February 2014 Monthly Market Reports

Sunset

 

 

 

 

 

 

Visit our February 2014 Monthly Market Reports for additional information on Sold properties:

Perdido Key Market Report

Pensacola Beach Market Report

We are excited about the Grand Opening of our new office in Orange Beach, AL!

With Realtors licensed in Florida and Alabama, we are here for all of your property needs.

New Listing in Orange Beach

It is a great time to list your home or investment property for sale!

Now, with 4 offices along the Gulf Coast, stop by and let us discuss the value of your property.

We want you to be fully informed about the local Real Estate market and our team of Realtor’s are here for you!

California Cliff House

Are you looking to buy a home in the Pensacola area? Listed at just under $2 million, this California Cliff House is the closest thing you will find to the West Coast living here on the Gulf Coast.

Experience luxury at its finest as the beauty of this modern home is evident both inside and out. Located quite literally at the highest point in coastal Northwest Florida, this impressive 5072 square foot home offers immaculate views of the Pensacola Bay from nearly every room.

This three-level home presents five bedrooms, six bathrooms and two large balconies perfect for entertaining. Open and inviting, this home dazzles with features of multiple fireplaces and built-in bookcases. The living room offers striking penthouse views combined with windows built into the cathedral ceiling that will provide you an overwhelming sense of serenity.

You will undoubtedly enjoy the remarkable views from afar, but take the elevator downstairs and outside a path will uncover access to your private 300 foot dock and sandy beach. Extra decking and a beautiful arbor shade will maximize your time spent fishing off the dock or even just basking in the Florida sunshine.

Call us at 850-492-1826 to schedule a showing today. For more information about this listing and any other real estate needs, visit TeamPointeSouth.com.

January 2014 Monthly Market Report

841 Sailfish Ct

The weather along the gulf coast wasn’t the only thing frozen this January!  Real estate sales were minimal in January as the low temperatures moved across coastal Alabama and Northwest Florida.  We are pleased to report that the sun is again shining and sale prices are on the rise as we approach spring.

2013 vs 2014 Perdido Key Average Sale Statistics

DOM List Price Sale Price Price | Sf
2013 182 $280,000 $263,129 $185
2014 104 $370,700 $253,625 $252

 

Visit our January 2014 Monthly Market Reports for additional information on Sold properties:

Perdido Key Market Report

Pensacola Beach Market Report

It is a great time to list your home or investment property for sale.  The inventory is low, sale prices are increasing and we have a handful of clients waiting for the right property.

Call us or please stop by one of our offices to visit and discuss the value of your property.

We want you to be fully informed about the local Real Estate market and our team of Realtor’s are here for you!

 

 

 

Developements Along the Gulf Coast

Our team at Pointe South Real Estate wants to help you find the perfect property for your life style.  We represent buyers and sellers across the gulf coast and we know that each subdivision and resort has its own attributes in each community.  In order to provide you with the best online representation of these areas, we have included a Developments Page in our website.

Lost Key Golf Course

We have started our list of developments with a select few and we are continuously adding.  In addition to providing you with the current properties for sale, we want to give you an overview of the scenic area, specific attributes, and amenities.  Some resort amenities include indoor pools, fitness centers, tennis courts, boardwalks, and community rooms.  Did you know The Lost Key Golf and Beach Club located in Perdido Key offers a World Class 18-hole Championship Golf Course?  Or, Portofino Island Resort located East of Pensacola Beach has Adventure Cove Water Park?

With all of the diverse subdivisions and resorts, there is something for everyone! All residents get to enjoy the local culture, lush landscapes of our state and federal parks, rolling dunes, and the shores of the Gulf of Mexico.  We are here to help you find the perfect investment property or home for your family.

If you would like additional information on a development, please Contact us!

Let our Real Estate Team Advertise for You!

The only way to sell your Pensacola Home or Perdido Key Condo is to let everyone know it is For Sale!  Passionate and motivated, our Realtors at Pointe South Real Estate Sales understand the importance of spreading the word and representing your property to the highest standard.  Advertising and representation is key and even though your property may be involved in an ad campaign, it may not be receiving all of the attention that it should.

Listing Postcard

We employ a year round multimedia approach to marketing and advertising in our Gulf Coast Communities.  We know through community involvement, affiliations and professionalism brings success for not only our team, but also for our owners and investors.  We want your property to shine!  Our Team’s presentation uses brilliant, high quality photos to show the true beauty of your property.  Our descriptions are complete and accurate letting potential buyers know exactly what your home has to offer physically and functionally.  And just as important, our Realtors are knowledgeable on the local market and our communities and ready to answer any questions.

With all of the pride we invest, we carry over our presentation, continuing to market your property through our website, the multiple listing service, Facebook, Twitter, and through targeted email and postcard campaigns.

Our advertising strategies at Team Pointe South are proven and successful and we want to advertise for you!

October 2013 Monthly Market Reports

 Perdido Key

Fall is such a beautiful season along the Gulf Coast as cooler temperatures and cooler coastal waters bring about new adventures. 

The real estate market this fall, although changing, is holding strong.  Our low inventory is spiking the interests of buyers and sellers alike with captivating prices.

            Perdido Key – 20% decrease in Active Listings since June 2013

            Pensacola Beach – 7% decrease in Active Listings since June 2013

            MLS – 9% increase in Active Listings since June 2013

Our Team at Pointe South is here to keep you informed and we look forward to serving you for all of your real estate needs.

Visit our October 2013 Monthly Market Reports for additional information on Sold properties:

                Perdido Key Market Report

                Pensacola Beach Market Report

 Great things are happening . . . . .

Tour the Purple Parrot Village Resort with Scott Marks

 

The Purple Parrot Village Island Resort ~ Tropical and cozy!  These individual cottages, available in 2 and 3 bedrooms, are loaded with all the spice and flavor you find in the Caribbean without the price tag!   I should know, I’m Scott Marks and I have been selling these units since construction was first started.  Let sixteen years of experience work for you, your family and your friends.   From gulf front to golf course front, use my professional experience to guide you through the buying and selling process of real estate in Perdido Key, Pensacola, and Pensacola Beach, FL!

Explore Real Estate Opportunities in Perdido Key with Realtor, Danny Head

 

 Danny Head is one of the top sales agents on Perdido Key and he has been involved in more Beach Colony sales and listing transactions than any other single agent on the Key. Beach Colony Resort, a three building complex, is one of the most sought after, gulf front communities on the island, with a total of 214 units, two and three bedroom units and a few 4 bedroom summit houses.  Beach Colony offers 600 feet of dazzling beach, three swimming pools (one enclosed), hot tub, state of the art work out facility and clay tennis courts. Currently, there are 10 units for sale in the community.

 The sparse availability of Beach Colony units is typical of what we are experiencing on the Florida side of the island. What in the past six years has been pretty much a Buyer’s market is slowly transitioning to a Seller’s market as our inventory decreases. At this time, there are only 70 gulf front condominiums available on the Florida side of Perdido Key.

August 2013 Monthly Market Reports

Windward Condo Balcony View 

As the Real Estate market along the Florida Gulf Coast continues to change and flourish, our Team at Pointe South Real Estate Sales will keep you informed.

The metropolitan area has had an increase in listings while both Perdido Key and Pensacola Beach have decreased in listings and sales.

Visit our August 2013 Monthly Market Reports for additional information on Sold properties:

                Perdido Key Market Report

                Pensacola Beach Market Report

MLS Active Listing Count

    Perdido Key   Pensacola Beach   MLS
4/1/2013   153   228   3204
5/1/2013   160   238   3253
5/31/2013   158   241   3321
 7/1/2013    158    234    3336
8/1/2013   151   237   3404
9/3/2013   135   227   3507

 

Our door is always open to discuss property values, the current market and any questions you may have so stop by our office or contact us today.

Considering a Short Sale?

 Short Sale

Considering a short sale is never in the plans when it comes to owning your own home.  However sometimes things don’t work out just as planned and an owner may find themselves looking for a way out.  One thing for sure, during the short sale process an owner is going to need guidance and support and we understand that going to friends, neighbors, and acquaintances is not easy and most owners don’t want to share that they are facing hard times financially.  

When an owner finds themselves facing these hard times, they need to know there are options.  The first thing we recommend is to make contact with the lending bank and see if a loan modification or another option is available. It is best to exhaust all efforts before deciding to sale, short sale or foreclosure on a home.  A foreclosure is a legal process in which the lender takes back the mortgaged property as a result of an owner not being able to keep current on the payments.  A short sale is when the bank agrees to accept less than the amount owed on the mortgage due to an owner not being able to keep current on the payments.

If all efforts have been made and the circumstances haven’t improved, this is the time to reach out to a licensed real estate agent for guidance.  A Realtor will not only look at your situation and guide you accordingly, but will explain the different processes to you in advance, support you through the process, and represent you along the way, taking as much weight as they can off of your shoulders.  Your Realtor will need your authorization to represent you and to allow the bank to disclose information on your account.  Maintaining constant contact between you and your lender, the Realtor will find out if you qualify for any assistance and what documents will need to be completed, compiled and submitted for review.

The lender may approve the short sale during the time the home is on the market and if not, the lender will review it at the time an offer is submitted.  At this time an offer may be accepted, countered, or denied.  It is important to know that even if the bank approves a short sale, they may or may not choose to waive the deficient balance.  In some cases, lenders require an agreement of payments to pay the remaining balance.  It is also important to know that lenders of second mortgages and HELOC may also need to approve the short sale.  While most short sales are closing in under 6 months, second mortgages, negotiations and other delays may postpone closing for numerous months.

Know that short sales are happening across the country and you are not alone.  A Realtor with experience and expertise in short sales will streamline the process for you and be there for any questions or concerns that arise during or after the sale.

Contact Broker, Susan Carleton, to refer you to a Pointe South Short Sale Expert.

If you are in the process of a short sale and are looking for a long term rental, please contact Pointe South Residential Leasing.