Graphs of average sale price and volume of single family homes Inlet Beach to Destin

**JoshMclean** · 02-18-2009, 11:03 PM

I attached this average sales price chart that I just put together, Have fun.

Average sale prices of single family homes Inlet Beach to Destin, including Rosemary Beach, WaterSound, Seagrove, Grayton Beach, Blue Mountain Beach, Sandestin Mirimar from 2000 to January 2009.

**JoshMclean** · 02-18-2009, 11:11 PM

Here is the monthly sales volume.

Average sale volume of single family homes Inlet Beach to Destin, including Rosemary Beach, WaterSound, Seagrove, Grayton Beach, Blue Mountain Beach, Sandestin Mirimar from 2000 to January 2009.

**SHELLY** · 02-18-2009, 11:23 PM

Originally Posted by JoshMclean

Here is the monthly sales volume.

....this looks amazing like the performance chart of my stock portfolio.

.

**JoshMclean** · 02-18-2009, 11:27 PM

Shockingly similar huh? Care to bet $1 on which one turns first? I'll even let you pick.

**ray** · 02-19-2009, 12:12 AM

it looks like avg prices down around 60% off the highs. what i find interesting is why did home sales plummet to 60-80 per month during the height of the boom in 2005-2006 coming off as high as 200 plus ? also interesting is home sales have really been sideways for 2 plus years in the 40-80 per month range

**SWGB** · 02-19-2009, 12:36 AM

Originally Posted by SHELLY

....this looks amazing like the performance chart of my stock portfolio.

.

I thought you were King Midas?

Originally Posted by ray

it looks like avg prices down around 60% off the highs. what i find interesting is why did home sales plummet to 60-80 per month during the height of the boom in 2005-2006 coming off as high as 200 plus ? also interesting is home sales have really been sideways for 2 plus years in the 40-80 per month range

The dip is probably people who had purchased the homes using them for vacations before realizing they had appreciated just a little bit and ditching them before the balloon payment was due.

**AAbsolute** · 02-19-2009, 06:20 AM

Originally Posted by JoshMclean

I attached this average sales price chart that I just put together, Have fun.

Look like we're getting close to the 2000 to 2003 trading range.

**kurt** · 02-19-2009, 06:49 AM

What a classic bell curve - thanks Josh. I am going to move to a new thread.

**Smiling JOe** · 02-19-2009, 08:03 AM

Originally Posted by SHELLY

....this looks amazing like the performance chart of my stock portfolio.

.

I told you those Crox were trendy.

**Busta Hustle** · 02-19-2009, 08:28 AM

Hey Josh please be a saint and post the graphs for condos and land for the real shock and awe portion of the show.

RayRay I think the height of the boom was second quarter 2004 to second quarter 2005. (not 05-06)

**InletBchDweller** · 02-19-2009, 09:07 AM

Originally Posted by SHELLY

....this looks amazing like the performance chart of my stock portfolio.

.

ain't that the truth

Originally Posted by Smiling JOe

I told you those Crox were trendy.

LMAO as I am wearing them right now!

**SHELLY** · 02-19-2009, 09:33 AM

Originally Posted by sowalgayboi

I thought you were King Midas?

...the bit in GLD is holding its own; that and being overweight in cash and holding zero % in postage-stamp-sized-bubble-priced lots and condos is helping to keep the pain at bay.

.

**JoshMclean** · 02-19-2009, 04:19 PM

Originally Posted by Busta Hustle

Hey Josh please be a saint and post the graphs for condos and land for the real shock and awe portion of the show.

RayRay I think the height of the boom was second quarter 2004 to second quarter 2005. (not 05-06)

I will work on several more and have them up over the weekend. I am slow and it takes me a while to put them together, especially for that long of a span.

**Busta Hustle** · 02-19-2009, 05:19 PM

Thanks Josh. Great info that you are providing.

**SWGB** · 02-19-2009, 06:49 PM

Originally Posted by SHELLY

...the bit in GLD is holding its own; that and being overweight in cash and holding zero % in postage-stamp-sized-bubble-priced lots and condos is helping to keep the pain at bay.

.

I thought you meant postage stamps for a minute. Clark Howard was on the other day pointing out that "Forever Stamps" are currently the safest and largest return on investment. Something around 5%. The holding costs shouldn't be to high either unless your junk drawer or desk drawer are full.

**JoshMclean** · 02-19-2009, 07:32 PM

Here is the monthly sales chart for condos.

**JoshMclean** · 02-19-2009, 08:14 PM

Here is the average sales price on condos.

**SHELLY** · 02-19-2009, 08:49 PM

Originally Posted by JoshMclean

Here is the monthly sales chart for condos/Here is the average sales price on condos.

Thanks Josh.

And to think that at every data point on those charts the NAR repeated: "Now's a Great Time to Buy!...Now's a Great Time to Buy!...Now's a Great Time to Buy!...Now's a Great Time to Buy!......

.

**TooFarTampa** · 02-19-2009, 09:24 PM

Originally Posted by ray

it looks like avg prices down around 60% off the highs. what i find interesting is why did home sales plummet to 60-80 per month during the height of the boom in 2005-2006 coming off as high as 200 plus ? also interesting is home sales have really been sideways for 2 plus years in the 40-80 per month range

The market practically ground to a halt right before Dennis hit in July of '05. Tipping point ...

**TooFarTampa** · 02-19-2009, 09:25 PM

I see SHELLY joined about the same time to tell us what's what.

**SHELLY** · 02-19-2009, 09:37 PM

Originally Posted by TooFarTampa

I see SHELLY joined about the same time to tell us what's what.

Coincidence?--or on a divine mission to warn the world of the Imminent Economic Meltdown.

.

**TooFarTampa** · 02-19-2009, 09:41 PM

I hope you warned at least a few people besides us.

Evidently not.

**SHELLY** · 02-19-2009, 10:16 PM

Originally Posted by TooFarTampa

I hope you warned at least a few people besides us.

Evidently not.

...George Bush and Hank Paulson wouldn't return my calls.

**Smiling JOe** · 02-20-2009, 08:02 AM

Originally Posted by sowalgayboi

I thought you meant postage stamps for a minute. Clark Howard was on the other day pointing out that "Forever Stamps" are currently the safest and largest return on investment. Something around 5%. The holding costs shouldn't be to high either unless your junk drawer or desk drawer are full.

Sounds good in theory, but try to get the USPS to buy them back.

That 41 cent stamp goes up to 44 very soon, so use those stamps people!

**Smiling JOe** · 02-20-2009, 08:05 AM

Originally Posted by TooFarTampa

The market practically ground to a halt right before Dennis hit in July of '05. Tipping point ...

Two shark "attacks" and about 20+ Tropical Storms/hurricanes, and people blame the downturn on the rapid increase of real estate.

**AAbsolute** · 02-20-2009, 08:21 AM

Originally Posted by Smiling JOe

Two shark "attacks" and about 20+ Tropical Storms/hurricanes, and people blame the downturn on the rapid increase of real estate.

The shark attacks and tropical storms had no real effect. The downturn was all about fake value.

**ClintClint** · 02-20-2009, 09:36 AM

Originally Posted by AAbsolute

The shark attacks and tropical storms had no real effect. The downturn was all about fake value.

I would suggest the fake values and the ability to access the fake equities thru HELOCs in the markets of buyers primary residence, i.e. Atlanta, Birmingham, Dallas, etc, are the culprits moreso than the fake values in SoWal. The second home purchases in Sowal were not "value" decisions unless you mean the lifestyle value instead of economic value. How many prayers were said by buyers before and after closings to the effect "boy we're screwed if the market crashes".

**Bobby J** · 02-20-2009, 01:20 PM

Take note: The down turn of the market can be traced to the release of Dibs. Those damn little crunchy ice creams balls! Eat one and you can not concentrate on anything else! Until those are taken off the shelf we are all doomed!

**SWGB** · 02-20-2009, 04:36 PM

Originally Posted by Smiling JOe

Sounds good in theory, but try to get the USPS to buy them back.

That 41 cent stamp goes up to 44 very soon, so use those stamps people!

I think the idea was to buy them up now and then release them in increments after the price increase.

Let's do lunch I feel a short lived MLM scheme coming on.

Shh, don't tell Josh.

**traderx** · 02-20-2009, 06:15 PM

Originally Posted by sowalgayboi

I think the idea was to buy them up now and then release them in increments after the price increase.

Let's do lunch I feel a short lived MLM scheme coming on.

Shh, don't tell Josh.

You have a very inventive mind.

**SWGB** · 02-20-2009, 06:49 PM

Originally Posted by traderx

You have a very inventive mind.

Want to learn more? Just send $29.95 for my amazing pamphlet on how to get rich using the USPS price increase. Hurry supplies are limited and operators are standing by. If you act now I'll throw in my patent pending postage moistening system.