Archive for June, 2010

FAIRHOPE, ALABAMA’S FOURTH OF JULY FESTIVAL AND FIREWORKS DISPLAY

June 29, 2010

The City of Fairhope will host its annual Fourth of July Festival and Fireworks display, again this year, in Henry George Park and at the Fairhope Municipal Pier and beach front parks.

The Baldwin Pops Band Independence Day Concert will begin at 7:30 p.m. in Henry George Park. The mayor will give a brief welcome at 7:15 followed by a variety of patriotic music that will be played before and during the fireworks display. The Fairhope fireworks display, coordinated by the Fairhope Volunteer Fire Department, will begin at approximately 9 p.m.

The north end of Fairhope Municipal Park will be open throughout the day and will remain open until no parking is available. The south end of the beach front park and Knoll Park will be available to spectators. Handicap parking will be available near the fountain but will be limited. The top of the bay hill will close to traffic at approximately 6 pm, depending upon availability of parking and the crowd or when the Fairhope Police Department deem it necessary for the safety of pedestrians.  Those who wish to park in the handicap area should arrive early and plan to stay until the fireworks are over. Following the fireworks, all traffic will be routed out Fairhope Avenue to Greeno (U.S. 98) where you will be able to turn north, south or continue east.  Officers will be at all traffic lights to assist with traffic flow.

WABF 1220 AM will be broadcasting the Baldwin Pops concert live for those who are not able to make it down for the concert.  Also, those who sit on the bay front bluffs for the fireworks should bring their battery powered radio and tune it to WABF 1220 AM for better sound.

This is a family friendly event and no alcoholic beverages are allowed in the park or on the municipal beach area. For more information on Fairhope’s Fourth of July Festival and Fireworks display call 929-1466.

If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

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Great Price on Four Bedroom Creole in Spanish Fort Estates, Spanish Fort, AL

June 28, 2010
Great Price on Four Bedroom Creole in Spanish Fort Estates FRG.gif
Artillery Range

828 Artillery Range Rd.
Now Offered at $275,000
Classic Creole home on a large, wooded lot in Spanish Fort Estates.  This large home has lots of storage, an oversized two-car garage and a large patio.  Beautiful, hardwood, cherry floors, wood-burning fireplace and so much more.  This is going to be a great deal for the right buyer.  Please call for showing instructions.
CONTACT US
Terryl Reeves

Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-209-7484       251-990-8838

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at http://www.FairhopeRealtyGroup.com.

CARIBE SAVINGS, ORANGE BEACH, AL – 20% OFF ALREADY LOW RATES

June 24, 2010
Strat Glen MainStrat Glen Main
CARIBE SAVINGS
20% OFF ALREADY LOW RATES
Hello fellow Realtors, I hope you’re having a great 2010.  My wife Stephanie and I would like to offer you a special “Realtor Discount” on renting our personal unit at Caribe in for the rest of 2010.  Caribe manages this property, but we’re trying to boost occupancy by offering discounts to friends and colleagues.  The attached VRBO listing page has our listed rates, which are already very competitive.  We’re offering an additional 20% off of those rates for local Realtors for any available dates in 2010.

Click here to see the VRBO listing.

Click here to see the Virtual Tour.

In addition, we’ll throw in an extra day for free if you refer someone to rent our unit for a week (if they rent for less than a week, we’ll work out something, too).  So please tell your friends and family.  Feel free to call or email me directly with any questions  or if you’d like to book the unit.
Sincerely,

Terryl Reeves
Fairhope Realty Group, LLC
251-209-7484
Terryl@FairhopeRealtyGroup.com
http://www.FairhopeRealtyGroup.com

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at http://www.FairhopeRealtyGroup.com.

Great Deal on Beautiful Home in Timbercreek Subdivision of Daphne!!

June 23, 2010
Great Deal on Beautiful Home in Timbercreek Subdivision of Daphne!! FRG.gif
Pine Run  front

7878 Pine Run
Now Offered at $429,900
Beautifully maintained home in sought-after Timbercreek. This home is loaded with extras from custom, furniture-style cabinets, granite, distressed hardwood and tile floors, stainless appliances and heavy molding package. Enjoy the large closets, butler’s pantry with wine cooler, open back porch and landscaped lot. This seller is motivated.  This home is priced to move so please call for an appointment.
CONTACT US
Terryl Reeves

Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-209-7484       251-990-8838

Great price on Beautiful Golf Course Home in Scenic Point Clear Stables, Fairhope, AL

June 22, 2010
Great price on Beautiful Golf Course Home in Scenic Point Clear Stables FRG.gif
Hitching  Post Cir

17696 Hitching Post Circle
Point Clear Stables
Now Offered at $465,000
Beautiful golf course home near Point Clear in Fairhope. Classically appointed with heavy moldings, custom cabinets and gorgeous hardwood and tile floors. Split floor plan with oversized garage and bonus room upstairs. Glamour master bath and gourmet kitchen w/stainless appliances. Near downtown Fairhope and the Grand Hotel and priced to sell quickly – don’t miss this one.
CONTACT US
Terryl Reeves

Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-209-7484       251-990-8838

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at http://www.FairhopeRealtyGroup.com.

3 Premier Bay Front Lots on Hwy 1, Fairhope, AL – Sellers say “Bring an Offer!”

June 16, 2010
3 Premier Bay Front Lots on Hwy 1
Sellers say “Bring an Offer!”
FRG.gif
If you have a client looking for an incredible water front deal – consider this.  I have one client who has two contiguous parcels 69’X470′ and 72’X520′ for a total of 141′ on Mobile Bay that he just dropped to $629,000.  He is motivated to move these lots and will consider owner financing.  An additional contiguous 109’X520′ is also negotiable making nearly 3 acres and 250′ on the bay, over 500′ deep –  truly a rare find.  Just think of the possibilities!  In addition, I have another 75’X138′ lot for sale for $325,000.

Bella Luna Sunset

If you have an interested party, please give me a call or drop me an email.  Click here for more details.

CONTACT US
Terryl Reeves

Broker – Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-990-8838 – 251-209-7484

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at http://www.FairhopeRealtyGroup.com.

Price Drop on Estate Lot in Rock Creek in Fairhope, AL

June 16, 2010
Price Drop on Estate Lot in Rock Creek
Seller is Motivated
FRG.gif
This 1.3 acre lot is heavily wooded and sits on the cul-de-sac at the end of Augusta Court in the prestigious Estate Division of Rock Creek in Fairhope.  The seller just dropped the price by $30,000 and is motivated to sell.  If you have an interested client, tell them not to by shy with an offer.
Offered at $150,000

Augusta  Ct. Aerial

If you have an interested party, please give me a call or drop me an email.
Click here for more details.
CONTACT US
Terryl Reeves

Broker – Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-990-8838 – 251-209-7484

As always, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.
You can also visit my web-site and search the MLS on your own at http://www.FairhopeRealtyGroup.com.

May Beach Condo Sales for Baldwin County, AL

June 14, 2010

Total condo sales for Orange beach and Gulf Shores, both beach side and non-beach side, were 86 (median prices of $196/sf).  This is down compared to last May when we sold 93 units (median prices were $245/sf).

Of the 86 units sold last month, 41 (48%) were closed for $200K or less (median $148/sf).  In 2009, 26% of sales were in this range at $155/sf median price.

36 units sold were between $200-$400K (42% – median $236/sf); compared with 56% last year at $250/sf median price.

Over $400K, this May we had 9 units sold (10%- median prices $264/sf) compared to May 2009 with 18% for $261/sf.

YTD condo sales in Orange Beach and Gulf Shores at the end of May were at 417 units with median sales prices of $199/sf.  That’s an increase of 17% in total sales from the 347 sold by this time last year – but median prices have dropped 18% from $243/sf last year.

So what do these numbers tell us?  Sales are up at the beach and prices are down.  Time will tell how we’re effected by this oil slick in the Gulf – most likely prices will fall even more and I expect sales to slow.  In short – if you’re in the market for a condo at the beach – now could be the time to make a great deal.

If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

Huge Lot with Quaint Cottage on the Banks of Scenic Fly Creek in Fairhope, AL

June 11, 2010
Huge Lot with Quaint Cottage on the Banks of Scenic Fly Creek in Fairhope FRG.gif
Sea Cliff Main

22312 Sea Cliff Dr.
on Scenic Fly Creek
Offered at $395,000
(Nearly $100K Under Tax Appraisal)

Large lot on the banks of Scenic Fly creek in Fairhope priced to move. This charming cottage is positioned near the creek, allowing for the construction of another, larger home on the property.  This part of the creek has been dredged and is over 4′ deep.  The lot also has a bulk-headed inlet from the creek to store a boat.  If you have a client that may be interested in this unique property, please call me for an appointment to show.
CONTACT US
Terryl Reeves

Broker – Fairhope Realty Group, LLC
11 N. Section St.
Fairhope, AL 36532
251-990-8838 – 251-209-7484
If you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.

May Sales for Daphne, Montrose and Spanish Ft. AL

June 10, 2010

June 10, 2010

In May, the Baldwin County MLS shows that 57 single family homes were sold in Daphne, Montrose and Spanish Ft. with a median price of $90/sf.  That’s up slightly from 51 sales in May  of 2009 at $96/sf.

Here’s how the sales broke down:

$200K and Under = 35 sales (61%) median price $78/sf (compared to 43% last May with median price = $94/sf)

$200-$400K = 20 sales (35%) median price $97/sf (compared to 53% last May at $96/sf)

$400K and Up = 2 sales (4%) median price $138/sf (compared to 4% last year at $136/sf)

Year to Date sales for the area are 259 with median price at $92/sf (compared to 2009 YTD through May when we had 190 sales with a median also of $94/sf)

A breakdown of YTD sale for Daphne, Montrose and Spanish Ft. are as follows with percent of total sales and median price per range:

Range                    2009               2010
<$200K           50%-$88/sf      59% – $81/sf
$200-$400K    45%-$96/sf      36% – $100/sf
>$400K             5%-$142/sf    5% – $141/sf

Based on these numbers, this area of Baldwin County seems to be rebounding pretty well with an increase in total sales of around 27% in total sales and a not much change in median prices over the past year.

If you’d like an analysis like this done for a specific neighborhood or town in Baldwin County, AL, please feel free to call or email me and I’ll be glad to put one together for you.

Also, if you’d like more information on the Fairhope, Orange Beach, Gulf Shores, Daphne or Baldwin County  markets, or on specific properties down here, feel free to email me at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

You can also visit my web-site and search the MLS on your own at www.FairhopeRealtyGroup.com.