MARKET UPDATE TO DECEMBER 9, 2013

Statistics as reported by the MyFloridaRegional MLS to December 9, 2013

Homes available for sale: 4

Price range : $174,900 to $224,900
Average asking price: $ 193,675
Average price per square foot: $ 114.77
Type of transaction: One bank-owned, one normal (sold by a person or a corporation), one short sale.

Homes with an accepted a contract, not yet closed:  1

Price: $ 189.900
Price per square foot: $ 123.63
Type of transaction:  short sale.
 
Homes sold from December 9, 2012 to December 9, 2013 :  9
Price range from $ 165,000 to $ 245,000
Average price of home sold: $ 194,433
Average price per sq. ft. sold $ 109.08
Average days in the market: 18
Bank owned sold: 2
Short sales sold: 0
Normal: 7

Homes sold from December 9, 2011 to December 9, 2012: 10
Price range from $ 120,000 to $ 187,500
Average price of home sold: $ 151,333
Average price per sq. ft. sold: $ 86.26
Average days in the market: 25
Bank owned sold: 3
Short sales sold: 6
Normal: 1

Last 6 months:
Conditions have improved tremendously.
Number of houses sold: 6 - Out of 9 sold in the last 12 month.
Price range of houses sold:  from $165,000 to $245,000
Average price per sq. ft. $ 111.80, compared to $ 109.08 of the last 12 months.
Average price per home sold: $ 201,483, compared to $ 194,433 of the last 12 months.
Average days in the market: 15, compared to 17 of the last 18 months.

Increase in average price of homes sold year over year: 28.5%, a fabulous improvement.
Increase in average price per sq. ft. sold year over year:  26.5%, also a significant increase.

Inventory is extremely low, very few houses offered in the market. The number of distressed sales is tailing off as time progresses:  December 2011 to 2012 it was 90%, 2012 to 2013 same period it was 22%.  67% of houses sold in the last 12 months took place in the last 6 months which shows owners are now more willing to sell to take advantage of better prices.

First time buyers, because of still affordable prices and relatively low interest rates, and investors, most of them paying cash, are the main source of demand.

Conditions are given to sell your house at an attractive price and in a relatively short time. This is a good time to put your house on sale.

This is the activity taking place in the last twelve months:

	Address	List Price	Sold Price	Sq. Ft.	LP/SqFt	SP/SqFt
FOR SALE	1878 BOBTAIL DR	174,900		1,580	110.7
FOR SALE	1921 BOBTAIL DR	175,000		1,590	110.06
FOR SALE	1860 BOBTAIL DR	199,900		1,740	114.89
FOR SALE	2021 FALKNER RD	224,900		1,822	123.44
IN  CONTRACT	2163 TORTS SHELL DR	189,900		1,536	123.63
SOLD	BIRMAN ST	142,500	165,000	1,266	112.56	130.33
SOLD	BOBTAIL DR	175,000	172,000	1,966	89.01	87.49
SOLD	BOBTAIL DR	184,900	173,000	1,494	123.76	115.8
SOLD	BOBTAIL DR	188,900	185,000	1,494	126.44	123.83
SOLD	BIRMAN ST	189,000	184,000	1,848	102.27	99.57
SOLD	BIRMAN ST	189,900	197,000	2,045	92.86	96.33
SOLD	FENNELL ST	199,000	199,000	1,788	111.3	111.3
SOLD	BIRMAN ST	229,900	229,900	2,044	112.48	112.48
SOLD	BOBTAIL DR	250,000	245,000	2,343	106.7	104.57

For any further details please call me or send me a message to urrug4@aol.com. I also do rentals.

 

 

 

 

 

 

 

 

 

 

 

MARKET UPDATE TO OCTOBER 19, 2013

Statistics as reported by the MyFloridaRegional MLS to October 18, 2013

Homes available for sale: 2
Price range : $204,900 to $209,900
Average asking price: $ 207,400
Average price per square foot: $125.15
Type of transaction: One bank-owned, one normal (sold by a person or a corporation)

Homes with an accepted a contract, not yet closed:  2
Price range: $ 185,000 to $ 199,000
Average asking price: $ 192,000
Average price per square foot: $ 113.83
Average days in the market before contract: 21
Type of transaction : one short sale, one normal.


Homes sold from October 18, 2012 to October 18, 2013 :  9
Price range from $ 165,000 to $ 245,000
Average price of home sold: $ 190,322
Average price per sq. ft. sold $ 107.06
Average days in the market: 17
Bank owned sold: 3
Short sales sold: 0
Normal: 6


Homes sold from October 18, 2011 to October 18, 2012: 11
Price range from $ 115,000 to $ 187,500
Average price of home sold: $ 147,114
Average price per sq. ft. sold: $ 83.10
Average days in the market: 27
Bank owned sold: 3
Short sales sold: 7
Normal: 1

Last 6 months:
Conditions have improved tremendously.
Number of houses sold: 6 - Out of 9 sold in the last 12 month.
Price range of houses sold:  from $165,000 to $245,000
Average price per sq. ft. $ 113.89, compared to $ 107.06 of the last 12 months.
Average price per home sold: $ 199,150, compared to $ 190,322 of the last 12 months.
Average days in the market: 13, compared to 17 of the last 12 months.

Increase in average price of homes sold year over year: 29.4%, a fabulous improvement.
Increase in average price per sq. ft. sold year over year:  28.8%, also a significant increase.

Inventory is extremely low, very few houses offered in the market. The number of distressed sales is tailing off as time progresses:  September 2011 to 2012 it was 91%, 2012 to 2013 same period it was 33%.  67% of houses sold in the last 12 months took place in the last 6 months which shows owners are now more willing to sell to take advantage of better prices.

First time buyers, because of still affordable prices and relatively low interest rates, and investors, most of them paying cash, are the main source of demand.

Conditions are  given to sell your house at an attractive price and in a relatively short time. This is a good time to put your house on sale.

This is the activity taking place in the last twelve months:

	Address	List Price	Sold Price	Heat Area	Listed	Sold
		$	$	Sq. ft.	$/ sq. ft.	$/ sq. ft.
FOR SALE	1878 BOBTAIL DR	204,900		1580	129.68
FOR SALE	1860 BOBTAIL DR	209,900		1740	120.63
WITH CONTRACT	1921 BOBTAIL DR	185,000		1590	116.35
WITH CONTRACT	2167 FENNELL ST	199,000		1788	111.3
SOLD	BIRMAN ST	142,500	165,000	1266	112.56	130.33
SOLD	BOBTAIL DR	175,000	172,000	1966	89.01	87.49
SOLD	BOBTAIL DR	179,900	162,000	1739	103.45	93.16
SOLD	BOBTAIL DR	184,900	173,000	1494	123.76	115.8
SOLD	BOBTAIL DR	188,900	185,000	1494	126.44	123.83
SOLD	BIRMAN ST	189,000	184,000	1848	102.27	99.57
SOLD	BIRMAN ST	189,900	197,000	2045	92.86	96.33
SOLD	BIRMAN ST	229,900	229,900	2044	112.48	112.48
SOLD	BOBTAIL DR	250,000	245,000	2343	106.7	104.57

For any further details please call me or send me a message to urrug4@aol.com. I also do rentals.

MARKET UPDATE TO SEPTEMBER 13, 2013

Statistics as reported by the MyFloridaRegional MLS to September 13, 2013

Homes available for sale: 2
Price range : $204,900 to $224,900
Average asking price: $ 214,900
Average price per square foot: $127.73
Type of transaction: One bank-owned, one normal (sold by a person or a corporation)

Homes with an accepted a contract, not yet closed:  3
Price range: $ 185,000 to $ 229,900
Average asking price: $ 211,300
Average price per square foot: $ 118.23
Average days in the market before contract: 13
Type of transaction : one bank-owned, one short sale, one normal.

Homes sold from Sept. 13, 2012 to Sept. 13, 2013 :  8
Price range from $ 162,000 to $ 245,000
Average price of home sold: $ 185,375
Average price per sq. ft. sold $ 106.39
Average days in the market: 19
Bank owned sold: 2
Short sales sold: 0
Normal: 6


Homes sold from Sept. 13, 2011 to Sept. 13, 2012: 13
Price range from $ 115,000 to $ 187,500
Average price of home sold: $ 147,173
Average price per sq. ft. sold: $ 82.85
Average days in the market: 42
Bank owned sold: 3
Short sales sold: 9
Normal: 1

Last 6 months:
Conditions have improved tremendously.
Number of houses sold: 6 - Out of 8 sold in the last 12 month.
Price range of houses sold:  from $165,000 to $245,000
Average price per sq. ft. $ 111.74, compared to $ 106.39 of the last 12 months.
Average price per home sold: $ 191,500, compared to $ 185,375 of the last 12 months.
Average days in the market: 20, compared to 19 of the last 12 months.

Increase in average price of homes sold year over year: 26.0%, a fabulous improvement.
Increase in average price per sq. ft. sold year over year:  28.4%, also a significant increase.

Inventory is extremely low, very few houses offered in the market. The number of distressed sales is tailing off as time progresses:  September 2011 to 2012 it was 92%, 2012 to 2013 same period it was 25%.  75% of houses sold in the last 12 months took place in the last 6 months which shows owners are now more willing to sell to take advantage of better prices.

First time buyers, because of still affordable prices and relatively low interest rates, and investors, most of them paying cash, are the main source of demand.

Conditions are  given to sell your house at an attractive price and in a relatively short time. This is a good time to put your house on sale.

This is the activity taking place in the last twelve months:

		Address		List Price	Sold Price		Sq. Ft.		LP/SqFt	SP/SqFt
FOR SALE		1878 BOBTAIL DR		204,900			1580		129.68
FOR SALE		2167 FENNELL ST		224,900			1788		125.78
WITH CONTRACT		1860 BOBTAIL DR		219,000			1740		125.86
WITH CONTRACT		1921 BOBTAIL DR		185,000			1590		116.35
WITH CONTRACT		7949 BIRMAN ST		229,900			2044		112.48
SOLD		BIRMAN ST		142,500	165,000		1266		112.56	130.33
SOLD		BOBTAIL DR		175,000	172,000		1966		89.01	87.49
SOLD		BOBTAIL DR		179,900	162,000		1739		103.45	93.16
SOLD		BOBTAIL DR		184,900	173,000		1494		123.76	115.8
SOLD		BOBTAIL DR		188,900	185,000		1494		126.44	123.83
SOLD		BIRMAN ST		189,000	184,000		1848		102.27	99.57
SOLD		BIRMAN ST		189,900	197,000		2045		92.86	96.33
SOLD		BOBTAIL DR		250,000	245,000		2343		106.7	104.57

Feel free to call me for further details whether selling or buying. I also do rentals.

Market Update to August 11, 2013

Statistics as reported by the MyFloridaRegional MLS to August 11, 2013

Homes available for sale: 3
Price range : $185,000 to $229,900
Average asking price: $ 206,600
Average price per square foot: $119.50
Type of transaction: Two bank-owned, one short sale.


Homes with an accepted a contract, not yet closed:  1
Asking price: $ 184,900
Price per square foot: $ 123.76
Days in the market before contract: 13
Type of transaction : Normal sale (sold by a person or corporation)


Homes sold from August 2, 2012 to August 2, 2013 :  8
Price range from $ 156,900 to $ 245,000
Average price of home sold: $ 183,363
Average price per sq. ft. sold $ 103.85
Average days in the market: 20
Bank owned sold: 2
Short sales sold: 1
Normal: 5


Homes sold from August 2, 2011 to August 2, 2012: 14
Price range from $ 120,000 to $ 187,500
Average price of home sold: $ 147,104
Average price per sq. ft. sold: $ 81.00
Average days in the market: 57
Bank owned sold: 4
Short sales sold: 9
Normal: 1

Last 6 months:
Conditions have improved tremendously.
Number of houses sold: 5 - Out of 8 sold in the last 12 month.
Price range of houses sold:  from $165,000 to $245,000
Average price per sq. ft. $ 110.93, compared to $ 103.85 of the last 12 months.
Average price per home sold: $ 195,200, compared to $ 183,363 of the last 12 months.
Average days in the market: 21, compared to 20 of the last 12 months.

Increase in average price of homes sold year over year: 24.6%, a fabulous improvement.
Increase in average price per sq. ft. sold year over year:  28.3%, also a significant increase.

Inventory is extremely low, very few houses offered in the market. The number of distressed sales is tailing off as time progresses:  August 2011 to 2012 it was 93%, 2012 to 2013 same period it was 38%.  62% of houses sold in the last 12 months took place in the last 6 months which shows owners are now more willing to sell to take advantage of better prices.

First time buyers, because of still affordable prices and relatively low interest rates, and investors, most of them paying cash, are the main source of demand.

Conditions are  given to sell your house at an attractive price and in a relatively short time. This is a good time to put your house on sale.

 Houses sold in the last twelve months: Full address not published in respect of privacy.

Address		Sold $		Date Sold
BIRMAN ST		165,000		6/7/2013
BOBTAIL DR		156,900		8/21/2012
BOBTAIL DR		172,000		12/28/2012
BOBTAIL DR		162,000		10/25/2012
BOBTAIL DR		185,000		4/26/2013
BIRMAN ST		184,000		3/27/2013
BIRMAN ST		197,000		6/21/2013
BOBTAIL DR		245,000		7/17/2013

Feel free to contact me for further details whether selling or buying. I also do rentals.