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Tinsley Myrick

scottmyrick@yahoo.com www.tinsleymyrick.com


Oct 1, 07 - 12:37 PM
Condo Real Estate Market Report for Gulf Shores and Orange Beach, Alabama- 10/01/2007

Gulf Shores and Orange Beach, Alabama Real Estate Market Report - 10/01/2007

Gulf Shores and Orange Beach, Alabama Real Estate Overview:

There are currently 1208 Gulf Front condos in the Gulf Shores and Orange Beach, Alabama real estate market that are showing as active and have been on the market and average of 225 days. There were 416 Gulf Front condos sold in the Gulf Shores and Orange Beach, Alabama real estate market in the previous 12 months and they were on the market an average of 268 days. The average list price to sales price ratio for the Gulf Shores and Orange Beach, Alabama real estate market in the previous 12 months was 95%.

The Gulf Shores and Orange Beach, Alabama real estate market currently has 792 more condos showing active than the total number of Gulf Front condos sold in the last 12 months! Condos are sitting longer because condo buyers have many available options to choose from and financing is not as readily available. Lenders are tightening their guidelines and eliminating certain programs from their offerings altogether.

Potential Gulf Shores and Orange Beach condo buyers, it's a great time to learn about buyer representation. I invite you to visit my Gulf Shores and Orange Beach real estate web site: http://www.tinsleymyrick.com/ and discover the numerous benefits of having your very own agent that works for and negotiates only for you.

Potential condo sellers, due to current market conditions in the Gulf Shores and Orange Beach, Alabama real estate market, now more than ever it is important to choose the right agent when putting your condo up for sale in the Gulf Shores and Orange Beach, Alabama real estate market. I also encourage you to visit my Gulf Shores and Orange Beach real estate web site and take a good look at all the condos that are currently on the market and get a good feel for your competition.

All my best,
Tinsley Myrick
251-978-5989


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