Archive for the 'San Messina' Category
Weston Single Family Homes Sold March 2012
April 10th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, Savanna, The Falls, The Islands, The Lakes, The Springs, Weston Hills Country Club, Windmill Ranch Estates, Windmill Reserve
Weston’s Real Estate Market Keeps Being HOT!
In the month of March we had … SFH Closed, it is a significant number considering we are not in the peak season of the market. Homes for sale keep going down and well priced properties in good conditions may get multiple offers. We have been swinging between a balanced market and a sellers market for the lowest price ranges for several months now. (A Balanced market is when we have between 6 and 9 months of inventory based on Closed Sales).
There was an unusual number of Foreclosures and the percentage of distressed sales (40%) is slightly higher than in the last few months which the average has been around 35%.
Total Homes Closed on March 2012 59
By Type of Financing
By Type of Transaction
To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click read more…
Closed Sales by Community
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Weston Single Family Homes Sold During January 2012
February 8th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, San Messina, San Remo, San Sebastian, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Lakes Estates
58 TOTAL SINGLE FAMILY HOMES SOLD IN WESTON DURING JANUARY 2012
Weston’s Real Estate Market has been moving consistently for the last year. The graph below contains data for the last 15 months. You may notice a slight difference between the two data sets but the trends are very clear. Decreasing Inventories and steady sales indicate we are in a seller’s market (Under 6 months of Inventory based on Closed Sales). We ended the month of January with the lowest number of homes for sales we have had since 2004…
To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click read more…
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New Listing in San Messina 3 BR + 2 BA $249,900
January 17th, 2012 categories: San Messina
1702 Salerno Cr Weston, Fl CLICK HERE for Detailed Information
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Weston Single Family Homes Sold on September 2011
October 13th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Emerald Isles, Isles at Weston, San Messina, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
64 Homes Closed in Weston on September 2011
BY TYPE OF TRANSACTION:
45 Regular Sales
10 Short Sales
9 Foreclosures
The percentage of distress sales has been maintained over the last months representing approximately 30% of all total sales. A number that even though looks high is still lower than the percentage in other areas.
BY TYPE OF FINANCING
32 Conventional Loans
20 Cash Deals
10 FHA Loans
2 VA Loans
It’s interesting to note that the proportion of cash sales (over 30%) is still very high compared to traditional markets. We also notice a higher number of FHA’s loans than what we were seeing in the last few months.
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If you are interested in visiting this home or to find how much your home is worth, please call us at (954) 588-7260 or contact us.
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Weston Homes Sold on May 2011
June 5th, 2011 categories: Bonaventure, Country Isles, Isles at Weston, Market Update, San Messina, San Sebastian, Savanna, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
For detailed in formation a list of single family homes sold during the month of May read more… Read the rest of this entry »
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Weston Single Family Homes Sold August 2010
September 8th, 2010 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, San Remo, Savanna, Sunrise, Tequesta, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
Weston Real Estate Market Looking Good!
During the Month of August 2010 73 Single Family Homes were sold in Weston of which:
6 were Short Sales (8.2%)
5 were Foreclosures (6.8%)
62 were Regular Sales (85%)
It’s interesting to note that the percentage of distress sales have reduced significantly. Even though, there was an interesting foreclosure in Windmill Ranch Estates 2750 Hackney Rd with a lot over 1 acre which sold for $ 690,000 a very low price for a home in that community.
Months of Inventory based on Closed Sales are just a little over 5 months. Months of Inventory indicates if the market is a seller’s or buyer’s market. 6 Months is considered a balanced market and under 6 months a Seller’s Market.
There were 6 homes in Weston that closed above $ 1,000.000, which represents and increase compared with the last few months and 18 under $ 300,000.
Based on type of transaction:
14 Cash
45 Conventional
12 FHA’s
2 VA’s
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If you are interested in renting or listing for rent Real Estate in WESTON, please call me at (954) 588-7260 or contact me.
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Single Family Homes Sold in Weston July 2010
August 12th, 2010 categories: Bonaventure, Communities, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, Savanna, Sunrise, Tequesta, The Falls, The Islands, The Lakes, The Landings, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
During the Month of July 2010 56 Single Family Homes were sold in Weston of which:
7 were Short Sales (12%)-One of the lowest percentages in a long time
10 were Foreclosures (18%)
30 were Regular Sales (70%)
The average Sale Price/List Price was 96%. It means that properties are being listed at reasonable prices and in general there is not much room to play with price when presenting offers.
Months of Inventory based on Closed Sales are just a little over 6 months. Months of Inventory indicates if the market is a seller’s or buyer’s market. 6 Months is considered a balanced market.
Almost 77% of the homes closed were under $500,000.00
Information gathered from the Multiple Listing Service as of July 12, 2010
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Weston Real Estate Market Update – Townhouses/Coach Homes as of Feb. 27, 2009
February 27th, 2009 categories: Bonaventure, Communities, Courtside at Weston Hills CC, Courtyard at the Grove, Market Update, San Mateo, San Messina, San Remo, San Sebastian, San Simeon, The Legends at Weston Hills CC
Every Community has its own personality even thou some of them have the same floor-plans.
Courtside, Mariposa Pointe and the Legends are all Coach homes. Mariposa is located next to Weston’s Town Center and the other two at Weston Hills Country Club.
California Courts, Coconuts and Emerald courts are each of them one of a kind.
All the “Sans” and Courtyard are town-homes communities with the exact Floor Plans. It seems that the newer of the two communities San Mateo and Courtyard a shorter turnaround time.
When I see numbers like these, where in the same kind of product the Months of Inventory based on Closed Sales go from 4.2 to 39 months, I wonder how much we can trust broad statistics. The market is behaving in such a way that every community must be researched with a magnifier glass without loosing sight of the whole picture.
The following graph shows the average Months of Inventory for Condos and Town-houses in Weston as of the end of January of 2009. This includes all Weston’s and Bonaventure Condos, Town-homes and Coach homes/Villas communities.
The representation of fro data supplied by the SEF Mls as of Jan. 31,2009
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