Wiregrass Alabama
October 2008 Market Recap Report
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The 2008 year is quickly coming to and end. This year sure proved to be a roller coaster ride for the housing industry. Below you will find the October 2008 Wiregrass Real Estate Market Activity for the Enterprise Alabama, Fort Rucker & surrounding area. In this edition, I will include a month to month comparison highlighting the housing trends since January 2008. The housing market is rapidly changing, so check back often to stay informed or you can subscribe to the monthly Market Report for the Ft. Rucker, Enterprise and Wiregrass area.
Information source Wiregrass Board of Realtors® MLS (WBMLS)
ONLY RECORDED DATA IN THE MLS
IS INCLUDED IN INFORMATION BELOW
During the month of October there was 132 homes listed (145 last month) in the Wiregrass MLS. The average list price was $169,720 compared to last months $163,654. Single family homes accounted for 109 of those listings, 19 were town houses, 1 Duplex and 3 were manufactured (mobile) homes. The Wiregrass MLS (WBMLS) total Dollar Volume for new listings in the month of October was $22,402,981.
Single family homes average listing price was $180,137 and a median price of $158,400.
During October 2008 - homes in the Enterprise AL and the Wiregrass surrounding area had an average sold price of $141,265 (up from last month’s $123,549) with a median price of $131,175, based on the Wiregrass MLS (Multiple Listing Service). The total Dollar Volume of $10,171,299 reflected homes sold (actually went to closing)during the month of October 2008 in the Wiregrass area compared to September's Dollar Volume of $9,019,100.
October 2008 yielded 72 homes sold, not far off from the 73 homes sold in September. When homes go to closing, ownership changes hands and the new owners are listed on the tax records, which are recorded at the Coffee County Courthouse in Enterprise or the Dale County Courthouse in Ozark.
The Average days on the market (DOM) for the month of October 2008 was 134 days compared to 128 in September of 2008.
Current Conditions as of November 18, 2008:
Active listings: 813 Pending Listings: 89 Subject to leases: 24
Active listings are homes listed on Wiregrass MLSthat are on sale in the Enterprise, Daleville, Ozark, New Brockton, Clayhatchee, Fort Rucker, Elba and surrounding areas. Pending listingsare homes that have a contract or offer that has not been completed and changed possessions. It is possible that homes that are pending in the Wiregrass MLS may come back on to the market for sale. Homes, town houses and mobile homes that are subject to lease are currently being occupied by tenants and are typically marketed to investors. However, a careful review of when the lease is due to end may result in the listing being ready for owner occupancy.
The Absorption rate in the Enterprise / Fort Rucker and the surrounding area is 50 weeks or approximately 12 months of inventory if the current conditions remain unchanged and continue to sell at 17 homes per week.
An absorption rate is the ability of the real estate market to sell off all of the houses that are for sale in Enterprise / Fort Rucker and the surrounding area of Coffee and Dale County.
"Statistics not compiled or published by WBMLS."
Equal Opportunity Housing
All information deemed reliable, but not guaranteed
Selling a home in the Enterprise / Fort Rucker Wiregrass area? The Wiregrass Market Report published by Fort Rucker Relocation Specialist, can help you understand the market trends in the area. In addition, request a FREE Market Analysis for your home selling process by calling Michelle at 334-237-2657.
On PCS orders to the Fort Rucker area and considering buying a home in the Fort Rucker area? Contact Michelle Tucker, FT Rucker Relocation Specialist, to help you prepare for you military move to the FT Rucker area. You may also request to be put on the FT Rucker Rental Homes weekly mailing list.
Authored by: Michelle Tucker
Pictures Courtesy: flickr
Original Post: www.activerain.com
All Rights Reserved. Copy Right 2008. Michelle Tucker
Fort Rucker Real Estate Relocation Blog
Wiregrass / Enterprise AL / Daleville AL / Ozark AL / Fort Rucker
Enterprise AL Real Estate / Daleville AL Real Estate / Fort Rucker Real Estate
Real Estate Market Report / Housing Market Report / Inventory Market Report
Fort Rucker Relocation / Military Spouse Relocation Specialist / Military PCS Move
Home buyers / Home Sellers / Buying & Selling
Michelle Tucker - Realty World SHAP
Fort Rucker Real Estate Relocation Blog
Licensed Realtor in Alabama
Authored by: Michelle Tucker
Original post: www.activerain.com
WHAT:
The 17th Annual Fort Rucker Chili 5k Run & Cook off will be held on Saturday November 1st at Howze Field on FT Rucker.
FT Rucker Chili 5k History:
CHILI TASTERS HOW TO:
Authored by - Michelle Tucker - Fort Rucker Relocation Real Estate Blog
Original Post - www.activerain.com
SEPTEMBER 2008 MARKET REPORT FOR THE WIREGRASS AREA
(including Enterprise, Fort Rucker area, Daleville, Ozark, New Brockton)
Relocating to the FT Rucker or Enterprise area? Will you and your family be buying a home? Starting your search and obtaining as much information you can about the local area is highly recommended. Your search information should not be limited to what is for sale and local places to visit, but should also include an understanding of the market condition, what the housing market has been doing and to determine where the housing market is heading.
Are you relocating out of the Fort Rucker area? Will you need to sell your home in the Enterprise Alabama area? The following housing market statistics will help you price your home properly and guide you on how long it will take to sell your home.
Publishing a monthly market report for the local Real Estate area is a FREE service I provide for the convenience of knowing the market conditions for the Fort Rucker, Enterprise Alabama and the Wiregrass area. Subscribe to the monthly market report to stay informed on the housing inventory trends for the local area (homes for sale and homes sold).
Information source Wiregrass Board of Realtors® MLS (WBMLS)
ONLY RECORDED DATA IN THE WIREGRASS BOARD MLS
HAS BEEN INCLUDED IN INFORMATION BELOW
(For Sale by Owners are usually not included in the MLS data, therefore For Sale by Owners information is not included in the report)
*DOM = Days on Market
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Sept. |
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Active Listings |
145 |
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Listing Dollar Volume |
$23,729,822 |
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Average List Price |
$163,654 |
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Median List Price |
$149,000 |
In the month of September, the total homes for sale that were entered into the Wiregrass Board MLS was 145 homes. 125 of these homes were single family homes for sale and the average list price was $174,645. 17 Town homes were listed for sale in the Enterprise and surrounding area. The average list price for townhomes for sale was $94,900. There was 1 garden home listed for sale and 2 manufactured homes listed for sale.
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SOLD |
September |
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Listings Sold |
73 |
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Sold Dollar Volume |
$9,019,100 |
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Average Sold Price |
$123,549 |
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Median Sold Price |
$113,000 |
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Average DOM |
128 |
In the Wiregrass area that was 62 single family homes sold in the month of September and the average selling price was $129,131 taking an average of 133 days. 19 town homes were sold at an average selling price of $99,111 with an average 81 days to sell. One of each, garden and manufactured homes were sold in the Wiregrass MLS.
CURRENT CONDITIONS AS OF
October 24, 2008
Acitve Listings: 811 Pending Listings: 91 Subject to lease: 21
The Absorption rate in the Enterprise / Fort Rucker and the surrounding Wiregrass area is 47 weeks or approximately 11 months of inventory if the current conditions remain unchanged and continue to sell at 17 homes/units per week. The absorption rate in Auguts 2008 was 52 weeks, averaging 15 homes/unit sold per week.
An absorption rate is the ability of the real estate market to sell off all of the houses that are for sale in Enterprise / Fort Rucker and the surrounding area of Coffee and Dale County also known as the Wiregrass area.
The Definition of Absorption Rate:
Number of weeks it takes to sell the current inventory at the present rate of sales.
WHAT TYPE OF MARKET ARE WE IN?
Normal Market - Between 5 and 6 months of inventory.
Seller's Market - Between 1 and 4 months of inventory.
Buyer's Market - 7 months and higher.
"Statistics not compiled or published by WBMLS"
Equal Opportunity Housing
All information deemed reliable, but not guaranteed
Links to previous housing market reports:
August 2008 Fort Rucker area / Enterprise / Wiregrass Housing Market Report
July 2008 Fort Rucker area / Enterprise Market Report
June 2008 Fort Rucker area / Enterprise area Market Report
May 2008 Fort Rucker area / Enterprise / Wiregrass area Market Report
COPYRIGHT© 2008 All Rights Reserved – Michelle Tucker
Selling your home in the Enterprise AL area? Do you need assistance with determining the value of your home? Feel free to contact Michelle Tucker by phone at 334-237-2657 and request your FREE Market Analysis with NO OBLIGATIONS.
Are you relocating to the Fort Rucker / Enterprise area? As a Military Spouse Relocation Specialist let Michelle Tucker be your sponsor and help you find your next home for sale or rental home in the FT Rucker area! Contact Michelle Tucker to discuss your future plans, request a free relocation package for the FT Rucker area and to set you up on an email campaign to receive the hot new listings for the Fort Rucker / Enterprise Real Estate Market.
Enterprise Real Estate / Daleville Real Estate / Ozark Real Estate
New Brockton / Hartford / Geneva / Newton
Enterprise AL / Fort Rucker Real Estate / Daleville AL
Proudly Serving US Army Fort Rucker
Fort Rucker Relocation / Fort Rucker area homes for sale / Fort Rucker PCS move
Coffee County / Dale County / Wiregrass
Housing Market Report / Market History / Market Statistics
Michelle Tucker / Realty World – SHAP
Fort Rucker Real Estate Relocation Blog
Licensed Realtor in Enterprise Alabama
Picerne Military Housing on Fort Rucker hosted the Fall Festival to residents living on-post. Fall brings crisp cold mornings, blue skies and the changing colors of the leaves on Fort Rucker.
The Fort Rucker Fall Festival was held on Saturday October 18th. Residents living in on-post housing and military families in the surrounding Enterprise, Alabama area arrived at Bowden Terrace Neighborhood office on Division Street around 9 am. The sun was shining in the blue skies and a crisp chilly wind kept the fall festival goers cool.
Larry's BBQ from Daleville & Enterprise provided food for the event. Larry's BBQ signature pulled pork, chicken fingers and baked beans were offered at the fall festival on FT Rucker. FT Rucker MWR sponsored local vendors who were serving cotton candy, funnel cake and sno-cones.
A DJ provided music as the children enjoyed jumping around the carnival inflatables, pumpkin-putt, face painting, scare crow stuffing station, halloween cake walk and munching on some popcorn. FT Rucker MWR also sponsored the hayride. Residents living on post, were able to enter a pumpkin carving contest.
The Fall Festival event on Fort Rucker was a great way to celebrate the new season. Picerne Military Housing did an outstanding jo
b organizing the event. Thank you to all the supporters of the event and the military families who made the Fort Rucker Fall Festival a huge success.
Author: Michelle Tucker - Fort Rucker Real Estate Relocation Blog
Pictures Courtesy: flickr
Original post: www.activerain.com
PCSing / Relocating to the FT Rucker or Enterprise area? Contact Michelle Tucker your Fort Rucker Military Relocation Specialist and request a FREE Fort Rucker Relocation Packet.
Home owners and home buyers in the Fort Rucker / Enterprise AL area : Selling or buying a home in the Enterprise AL area? Contact Michelle Tucker @ 334-237-2657 and see if you qualify for a FREE Home Warranty*.
*Offer expires November 31, 2008. Value on Old Republic Home Warranty Protection Plan is upto $450.00. Contact Michelle Tucker for full details.
Fort Rucker Fall Festival / Fort Rucker Picerne Military Houisng
Fort Rucker MWR / Fort Rucker Relocation / Fort Rucker PCS Military Move
Coffee County / Dale County / Enteprise Alabama
Military Relocation Specialist
Michelle Tucker - Realty World SHAP
Fort Rucker Real Estate Relocation Blog
Licensed Alabama Realtor
While living in the Fort Rucker / Enterprise Alabama area there are many day trips to take on the weekends. During the FT Rucker Elementary School Fall Break, we took a trip to Destin Florida. The total miles from Fort Rucker was about 105 miles. Heading south on Hwy 27 we drove through Clayhatchee & Geneva Alabama. Passing the Florida state line and headed for the sandy beaches we passed through De Funiak Springs, Rock Hill, Freeport, Santa Rosa Beach and finally the destination of Destin Florida.
Spending the day at Beasley Park in Okaloosa County, we enjoyed the gentle breeze the ocean brought onto shore. The skies were overcast and I was able to get some interesting pictures of the clouds passing us by. The seagulls came in masses as we feed them the extra bread we brought along. After a fun filled day of swimming, jumping the waves and sand castle building we drove down to the board walk. The cost was $1.00 to access the boardwalk. We watched as the sun set in the horizon.
Driving along Hwy 98 we ventured to Fort Walton Beach. We were too late for access into the Temple Mounds Historic Site, but we did stop to take pictures.
Before heading out on a roadtrip I always check out roadside american and try to visit one of the off the wall landmarks. Fort Walton Beach brought our adventures to the Maytag Repairman. The Maytag Repairman statue is located on top of Andrews Cooling, Heating & Appliances in Fort Walton Florida.
I would also like to share a picture of the Mystery Machine we saw while in Fort Walton Florida.
author: Michelle Tucker
original post: www.activerain.com
pictures courtesy: www.flickr.com
Fort Rucker Day Trips / Fort Rucker Relocation / Fort Rucker Vacation Spots
Destin Florida / Fort Walton Florida / Beaches of Florida
Maytag Repair Man / Mystery Machine / Temple Mounds Historic Site
Michelle Tucker - Realty World SHAP
Fort Rucker Real Estate Relocation Blog
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Hunter Army Airfield (HAAF) & Fort Stewart Military Relocation Specialist. Homebuying and home selling in the Savannah area made easy!
Welcome to FORT RUCKER
Fort Rucker is centrally located between Enterprise, Daleville and Ozark ALABAMA. A short drive south on HWY 231 you will be in Dothan, AL. Dale County and Coffee County are located in the Beautiful Wiregrass Community in the State of Alabama.
The Fort Rucker / Enterprise area offers some of the best views of helicopters. Ft. Rucker is home of the US Army Aviation and the Army Aviation Museum. A favorite with military retirees, the small towns of Ozark and Enterprise combine exceptionally low home prices with quality living.
Enterprise AL Real Estate / Fort Rucker AL Real Estate / Coffee County
Proudly Serving Ft Rucker - Enterprise - Daleville - Ozark
Michelle Tucker / Realty World / Southern Homes & Properites LLC
I was raised in Port Orchard, WA in the Great Northwest and attended South Kitsap High School. Moving on to Tacoma is where I met my husband who was in the United States Army stationed at Fort Lewis. Military Permanent Change of Duty Station (PCS) orders took us on a world wide adventure.
Stationed at Fort Gordon in Augusta GA, we decided to take a leap and get a piece of the American Dream - Homeownership. The process from start to finish was full of questions and uncertainties. After the closing I could not stop thinking "what did we just sign." A few months later I enrolled for the Real Estate course with Meybohm Real Estate Institute. A year after passing the state exam, I decided I wanted to help first time home buyers understand the process and educate them on the biggest purchase they will make. I placed my license with Blanchard & Calhoun Real Estate Co. in South Augusta where I received top notch training and unforgettable mentoring. Thank you Linda Squarcette and Caroline Hampton.
Being an US Army spouse for 10 years, I understand the demands of a military PCS move. If you are not assigned a sponsor or they fail to provide you with the information you need or desire. Call Michelle Tucker and request your FREE FT RUCKER RELOCATION PACKET and get first hand knowledge of the Fort Rucker, Enterprise, Daleville, Ozark, New Brockton, Elba and surrounding Wiregrass area.
Ask me about my "FREE - No Obligation Guarantee"
"Thank you for educating us and helping us to understand our first home purchase. Your patience and dedication will never be forgotten. When we think Real Estate - we will think of Michelle Tucker, NO MATTER WHERE YOU ARE. We hope others get the chance to work with you at your next duty station." AnnaMaria & Joseph Gibbs - Grovetown, GA.
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My name is Tina Bovier and I am writing this letter to provide any future home buyers or sellers a testimonial to my personal experience with Michelle M. Tucker as my Realtor. I had fallen on hard times as many others have in this housing market. In July of 2006, I decided to put may house on the market with the first company I picked out of the phonebook without much research. I signed a contract for six months.
In six months time, my agent did not show my house not once! Around the first of January 2007, I was notified that both mortgages had intended to foreclose. I had resolved myself to this fact and began vacating the premises. I had known Michelle for about three years prior and she convinced me to let her have a try at selling my house.
She worked tirelessly and relentlessly. She made suggestions on how better to present the property, (i.e. trimming trees and bushes that concealed the entrance way). She took many pictures to best represent my home in the listing. I truly believe she is a miracle worker because by January 28, 2007, she had found an interested couple who almost immediately signed a purchase agreement. The successful sale of my house and property closed on March 6, 2007. This was approximately six days before it was to be auctioned of at the Richmond County Courthouse. I celebrated! Michelle is a good person, an excellent Realtor, and my friend. If you and your family are interested in buying or selling a home, please ask me about Michelle M. Tucker. I would be more than happy to answer any questions you may have. My email address is tboiver@aug.edu.
Tina Bovier - Augusta, GA
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I did nothing more than my job and was happy to help you and the Slagles in finding what they needed and really, a happy and content customer is more than I can ever ask for, but to get a happy and content colleague, that is more than I deserve. You know, you will always have someone that will help you in this area.
Thank you for your support on your end and I would be more than happy to help with any other customers you have coming to Ft. Campbell area. I am very humbled by your comments and have no idea how to thank you!
Thanks again and really, THANK YOU for your kind words!
Meli Gerogianis - Keller Williams Realty
2271 Wilma Rudolph Blvd
Cell: 931-378-9601
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