Big price drops at alys beach

[gmarc]

Wow 12-20% price drops on 10 or more homes. looks like desperation sitting in on the high end.



ALYS BEACH
EAST OF CAMP CREEK30 WHITBY COURT
ALYS BEACH, FL$2,050,000 --> $1,590,000-22%3322991483348ALYS BEACH
EAST OF CAMP CREEK94 N. CHARLES STREET
PANAMA CITY BEACH, FL$2,200,000 --> $1,875,000-15%3321871509862ALYS BEACH
EAST OF CAMP CREEK30 NORTH CHARLES
ALYS BEACH, FL$2,350,000 --> $1,885,000-20%3330161498954ALYS BEACH
EAST OF CAMP CREEK101 N. SOMERSET STREET
ALYS BEACH, FL$1,900,000 --> $1,650,000-13%3323761498956ALYS BEACH
EAST OF CAMP CREEK93 N. SOMERSET STREET
ALYS BEACH, FL$2,015,000 --> $1,705,000-15%3321191507169ALYS BEACH
EAST OF CAMP CREEK56 N. CHARLES STREET
ALYS BEACH, FL$2,125,000 --> $1,750,000-18%3325611483346ALYS BEACH
EAST OF CAMP CREEK86 N. CHARLES STREET
ALYS BEACH, FL$2,075,000 --> $1,750,000-16%4423621440599ALYS BEACH
EAST OF CAMP CREEK50 SEVEN WELLS CT
PANAMA CITY BEACH, FL$2,050,000 --> $1,750,000-15%3326721509859ALYS BEACH
EAST OF CAMP CREEK38 NORTH CHARLES
ALYS BEACH, FL$2,344,000 --> $1,875,000-20%4425841476896ALYS BEACH
EAST OF CAMP CREEK100 N. CHARLES STREET
ALYS BEACH, FL$2,275,000 --> $1,895,000-17%3325091483083ALYS BEACH
EAST OF CAMP CREEK46 N. CHARLES STREET
ALYS BEACH, FL$2,300,000 --> $1,950,000-15%3325841507197ROSEMARY BEACH
EAST OF CAMP CREEK102 WEST WATER ST
ROSEMARY BEACH, FL$2,499,000 --> $2,299,000-8%6546871498735ALYS BEACH
EAST OF CAMP CREEK101 S CHARLES STREET
ALYS BEACH, FL$3,150,000 --> $2,800,000-11%432912

 

[Matt J]

I'd say it's time to more the inventory on the North side before it really drops with homes going in the South side. When the view dries up so does the asking price.

 

[SHELLY]

Thanks for the warning!! I'll need to reroute my travels off of 30A to avoid the thundering mob of bargain hunters!

/sarcasm off


.

 

[fisher]

Wow 12-20% price drops on 10 or more homes. looks like desperation sitting in on the high end.



ALYS BEACH
EAST OF CAMP CREEK30 WHITBY COURT
ALYS BEACH, FL$2,050,000 --> $1,590,000-22%3322991483348ALYS BEACH
EAST OF CAMP CREEK94 N. CHARLES STREET
PANAMA CITY BEACH, FL$2,200,000 --> $1,875,000-15%3321871509862ALYS BEACH
EAST OF CAMP CREEK30 NORTH CHARLES
ALYS BEACH, FL$2,350,000 --> $1,885,000-20%3330161498954ALYS BEACH
EAST OF CAMP CREEK101 N. SOMERSET STREET
ALYS BEACH, FL$1,900,000 --> $1,650,000-13%3323761498956ALYS BEACH
EAST OF CAMP CREEK93 N. SOMERSET STREET
ALYS BEACH, FL$2,015,000 --> $1,705,000-15%3321191507169ALYS BEACH
EAST OF CAMP CREEK56 N. CHARLES STREET
ALYS BEACH, FL$2,125,000 --> $1,750,000-18%3325611483346ALYS BEACH
EAST OF CAMP CREEK86 N. CHARLES STREET
ALYS BEACH, FL$2,075,000 --> $1,750,000-16%4423621440599ALYS BEACH
EAST OF CAMP CREEK50 SEVEN WELLS CT
PANAMA CITY BEACH, FL$2,050,000 --> $1,750,000-15%3326721509859ALYS BEACH
EAST OF CAMP CREEK38 NORTH CHARLES
ALYS BEACH, FL$2,344,000 --> $1,875,000-20%4425841476896ALYS BEACH
EAST OF CAMP CREEK100 N. CHARLES STREET
ALYS BEACH, FL$2,275,000 --> $1,895,000-17%3325091483083ALYS BEACH
EAST OF CAMP CREEK46 N. CHARLES STREET
ALYS BEACH, FL$2,300,000 --> $1,950,000-15%3325841507197ROSEMARY BEACH
EAST OF CAMP CREEK102 WEST WATER ST
ROSEMARY BEACH, FL$2,499,000 --> $2,299,000-8%6546871498735ALYS BEACH
EAST OF CAMP CREEK101 S CHARLES STREET
ALYS BEACH, FL$3,150,000 --> $2,800,000-11%432912

Not desperation in the high end. Just the folks at EBSCO trying to get in line with the market. However, they are still probably 40% to 60% too high if they want to start moving product. At the new prices, they still won't have any significant sales. If they want to sell, they need to get ahead of the market in terms of pricing. At these prices they are still 2 or more years behind the market. They haven't sold more than a handful of homes and lots over the last two or three years.

 

[AAbsolute]

Not desperation in the high end. Just the folks at EBSCO trying to get in line with the market. However, they are still probably 40% to 60% too high if they want to start moving product. At the new prices, they still won't have any significant sales. If they want to sell, they need to get ahead of the market in terms of pricing. At these prices they are still 2 or more years behind the market. They haven't sold more than a handful of homes and lots over the last two or three years.

Buildings don't make towns, residents do.

 

[Kurt]

Desperation is not the appropriate word. Desperation would be on the order of a 40-50% price drop. I would say it is a measured price adjustment in response to current market conditions. What does that mean? Ebsco has invested a huge amount of time and money to develop a world-class destination, and is not going to drop prices just to "start moving product". Sure they want sales, but for now they have the luxury of waiting for the market to adjust. At the same time they are not foolish. I believe they, like many others, are rolling out new pricing in time for the spring and summer season to generate new interest (it got posted here, see it's working).

Alys Beach certainly has a lot of interest in their town and are as good as it gets in marketing. Maybe some who want to buy there but are on the fence just need a little push.

There is a ton of building going on out there. If you haven't been to Alys Beach lately, check it out. The place is buzzing.

 

[Smiling JOe]

Wow 12-20% price drops on 10 or more homes. looks like desperation sitting in on the high end.



ALYS BEACH
EAST OF CAMP CREEK30 WHITBY COURT
ALYS BEACH, FL$2,050,000 --> $1,590,000-22%3322991483348ALYS BEACH

EAST OF CAMP CREEK94 N. CHARLES STREET
PANAMA CITY BEACH, FL$2,200,000 --> $1,875,000-15%3321871509862

I'm curious. I clicked on the first two links in your list. I see nothing regarding the original listing price and the percentage of reduction. Where did that information come from? Also, I clicked on the first listing link, which you claim is priced at $1,590,000, yet the link shows it is priced differently at $1.875 million. The second link states a price of $2.2 million, but the actual listed price is different on the link. Did I miss something?

 

[AAbsolute]

I'm curious. I clicked on the first two links in your list. I see nothing regarding the original listing price and the percentage of reduction. Where did that information come from? Also, I clicked on the first listing link, which you claim is priced at $1,590,000, yet the link shows it is priced differently at $1.875 million. The second link states a price of $2.2 million, but the actual listed price is different on the link. Did I miss something?

Good Questions

 

[Alyoopster]

i wonder if they have gone down on the price of renting their venues? $10,000 for the Caliza Pool!!!!!

 

[TooFarTampa]

I'm curious. I clicked on the first two links in your list. I see nothing regarding the original listing price and the percentage of reduction. Where did that information come from? Also, I clicked on the first listing link, which you claim is priced at $1,590,000, yet the link shows it is priced differently at $1.875 million. The second link states a price of $2.2 million, but the actual listed price is different on the link. Did I miss something?

Looking at this again I can see what happened. The links should be at the beginning of a listing. The first listing does not have a link. The first link is to the second listing, and on down the line.

That said, I would not expect to bargain hunt at Alys Beach anytime soon. They can afford to hold off on price drops and they should. The town is exquisitely designed and is getting more interesting all the time!