GULF-FRONT only $574,900! THIS IS $221/SF!
NONE OF THESE ARE SHORT SALES OR FORECLOSURES. AND YOU TRULY WILL WANT TO ACT FAST (really)...
CALL ME TODAY AT 850-712-4631 DIRECT LINE.
Have a safe & blessed Memorial Day weekend!
Comments