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Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
:dunno: Why so quite? Too much information? Did anyone notice that inventory in a few categories actually decreased for the first time in a long time?
 

Mermaid

picky
Aug 11, 2005
7,871
335
Smiling JOe said:
:dunno: Why so quite? Too much information? Did anyone notice that inventory in a few categories actually decreased for the first time in a long time?

I can speak only for myself, but I'm still trying to digest the June 2006 figures for SoWal condo sales:

Avg List Price $644,094
Avg Sale Price $580,625
% Diff Sell/List 90.15%

Any hopes we might have had of selling our condo at a decent price and upgrading to a larger one are now indefinitely delayed thanks to those figures. :sosad: That's why I'm quiet!
 

Beachbummette

SoWal Insider
Jul 16, 2005
5,742
209
Birmingham and Watersound
Smiling JOe,
Looking at single family dwelling over the last few years the inventory has more than doubled. How many NEW homes have been constructed over the last few years that would not have been on the market in 2003 :dunno: or even 2004?
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
Beachbummett said:
Smiling JOe,
Looking at single family dwelling over the last few years the inventory has more than doubled. How many NEW homes have been constructed over the last few years that would not have been on the market in 2003 :dunno: or even 2004?
In all categories, inventory has more than doubled over the last few years. I, for one, am at least glad to see the tapering off of the net number of listings. I think this is a result of what I mentioned last month -- Realtors not taking just any listing at any price and sellers pulling some of the over-priced listings off the market, or allowing them to expire.

I see great prices on many properties in many different areas right now. If you are going to get in the market, you better not wait too long.
 

Beachlover2

Beach Fanatic
Jun 17, 2005
819
60
SoWal
I am just glad I am not having to sell right now - but do see some positive signs in the numbers - turning the corner maybe????
 

Beachbummette

SoWal Insider
Jul 16, 2005
5,742
209
Birmingham and Watersound
We have been in the market for a long time. Luckily have not bought anything in almost three years.
Do you have any idea how many new homes have been constructed in South Walton in the last three years?
 

Rlumpy

Beach Comber
Mar 20, 2006
7
0
I think you should see better results for July. Lets just hope the momentum continues. Those invested for the long term, keep reminding yourself that this is just a temporary blip that "this too shall pass".

Compared to Cal and South Florida, SoWal is still a great deal.
 

Dbaby

Beach Comber
Dec 27, 2005
10
0
soo sorry you sery amricons buy beechfron ree estate. U watch yor money froat away wist tide. shelly-moto wait for rand to git reel cheep. buy from
por amrecons.

rik takin candy frum rittle amrecon.


l
 
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