Beth Mandal
Mississippi Coastal REALTOR®

(228) 206-7080

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You are here: Home / Mississippi Gulf Coast Real Estate Blog / Real Estate Price Stabilization

Real Estate Price Stabilization

March 26, 2012 by admin Leave a Comment

Real Estate Price Stabilization – Beach front condo pricing along the Ms Gulf Coast seem to have stabilized and may just be heading up. As I’m showing buyers units, I’ve notice there are fewer properties to look at, many are at higher pricing than in the past.

Last year at this time, I was able to show several units of the same floor plan in various places within a building. Now, I’m showing a limited selection of available units in a single building and finding a blow out deal is becoming near impossible.

I’m talking about the deals for $125 a square foot. Competition among buyers is picking up and helping to drive up the prices. There have actually been a few sales in the market in the $180 a square foot range. We haven’t seen that price since 2007!

With only have 5 high rise beach front buildings in the Gulfport or Biloxi area, if you are thinking about a beach front condo on the MS Gulf Coast , I wouldn’t put it off. If you would like to be updated on what’s available just give me a call or shoot me an email. I’m here to help.

Update! Written in Feb 2016

Looking back on this post, I sure called the Real Estate Price Stabilization and the move for increased pricing.  Our beachfront condo supplies are to an all time low, which is driving the prices up.  If you would like details please subscribe to my quarterly newsletter “The Condo Insider.”

Also, if you are thinking about selling your condo, or waterfront home, please contact me.  I provide the most professional marketing campaign on the coast, for sales.  If you would like to rent your Condo out for extended terms or short term rental I can assist you with the process.

Thank you.

 

 

 

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Beth Mandal, Broker

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Mandal Preferred, Inc.

2550 Marshall Rd. Suite 100-A
Biloxi, MS 39531

(228) 206-7080
Contact Beth

Beth Mandal, Broker

logoWelcome to Mississippi Gulf Coast Real Estate and Mandal Preferred, Inc., REALTORS©. A full-service real estate brokerage specializing in Beach Condos for Sale in Biloxi.  Decades of experience in all real estate transactions including waterfront listings, luxury residential homes, land and commercial investments.  Servicing the Ms Gulf Coast in the cities of  Gulfport, Biloxi, Long Beach, Pass Christian, and Ocean Springs, MS. … Meet The Team

Beth Mandal

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