A couple of new sales have taken place during the month and both are of San Salvador apartments. At present they are pending with closings either in November or December. There are still two other San Salvador apartments where closing appears to have been delayed for whatever reason which I have reported on before. I shall continue to keep a watch on these and report again next month.

These sales have been replaced by additional apartments being listed and there are now 27 listings on the Multiple Listing Service from which this information is extracted. There are 4 San Salvador's listed between $118,500.00 and $215,000.00, 5 Andros at between $129,000.00 and $164,950.00, 14 Abacos between $124,500.00 and $250,000.00 and lastly 4 Gran Bahama apartments at between $169,950.00 and $229,000.00.

The new sales are encouraging but I would have expected this as now is a good time for sales prior to the upcoming holidays when I suspect things may quieten off again pending what we all hope will be a better year.

Bahama Bay is a prestigious Resort and the above listed apartments offer a good cross section of availability across the board. Do not hesitate to call or email if you feel I can be of help with advice or to act in a sale or purchase.

Properties have been listed and sold by various MLS participants and were taken from the Orlando MLS for 27th October 2008.

Phil Salmon A.C.I.B.

Realtor,

Pegasus Group International, Inc.

PO Box 781941, Orlando,

Florida, 32878 - 1941.

Tel :- 1 407 931 3441.

E-Mail :- ps@1pra.com