Praytor Realty

CONGRATULATIONS TO OUR TOP AGENTS

Sullins Arendall - Sales Agent

Lora Parnell - Listing Agent

HOME














Jamie Praytor
Tribute Page

Jamie Praytor
Humanitarian Award






 

Did You Miss Our Open Houses?
It's Not Too Late!
Call Us
251-344-7065


2605 Cumberland Dr
4bd/2.5ba An incredible value for the neighborhood! Beautifully landscaped home in sought after Cumberland. Stucco and brick, former parade home built by Twilley. Hardwood and ceramic tile throughout with carpeted bedrooms. Open split floorplan with great flow for entertaining..
Directions: West on Cottage Hill Rd from Cody. Left into Cumberland. House on left.
$239,000 - MLS#198782
Elaine Campbell 251-604-4941

826 Mae St
4bd/2ba
Nice home with lots of room. Huge Master Suite with walk-in closet. Master Bath includes double vanity, whirlpool tub, and stand up shower. Updated kitchen. Ceramic tile in all rooms except for 3 bedrooms. This property is a foreclosure sold "as-is" "where-is" with no warranties expressed or implied.
$149,900 - MLS#201752
Lora Parnell 251-656-7950

 

PRICES JUMP IN DECEMBER

SALES REMAIN SOLID

NUMBER OF HOMES ON MARKET DECLINE

  • 346 homes were sold in December versus 344 in November – Flat for the month and up 49.6% since January!
  • Average home prices rose sharply in December with the average price rising to $158,090 versus $148,841 in November- a 6% increase. Average sales price for the year $158,090.00.
  • The time it takes to sell a home rose 5 days to 91 days in December versus 86 in November- a 7% increase.  Average time for the year is 93.2.
  • Supply of available inventory remained the same in December. At the end of November there was a 15.66 months supply of homes, in December it was 15.20 – virtually unchanged. Average supply for the year is 14.17 months.

“After an unexpected drop in sales in November we were braced for the worst in December. However, sales remained firm and the average priced home spiked 6%. With the expanding use of the first time homebuyer tax credit average sale prices have been dropping since June. The credit was set to expire in November and was extended to 2010. We believe the extension took some of the steam out of the market allowing November closings to roll over to December. Following that logic through, December sales could have been artificially higher, couple this with a traditional seasonal drop in sales in January and we are forecasting January sales to be lower. The market remained under $200,000 in December with most areas sales remaining unchanged. Significant moving areas in December; Cottage Hill, Theodore and Montrose were notable on the downside, Central Baldwin, Gulf Shores and Springhill led the upside. Praytor Realty led all companies with listings sold in the Springhill area with Sullins Arendall leading our sales in December. National and local economic news continue to improve pointing towards a solid year in 2010. That having been said, unseasonably cold temperatures starting the new year coupled with a traditional seasonal drop in sales in January we are expecting 2010 to start soft and build forward.” Tommy Praytor, President, Praytor Realty, Co., Inc.





The Homebuyer Tax Credit has been Extended and Enhanced!
Click here for more details
Tax Credit Info


 

 

Did You Miss Our Open House?
It's Not Too Late!
Call Today 251-344-7065


 




 

 

 


 

 

 




 

 

 

Grazr
Grazr

 

Send mail to praytorrealty@aol.com with questions or comments about this web site.
Copyright © 2006 Praytor Realty, Co. Inc.
Last modified: January 07, 2010