Spring time is upon us and Caribe The Resort is moving at full steam with a lot of activity. If you want to keep track of the real estate market in Caribe you'll be able to find that right here. Here you'll find market data for condos that are currently on the market as well as all of the condos that have sold within the last 60 days.
For Sale
Caribe is one of the hottest condo communities on the Alabama coast (very popular among buyers and tourists) and is one of just a few communities that has a tremendous amenity package.
As you can see in the infographic above there are 18 condos that are for sale but don't let that bother you. There are 3 towers at Caribe containing about 200 condos each. While Caribe draws tourists, this community could also work well for 2nd home owners and full time residents.
The highest priced condo in Caribe is $799,000 and the lowest priced is $449,000. Square footage ranges between 2,380 and 1,401. For condos that are for sale, the average price per square foot is $310 with an average time on the market of 143 days.
Go to this link to find a lot more information about Caribe The Resort Condos for Sale. There you will see much more detail about amenities, details about the condo community, and condos that are for sale.
Condos Sold
In the last 60 days, 11 buyers paid an average of $560,363 for a condo in Caribe The Resort. I think that's incredible and it shows that the buyer confidence in Caribe is high. Buyers are confident about the market as well as the ability to attract tourism dollars from this condo community.
During this time, the highest priced condo was $777,000 and the lowest priced was $470,000. These condos ranged in square feet from 2,380 to 1,602. These 11 condos sold at an average of $299 per square foot and were on the market for an average of 155 days.
Do you have a condo in Caribe that you want to sell? Call me.....
Jeff Nelson
IXL Real Estate – Eastern Shore
251-654-2523
jeff@livegulfshoreslocal.com
