The phone is ringing and the emails keep coming, with requests for showings, information on the property and questions about condo ownership.
If Spring was a hint of what’s ahead for the 2012 real estate market, sales and prices should continue to recover. Two of the six sales in March received multiple offers and one of those closed above its list price. This suggests that sellers are beginning to hold out for the “right” price and that buyers may have to make two or three offers to get a unit they want.
Summer always brings increased traffic in the form of rental guests, “walk-ins” and “lookers.” With our office located right in the middle of the activity, Mandoki Realty is perfectly poised to capture this traffic and turn potential buyers into Plantation owners. Look at our record since January 2011, when the market began to recover:
The sixteen Mandoki Realty-listed units averaged 313 days on the market. The overall average was 405 days.
Price: The average sales price for the forty-one units sold since January 2011 was 95% of the listing price; Mandoki Realty listings averaged 96.3% of the asking price.
If you are considering selling your unit, give me a call at. Inventory is lower than it’s been in years andwe need listings. Put the brokerage that specializes in Gulf Shores Plantation to work for you.
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