Wednesday, December 3, 2008

Half Price Sale On Beach Real Estate

It's amazing what has happened to the value of property At The Beach here in South Walton County, Florida. Prices are off across the board and on some condos they have dropped more than 50% from their peak in 2005.

For example, the average sell price of a one bedroom condo at Majestic Sun in 2005 was $523,356. Fast forward to 2008 and the recent sales prices for one bedroom condos in the building have dropped to $200,000!





This is definately bad news for people looking to sell, but it is great news for those who were priced out of the market a couple of years ago. To see the many great deals to be had on real estate at the beach including short sales and foreclosures, go to the At The Beach Florida web site.


The Moran Team
Keller Williams Realty Emerald Coast
http://www.atthebeachfl.com/

1 comment:

Anonymous said...

Though it bed news for real estate seller that price of real estate has come down. But it is good chance to buyer to take some initiative and do some investments in real estate market.Thanks for sharing.


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