Statistics as reported by the MyFloridaRegional MLS to April 27, 2014
Homes available for sale: 4
Price range: From $179,000 to $219,000
Homes available for sale: 4
Price range: From $179,000 to $219,000
Average Price: $200,225
Average Price per square foot: $ 115.19
Type of transaction: One short sale, two normal (sold by a person or a corporation), one sale by owner.
Percent of distressed homes: 33%
Homes with an accepted a contract, not yet closed: 0
Homes sold from April 27, 2013 to April 27, 2014: 13
Price range from $ 163,000 to $ 245,000
Average price of home sold: $ 189,869
Average price per sq. ft. sold $ 109.54
Average days in the market: 51
Bank owned sold: 4
Short sales sold: 1
Normal: 8 - Percent distressed: 38.4
Homes sold from April 27, 2012 to April 27, 2013: 7
Price range from $ 150,000 to $ 185,000
Average price of home sold: $ 167,129
Average price per sq. ft. sold: $ 97.11
Average days in the market: 16
Bank owned sold: 2
Short sales sold: 2
Normal: 3 – Percent distressed: 57
Last 6 months:
Conditions still are good, few houses in the market.
Number of houses sold: 8 - Out of 13 sold in the last 12 months.
Price range of houses sold: from $163,000 to $204,000
Average price per sq. ft. $ 108.07, compared to $ 109.54 of the last 12 months.
Average price per home sold: $ 182,300, compared to $ 189,869 of the last 12 months.
Average days in the market: 76, compared to 51 of the last 12 months.
Average price of home sold: $ 189,869
Average price per sq. ft. sold $ 109.54
Average days in the market: 51
Bank owned sold: 4
Short sales sold: 1
Normal: 8 - Percent distressed: 38.4
Homes sold from April 27, 2012 to April 27, 2013: 7
Price range from $ 150,000 to $ 185,000
Average price of home sold: $ 167,129
Average price per sq. ft. sold: $ 97.11
Average days in the market: 16
Bank owned sold: 2
Short sales sold: 2
Normal: 3 – Percent distressed: 57
Last 6 months:
Conditions still are good, few houses in the market.
Number of houses sold: 8 - Out of 13 sold in the last 12 months.
Price range of houses sold: from $163,000 to $204,000
Average price per sq. ft. $ 108.07, compared to $ 109.54 of the last 12 months.
Average price per home sold: $ 182,300, compared to $ 189,869 of the last 12 months.
Average days in the market: 76, compared to 51 of the last 12 months.
.
Increase in average price of homes sold year over year: 13.6%, still a good price increase. This percent increase has been coming down in the last analyses. Increase in average price per sq. ft. sold year over year: 12.8%, also a significant increase. Again, this pace is not sustainable and more likely these percentages will begin to level off slightly.
It is taking longer to sell. This is the result of slow demand prompted by stiffer conditions imposed by lenders or for selling prices not correctly set from the very beginning.
There are now four houses for sale. The number of distressed sales is tailing off as time progresses: April 27, 2012 to same date 2013 it was 57%, 2013 to 2014 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 if well priced. . This is a good time to put your house on sale.
These are sales of the last twelve months:
Increase in average price of homes sold year over year: 13.6%, still a good price increase. This percent increase has been coming down in the last analyses. Increase in average price per sq. ft. sold year over year: 12.8%, also a significant increase. Again, this pace is not sustainable and more likely these percentages will begin to level off slightly.
It is taking longer to sell. This is the result of slow demand prompted by stiffer conditions imposed by lenders or for selling prices not correctly set from the very beginning.
There are now four houses for sale. The number of distressed sales is tailing off as time progresses: April 27, 2012 to same date 2013 it was 57%, 2013 to 2014 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 if well priced. . This is a good time to put your house on sale.
These are sales of the last twelve months:
| Address | List Price | Sold Price | HTD | LP/SqFt | SP/SqFt |
| For Sale | |||||
| 2163 TORTOISE SHELL DR | 179,000 | 1,536 | 116.54 | ||
| 1950 BOBTAIL DR | 199,900 | 1,762 | 113.45 | ||
| 2021 FALKNER RD | 219,000 | 1,822 | 120.2 | ||
| 2171 FENNEL | 203,000 | 1,836 | 110.57 | ||
| Sold | |||||
| 8009 BIRMAN ST | 142,500 | 165,000 | 1,266 | 112.56 | 130.33 |
| 2109 KORAT LN | 170,000 | 163,000 | 1,382 | 123.01 | 117.95 |
| 1878 BOBTAIL DR | 174,900 | 166,000 | 1,580 | 110.7 | 105.06 |
| 1921 BOBTAIL DR | 175,000 | 175,000 | 1,590 | 110.06 | 110.06 |
| 1830 BOBTAIL DR | 184,900 | 173,000 | 1,494 | 123.76 | 115.8 |
| 7931 BIRMAN ST | 189,900 | 197,000 | 2045 | 92.86 | 96.33 |
| 2167 FENNELL ST | 199,000 | 199,000 | 1,788 | 111.3 | 111.3 |
| 2149 FENNELL ST | 199,900 | 199,900 | 1,689 | 118.35 | 118.35 |
| 1860 BOBTAIL DR | 199,900 | 195,000 | 1,740 | 114.89 | 112.07 |
| 1795 BOBTAIL DR | 209,000 | 204,000 | 2,045 | 102.2 | 99.76 |
| 7949 BIRMAN ST | 229,900 | 229,900 | 2044 | 112.48 | 112.48 |
| 1800 BOBTAIL DR | 250,000 | 245,000 | 2,343 | 106.7 | 104.57 |
| 8028 BIRMAN ST | N/A | 156,500 | 1,739 | N/A | 89.99 |
Contact me for any further information at 407 421 9091 or urrug4@aol.com
Visit my website www.benjaminrealtor.com for market tidbits and updates, and also my professional page in Facebook for up-to-date articles of general interest: https://www.facebook.com/benjaminurrutiarealtor. I also do rentals. Contact me for a free estimate of your home.
Visit my website www.benjaminrealtor.com for market tidbits and updates, and also my professional page in Facebook for up-to-date articles of general interest: https://www.facebook.com/benjaminurrutiarealtor. I also do rentals. Contact me for a free estimate of your home.
