Last Year: 2006 4th Quarter Sales
(properties placed under contract) up 31% over 2005.  

   

This trend supports the opinion of many experts including a writer for “wave strength market report” who in his 1/3/07 report asks, “Is real estate done?  Naaaah.  I’ve been telling readers for months now:  it’s the opportunity of the decade” 

 

I am also pleased to report that the Agencies rental numbers are up around 15% over 2006 and encourage any owners considering renting to get in touch with us soon while the activity is strong.
 
You heard it here first…  I am proud to have been selected to represent the owners in the sale of 558 Berkley Road, Stone Harbor, which is perhaps the Islands finest bayfront example.  The property will not be officially listed or widely marketed until spring however, I will send you a “Sneak Peek” by email and a full color brochure will be available as well.  (let me know if you would like one)  At $10,500,000 this special property is truly the islands flagship offering.
 
Speaking of high-end properties:  Avalon Real Estate Agency continued its leadership in island market share for the following categories in 2006.

Beach Front:  Sales and listings sold (with 53% compared to 17%
       for # 2 Agency)

 
Sales over $3,000,000

 
Sales and listings sold over $4,000,000

 
Beach block sales
 

P.S.  If you didn’t receive my summer newsletter by mail and would like to, let me know.
It is also available on line.