Sunday, June 9, 2013

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


No homes available for sale as of this date.


Homes that accepted a contract, not yet closed:  3
Price range: from $142,000 to $250,000. Final sold price will be known at closing.
Average asking price: $ 194,133
Average price per square foot: $ 104.04
Average days in the market: 18
Bank owned: 1
Short sale: 0
Normal: 2


Homes sold from June 9, 2012 to June 9, 2013 :  5
Price range from $ 156,900 to $ 185,000
Average price per sq. ft. sold: $ 99.92
Average price of home sold: $ 171,980
Average days in the market: 21
Bank owned sold: 2
Short sales sold: 1
Normal: 2

Homes sold from June 9, 2011 to June 9, 2012: 18
Price range from $ 115,000 to $ 187,500
Average price per sq. ft. sold: $ 82.65
Average price of home sold: $ 148,220
Average days in the market: 52
Bank owned sold: 6
Short sales sold: 8
Normal: 4

Last 6 months:
Conditions have improved tremendously.
Number of houses sold: 3 - Not many houses available for sale.
Price range of houses sold from $172,000 to $185,000
Average price per sq. ft. $ 103.63, compared to $ 99.92 of the last 12 months.
Average price per home sold: $ 180,333, compared to $ 171,980 of the last 12 months.
Average days in the market: 25, compared to 21 of the last 12 months.

Increase
in sq. ft. sold average year over year:  21.0%, a significant increase.
Increase in average price of home year over year: 16.0., also a significant increase.

Prices have reacted very favorably for homeowners. Inventory is extremely low, very few houses offered in the market. The number of distressed sales is tailing off as time progresses: 2011 to 2012 June to June it was 77%, 2012 to 2013 same period it was 60% and for those under contract  is 33%.  Currently, there are no houses are available for sale.

First time buyers are taking advantage of affordable prices and still low interest rates, although conditions to approve a loan are now very stiff. Investors are also buying, most of them paying cash. 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:

Address Sold Price Living area Date Sold
$ Sq. Ft.
1680 Bobtail Dr.  156,900 1642 8/21/2012

2016 Bobtail Dr.
 
172,000 1966 12/28/2012
1644 Bobtail Dr. 162,000 1739 10/25/2012

2047  Bobtail Dr.

185,000

1494

4/26/2013
 
8016 Birman St. 184,000 1848 3/27/2013
   

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