- May 9, 2007
Yes Charlie, it was about 6-8 years ago. Blow all you want, you can't get that bubble up again.
That is interesting. Will you please define that area, "from Destin through 30A?" When I run the numbers for Destin and all of South Walton, the reports are strong, but not as you claim. Maybe you include only areas south of 30A or something very unique.
Single family home sales for areas 14 (Destin),15 (South Walton West),16 (North SRB),17 (South SRB),18 (South Walton East).
March, 2005- 159 sales
March, 2006- 64 sales
March, 2007- 61 sales
March, 2008- 65 sales
March, 2009- 72 sales
The March 2009 numbers don't look extraordinary at all. Seems like the usual spring uptick. March 2009 is within 10% of all prior years except 2005.
What happened to median and average prices compared to prior year? Also, has inventory changed very much compared to prior years? It seems that as soon as one house sells, another takes its place on the MLS. Until we see a serious reduction in inventory, seems that the downward trend in prices will continue.
Thanks for the info.
But those are are March closings, so it's not really the spring uptick period yet (maybe just the beginning of it). A lot of the spring deals close in May or June. So the anecdotal evidence is helpful too -- we'll just have to see how it goes.
You raise a good point about inventory entering the spring season. Anyone care to elaborate? Has it stabilized or even started to decline?
Inventory for the same areas.
March, 2005- 854
March, 2006- 2089
March, 2007- 2433
March, 2008- 2505
March, 2009- 2245
SO IN SUMMARY:
realtors: blogidy blog blog, wowee short term yippee!
shelley: one man's shiete is another's shinola, you can't bs a bser, blogidy blog blog charlie tool.
seems like the more things change the more they stay the same. blogidy blog blog.