New Destin Hotsheet is up
Here you go guys.
This weeks Destin Hotsheet. Trying to Sowal on Weekends (Sat or Sunday) and Destin mid week.
http://www.uniquepanhandleproperties.com/hotsheetdestin9-1-10.pdf
Look for Sowal over the weekend if you have interest in PCB, I will post that as well.
Also, ran a sales trend for a client in an analysis for a potential purchase of a 3BR/3BA Beachfront Condo on 30A. Since there were no recent comps, I ran all 3&4BR beachfront Condos on 30A to see where we are pricewise since last September. The data in the columns to the left are Month sold, #of Sales and Average Sq Ft Price. Here's the results of Sales of 3 & 4 Bedroom condos on 30A from 9/1/09 to 8/31/10,
http://www.uniquepanhandleproperties.com/30acondos3brup9-09-8-10.pdf
Sorry data isn't labeled but did it for internal use and just thought someone might be interested. It was interesting to me that in the last year, sq ft prices have remained relatively the same in spite of the fact that the number of sales dropped off so badly after BP came into our lives.
From the data on left - (# of sales, not sq ft price) - Interestingly, Sales jumped up as expected for the beginnning of our busy season in March. Then in the fateful month of April (AKA BP happened), sales dropped significantly. The when it was announced in June that the oil could be hitting Florida shores, the sales dropped way down to only 2 and remained only 2 in July. Remember these numbers are only 3 & 4BR Beachfront Condos. I suspect we would see this trend in all of ECAR. Maybe if I have time, will check it out. I think we would have had a great year had it not been for the spill.