Condo Prices Down Big In February
As you can see in the chart above, prices for condos along the gulf coast were down 15% in February compared to last February
I have even more detailed condo stats below updated from UA
You can also see that there were far fewer sales and it's taking much
longer for these listings to go under contract from the
time they hit the market
Advice for sellers: be aggressive on pricing
Advice for buyers: now might be your moment
We are now moving into the spring market which is
traditionally very busy for us
I will keep you fully updated as always as we move through the year
Let me know if you have any questions