STATS SHOW WATERFRONT NEIGHBORHOOD REBOUNDING
NEIGHBORHOOD SPECIALIST OF:
SEA PINES, HUDSON BEACH AND SEA RANCH
(see property stats below)
PROPERTY UPDATES FROM
July 3th, to August 4, 2011
LIVING BREATHING AND LOVING WATERFRONT PROPERTY!
WOW....Waterfront Sales have taken off and People are realizing that prices will not be this low along with the interest rates for a long time to come. Tracking our Water Front Property this month seems that Leisure Beach again led the way again! We had 2 properties that have been SOLD there in the Month July and the first part of Ausust! These Waterfront property went reasonable at $179,000 and $137,500. PRICES UP as in May through June the sales were $115,600 and $126,000!! Still a far cry from the 2005 prices but considerably up in price!!!
With that being said, we also had another sale in Sea Pines. This one sold for $245,000. The May though June Sale was at $145,000. UP AGAIN. However, at this time there are no further pending sales but, there are now 8 active listings!
At last writing there were 58 properties listed on the MLS that were For Sale! Now we are looking at a total of 45 in our area. This is making the inventory limited for that perfect home but still enough to search for a great purchase.
Asking price appear to have gone UP Now with the Highest asking price now at $499,999. to a low of $115,000. Which is up from Last writing. Mortgage rates are still at all time lows.
Out of the 5 sales that were generated last month between the 4 sub-divisions, there were 4 properties that sold for all cash and 1 that was purchased with a new conventional mortgage!
Mike Wells, Pasco County Property Appraiser said to be on the lookout for prices to start making the curve and head the other direction. At this particular time after looking at the stats I have to agree with him.
Distressed Sales are continuing to dominate the market place. There are many REO Homes, Foreclosures and Pre-Forclosure property available!
Don't forget about our FHA203K program. Get that house looking like brand new in 180 days or less after your purchase. You'de be surprised at what you'll find out and how this can help you get the home of your dreams!! And yes, you can use it for WaterFront Property!
Also if you're are thinking of purchasing a waterfront property, remember I work, live and sell in this area. I would love to help you find that perfect water front home. Maybe with a dock and a pool?But, if you’re thinking of selling, call me!
We’ll go over a personalized CMA of your home and I’ll give you my best advice as a Realtor in this area, as an ASP (Accredited Staging Professional) and of course as a Consultant. Ask me what you can do to get the best Return on your investment!
I look forward to meeting you soon.
Thanks for allowing me into your home!
Katie Creek
727-415-4669
AS OF 8/4/2011
CURRENTLY IN LEISURE BEACH THERE ARE:
6 ACTIVE LISTINGS
1 ACTIVE WITH CONTRACT or PENDING SALE
2 SOLD IN THE LAST 30 DAYS
PRICE RANGES ARE FROM $90,000.TO $172,500.
CURRENTLY IN HUDSON BEACH THERE ARE:
19 ACTIVE
3 ACTIVE WITH CONTRACT or PENDING SALE
1 SOLD IN THE LAST 30 DAYS
PRICE RANGES ARE FROM $299,000. TO $499,999.
CURRENTLY IN SEA RANCH THERE ARE:
12 ACTIVE LISTINGS
1 ACTIVE WITH CONTRACT or PENDING SALE
1 SOLD IN THE LAST 30 DAYS
PRICE RANGES ARE FRON $128,500. TO $349,900.
CURRENTLY IN SEA PINES THERE ARE:
8 ACTIVE LISTINGS
0 ACTIVE WITH CONTRACT or PENDING SALE
1 SOLD IN THE LAST 30 DAYS
PRICE RANGES ARE FROM $115,000. TO $340,000.
See WaterFront Property online at:
www.FL-WaterFrontProperty.com
Katie Creek-727-415-4669
Florida Luxury Realty