Do You Desire A Direct Gulf View Condo!?! Read Below For The Pricing Trend!!!
by Realty 1st
on Monday, April 7th, 2014 at 4:24pm.
MATTHEW WELCH REALTY 1ST CELL 251-979-1098
DO YOU DESIRE A DIRECT GULF VIEW CONDO?!?
Greetings Future Condo Owners,
Matthew Welch blogging to inform you of the HOT AL Gulf Coast Condo Market! :) As Q1 ends, I hope Q2 is starting off with a bang!
I have critical information on the current condo market and everyone needs to know! As you will see, the price per square foot increase, for condos located in Gulf Shores, Orange Beach, and Fort Morgan is rising rapidly!
In the past, I have tried to express the urgency to my clients to buy as soon as possible without being too bold or pushy(it's not my style). I have previously written blogs, noting the increases in price and have expressed the urgency to buy and reap the rewards of price appreciation. If you are on the fence about purchasing an AL Gulf Coast Condo, you should find this information below rather convincing.
STUDY THE GRAPH BELOW FOR A MINUTE:
Average Price Per Square Foot
Median Price Per Square Foot
Explanation of the Graph:
Take note, the square foot prices only represent "Direct Gulf View Condos". This means your balcony is parallel to the beach or gulf.
As you can see, the graph is moving from the lower left to the upper right in a steep uptrend. The columns on the left are the the Average Square Footage Price and the columns on the right are the Median Square Footage Price. The Time Frame is year-over-year from March 2010-March 2014.
Note the Median Price Per Square Foot was $258.00/sqft in March 2013 and in March 2014 the Median Price Per Square Foot moved upwards to $276.00/sqft. A 7% increase year-over-year!!! Also, the Average Price Per Square Foot in March 2013 was $254.00/sqft and moved upwards to $295.00/sqft in March 2014. A 16% increase!!!
!Current Activity Coupled with Low Inventory is a Cocktail For Price Increases!
!ACT NOW AND INVEST IN YOUR FUTURE!
I hope this blog was informative and the information provided stirred an urgency for action. This information is astonishing to those I share it with! Remember, I am always available for questions and ready to show property at a moments notice! Take action and correspond your time of visit to view real estate with me. Please feel free to call, text, or email me anytime.
View All Direct Gulf View Condos By Clicking HERE.