Saturday, April 4, 2009

Sandestin Real Estate - 1st Quarter 2009


3 bed 3 bath Condo at Grand Sandestin Sold in Foreclosure for $400,000

Condo Sales: 1st Quarter 2009

Well the first quarter of 2009 is in the books for Sandestin Real Estate and there is some good news and bad news for Sandestin Condos Sales depending on whether you are a buyer or a seller. The news is that there were 17 condos sold in Sandestin in the first three months of the year ranging in price from just over $100,000 to $1.2 million with 8 of them being either short sales or foreclosures. Lets take a look at how the numbers broke out.

Total Number of Sandestin Condos Sold(1st Qtr. 2009): 17
Lowest Priced Sandestin Condo Sold: $102,000
Highest Priced Sandestin Condo Sold: $1,200,000
Average Price for a Sandestin Condos Sold: $277,779
Average Sq.Ft. Price for a Sandestin Condos Sold: $263
<strong>Average Days On Market for a Sandestin Condos Sold:151
Number of Sandestin Condos Sold as Short Sales or Foreclosures:8

If you would like more information regarding these sales simply call John Moran at 850-654-3325 or email me at john@themoranteam.com


Check out this 3 bedroom 3 bath Sandestin Condo Foreclosure for sale

Sandestin Condos For Sale

That is what has sold now lets take a quick look at Sandestin Condos currently for sale. It's notable that as of 4/4/2009 there are 422 condos for sale in Sandestin ranging in price from $77,000 to $3,750,000. This means that with 5.66 condos selling per month that Sandestin has a 74+ month (6+ years)inventory of condos for sale. Lets take a look at how the active Sandestin Condos For Sale break down:

Total Number of Sandestin Condos For Sale(4/4/2009): 422
Highest PricedSandestin Condo For Sale: $3,750,000
Lowest Priced Sandestin Condo For Sale: $77,000
Average Price for a Sandestin Condo For Sale: $560,089
Average Price Per Sq.Ft. for a Sandestin Condo For Sale: $432
Average Number of Days on Market for Sandestin Condos For Sale: 388
Total Number of Sandestin Condo Foreclosures or Short Sales For Sale: 66

To see Sandestin Condos For Sale or Sandestin Foreclosures and Short Sales go to www.atthebeachfl.com

Stay on top of Sandestin Foreclosures and Short Sales by signing up for the Sandestin Foreclosure and Short Sale Alert and we will email you every time a Sandestin property comes on the market as a Foreclosure or Short Sale.

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